Nickel Investing reported that Toledo Mining expects to agree a strategy with its JV partners for the Berong nickel project in the Philippines before the end of the month.

Toledo confirmed that it was considering how best to develop a direct shipping laterite operation at the project along with its JV partners and talks are also continuing with prospective ore buyers.

Toledo said that its board expects to agree a strategy with its partners for the development of the project by the end of the month.

Atlas Consolidated Mining and Development Corporation stated that it was working with its partners to restart mining and direct shipping operations in 2011 given higher nickel prices.

(Sourced from nickelinvestingnews.com)