Royal Nickel narrows net loss, lays out timeline for Dumont

Nov 12, 2013 | 11:20 AM | Rey Mashayekhi

Tags  Royal Nickel, nickel, Dumont project, earnings report, Tyler Mitchelson, Rey Mashayekhi

NEW YORK — Royal Nickel Corp.’s net loss narrowed in the third quarter due in part to lower administrative expenses as the company focuses on the Dumont project in Quebec.

Toronto-based Royal Nickel posted a net loss of Canadian $1.4 million ($1.3 million) for the three months ended Sept. 30 vs. a net loss of C$2.9 million in the same period last year due primarily to lower general and administrative expenses of C$800,000 ($763,400) and a lower deferred tax expense of....

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