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BNC smelter upgrade project on ice

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BINDURA Nickel Corporation’s (BNC) says it has put its $20 million smelter project on hold due to declining nickel prices. When the company raised funds for the smelter project through a bond in 2014, it had assumed that nickel prices would rise from $16 500 per tonne in 2014 to $21 000 in 2016 before…

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