South32 CEO Says Colombia Nickel Mine Needs Cash Flow Plan

Updated on
  • Cerro Matoso has fiscal 2017 deadline to outline plan: CEO
  • Producer reviewed Anglo mine sales, will be patient on M&A

South32 Ltd., the diversified miner that’s cutting its global workforce on lower commodity prices, says its loss-making and strike-threatened Colombian nickel asset must deliver a plan to return to profits in the coming fiscal year to remain in operation.

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