Glencore, French open $7bn nickel mine in New Caledonia
Photo by Bloomberg
François Hollande and Ivan Glasenberg
François Hollande and Ivan Glasenberg
JOHANNESBURG (miningweekly.com) – French President François Hollande on Monday officially opened the new $7-billion Koniambo Nickel project in New Caledonia, a territory of France that is located 1 210 km east of Australia, in the south-west Pacific Ocean.
The joint venture (JV) between the London, Hong Kong- and now also Johannesburg-listed Glencore and Société Minière du Sud Pacifique (SMSP) saw Glencore CEO Ivan Glasenberg, SMSP president André Dang and Koniambo Nickel president Peter Hancock join President Hollande at the launch.
Read more at: http://www.miningweekly.com/article/glencore-french-open-7bn-nickel-mine-in-new-caledonia-2014-11-17
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