Jien Nickel Raises Investment in Canada Nickel Project

SHANGHAI , January 28 , SinoCast — Jilin Jien Nickel Industry announces that it plans to raise investment in Nunavik copper and nickel mine in Canada by CAD 195 million .

The board of director approved a proposal to raise the investment at a general meeting of shareholders in 2011. Total investment was CAD 969 million .

Total investment now comes to CNY 1.16 billion after the expansion.

Source: http://www.kitco.com/news//2014-01-28/Jien-Nickel-Raises-Investment-in-Canada-Nickel-Project.html

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