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LionOre completes sale of nickel properties to Kagara
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Sunday, 24 Dec 2006
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Canadian nickel producer LionOre Mining has announced that it has completed the sale of nickel properties in Western Australia to Kagara Zinc. The sale was previously announced in November and the assets in the Forrestania region of the state were valued at A$25m.

LionOre said it wants to focus on its core priority of achieving vertical integration via its Activox technology which is being rolled out in Botswana.

Kagara has historically been a zinc producer but has recently diversified into copper production and now appears to be looking at the possibility of nickel production.

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