Brief: Timeless Software says further delay in resumption of nickel-copper mining activities

Timeless Resources Holdings

03/08/2016 11:43

Aug 3 (Reuters) - Timeless Software Ltd  8028.HK : 
 * Voluntary announcement further delay in resumption of nickel-copper mining 
   activities  8028.HK  
 * Nickel-copper business of the group is now under much heavier pressure than 
   expected 
 * Impact of Russian ores will carry through to the end of 2016 
 * Resumption of the mining activities of the baishiquan nickel-copper mine will 
   depend on the future market conditions 
 * Company decided to further withhold the resumption of the overall activities 
   on nickel-copper mining for the year 
 * Delay will enable the group to control expenses 
 
 * Source text for Eikon  ID:nHKSc2xSCC  
 
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