FPX expects Baptiste PEA this year
The deposit in British Columbia hosts indicated resources of 1.8 billion tonnes grading 0.12% Davis tube recoverable nickel.
The deposit in British Columbia hosts indicated resources of 1.8 billion tonnes grading 0.12% Davis tube recoverable nickel.
The Toowong-based company wants to explore the Moonshine North nickel prospect.
The reservation is adjacent to the company’s flagship Läntinen Koillismaa project.
As the coronavirus spreads, so too do the lockdowns on activity in key supplier countries such as Chile, Peru, South Africa and Indonesia.
There is a dispute over royalty payments from its majority-owned Cerro Matoso ferronickel mine.
Lead, trading in London at $1,725 per tonne, is down by just 10.1% so far this year.
In terms of industrial metal markets, the automotive sector has turned from hero to zero in the space of weeks.
On a global scale, work is grinding to a halt and mines are being placed on temporary care and maintenance.
Glencore joins peers such as Anglo American, Antofagasta, Codelco and Teck Resources in temporarily closing or slowing some operations.
Covid-19-related measure affects the company’s San Cristobal silver-zinc-lead mine and Ambatovy nickel mine.