Goro Nickel's mother company INCO of Canada is set to merge with the Brazilian metal and mining company Companhia Vale do Rio Doce, or CVRD.
This follows the Brazilian company's successful offer to purchase 75% of INCO's shares.
Our correspondent in New Caledonia Tuo Chinula says the mining sector will be following the merger to see if it will affect the planned 2-billion US Goro Nickel mining project in the country.
