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Mincor's strategy shift set to pay off

Less than two years after suspending nickel mining on the back of low prices, Mincor Resources (AU:MCR) looks like bouncing back with production from its Widgiemooltha gold project in Western Australia.

Mincor's strategy shift set to pay off Mincor's strategy shift set to pay off Mincor's strategy shift set to pay off Mincor's strategy shift set to pay off Mincor's strategy shift set to pay off

The shift from nickel to gold looks like paying off for Mincor

The company has outlined a favourable feasibility study showing the asset could produce 65,863 ounces of gold over an initial 19-month mine life at an all-in sustaining cost of A$1,126 per ounce