Independence Group NL
Stock Code
Stock Exchange
Independence Group NL (IGO) is a nickel mining and mineral exploration Company. Its key asset is the Long Nickel Mine located at Kambalda in Western Australia. IGO operates this mine through its 100% owned subsidiary, Lightning Nickel Pty Ltd (Lightning). The Company completed the acquisition of the Long Nickel Mine in September 2002 and become a nickel producer in October 2002. The Company is sourcing 168,000 tonnes of ore per anum from the Long Nickel mine.
Study the dividend history for INDEPENDENCE GROUP NL. A taxable payment declared by a company's board of directors and given to its shareholders out of the company's current or retained earnings, usually quarterly. Dividends are usually given as cash (cash dividend), but they can also take the form of stock (stock dividend) or other property. Dividends provide an incentive to own stock in stable companies even if they are not experiencing much growth. Companies are not required to pay dividends.
Aristocrat Leisure (ALL), a gaming company which is engaged in developing gaming machines, software systems and related equipment with focus in Americas, Asia Pacific and Europe was the worst performer in the ASX100 index for the week losing 5.2 percent or 26 cents in its stock price and was closed for the week at $4.67.
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