Glencore, French open $7bn nickel mine in New Caledonia

Photo by Bloomberg
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

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s