Australia's Mincor Resources dips on withdrawing FY23 production forecast

Mincor Resources NL

30/03/2023 02:01

** Shares of Mincor Resources  MCR.AX  fall as much as 5% to
A$1.425, posting their biggest intraday percentage fall since
March 14
    ** Nickel miners says global miner BHP  BHP.AX  did not
agree to amend its off-take agreement specifications with co 
    ** Mincor had recently initiated discussions with BHP for
amendments to the off-take terms 
    ** The miner withdraws its FY23 production outlook on the
back of uncertainty about the future of agreement with BHP 
    ** Stock down 0.33% this year, as of last close 
    


 (Reporting by Navya Mittal in Bengaluru)
 ((navya.mittal@thomsonreuters.com))