XStrata Looking To Increase Nickel Production By 5Nickel juniors being looked at??
Swiss-basedXstrata is targeting a doubling of nickel production within five years,a senior executive said on Wednesday, rivalling the dominance of biggersector rivals in Russia, Brazil and Australia.
Xstrata'schief financial officer for its nickel arm, Shaun Usmar, said a heftyexploration budget coupled ((with an eye toward acquiring other minerswould lead to the leap in output.))
https://uk.reuters.com/article/oilRpt/idUKSYD3184120080806
I would say its more likely that X will buy GMI than vice-versa.
I don't have any GMI right now, but I'm watching it closely.
Monty