Karora moves to capitalise on nickel opportunities

Toronto-headquartered gold junior Karora Resources is making every effort to capitalise on the strong nickel price environment and is moving “as quickly as possible” to bring new nickel areas into production, CEO Paul Andre Huet said on Monday.

He said Karora, which focuses on precious metals in Western Australia, was excited about the prospects to increase its nickel production, with output of 450 t to 550 t forecast for this year and increases expected from early next year.