French court stops Goro Nickel construction

(Toronto Star, Toronto, 24 November 2006) Nickel soared to a 19-year high amid supply fears after a French court ordered Inco Ltd. to halt construction on part of its massive Goro nickel project in New Caledonia due to environmental concerns. As noted in our June 2006 What's New, at least one OECD ECA is still considering support for this giant controversial mine.