IGO Beats Metal Production Guidance for 1HFY20

  • Jan 08, 2020 AEDT
  • Team Kalkine

Independence Group NL (ASX: IGO) has reported preliminary metal production for the Tropicana and Nova operations for the December 2019 Quarter (2Q20) and for the 1HFY20.

  • In the first half of the year, the company produced 15,236 tonnes of nickel, better than the 13,500 to 15,000 tonnes guided;
  • Also, the company produced 6,779 tonnes of copper -ahead of the 5,500 to 6,250 it had forecast, and 561 tonnes of cobalt - ahead of the 425 to 475 it had predicted.

At AEST 01:10PM, the stock was trading at $7.020 per share, up by 8% from its previous close.

 

All pictures are copyright to their respective owner(s).Kalkinemedia.com does not claim ownership of any of the pictures displayed on this website unless stated otherwise. Some of the images used on this website are taken from the web and are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it below the image.

 

There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.

Are you wondering if the year 2020 might not have taken the right start? Dividend stocks could be the answer to that question.

As interest rates in Australia are already at record low levels, find out which dividend stocks are viewed as the most attractive investment opportunity in the current scenario in our report.

CLICK HERE FOR YOUR FREE REPORT!
   
x
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK