Investors are frustrated by the falling price of nickel in the world market for more than 10 years now. PHOTO | FILE
Despite spending over $250 million in the Kabanga Nickel Project in northwestern Tanzania, Barrick Gold Corporation and Glencore Plc are said to be seeking an investor on whom to offload the project.
According to analysts, the investors have been frustrated by the falling price of nickel in the world market for more than 10 years now.
