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Thursday, August 10th, 2017

 

Sumitomo pulls out

Giant mining company withdraws from race for Nickel in the country   SUMITOMO Metal Mining Solomon Limited, a subsidiary of Sumitomo Metal Mining Co Ltd (“SMM”) has withdrawn its interest from the nickel exploration project in the country. The giant mining company made the announcement yesterday. A statement to this paper stated that SMM will no longer carry on with the project that they started but remain indolent as a result of litigation processes the company faced over the past years. The reason(s) behind their withdrawal is still not clearRead More