French mining group Eramet faces a stoppage from Thursday at some of the mines operated by its troubled New Caledonian nickel subsidiary SLN in a dispute with local authorities over financial guarantees. SLN is preparing to suspend activity at its mines in New Caledonia's northern province after the provincial government rejected a short extension of the guarantees, which are required to cover potential environmental restoration, Eramet said in an emailed statement. Read this story
