MELBOURNE Aug 8 A Chinese-owned nickel mine in
Papua New Guinea, which was shut for a few days following an
attack by armed villagers, should still be able to meet its
target of 22,000 tonnes of nickel in 2014, the mine's minority
partner said on Friday.
"The operator has advised Highlands that it does not
anticipate the incident will have any material impact on the
annual forecast production for 2014," Highlands Pacific Ltd
said in a statement to the Australian stock exchange.
The $2.1 billion Kurumbukari mine was attacked by villagers
on Monday, who caused A$4 million ($3.7 million) in damage to
mining and office equipment, Highlands said.
The mine, operated by Ramu NiCo, which is majority-owned and
run by Metallurgical Corporation of China Ltd (MCC),
would be shut for four to five days, while the Basamuk process
plant would continue to run, Highlands said.
(1 US dollar = 1.0797 Australian dollar)
(Reporting by Sonali Paul; Editing by Richard Pullin)