Indonesia curbing nickel supply to support locals, Eramet says
The French miner was this year given a sales quota by the Asian nation that was 29% less than it expected.
Proto Resources & Investments Ltd (“Proto”, “the Company”) has acquired rights over a nickelcobalt development project located in Saxony, Germany. The Kiefernberg project area is within the Granitulite Mountains licence that Proto has entered into an option to acquire from Deutsche Rohstoff AG. The licence also contains a brownfield former nickel mine as well as several other known mineralisations.
The Granitulite Mountains licence has already been the subject of extensive drilling, with over 1200 holes having been completed to varying depths. A project to compile all historical geochemical results into a digital database is already underway. This will be followed by the design of a programme of confirmatory drilling to allow sufficient quality assurance/quality control (“QAQC”) to define a JORC-compliant resource using the historical data.
