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Nickel miner IGO considers selling huge WA gold asset – NEWS.com.au

Nickel miner IGO considers selling huge WA gold asset

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Diversified miner IGO Ltd is considering selling its 30 per cent stake in the huge Tropicana gold mine in Western Australia, saying it is not getting enough value from the asset despite high prices for the precious metal.The company, which also produces nickel, copper and cobalt from its wholly owned Nova mine in WA, announced on Friday it was conducting a strategic review of Tropicana, a project 70 per cent owned by South African giant AngloGold Ashanti.
IGO, formerly named Independence Group,…

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