Wallbridge spins out nickel assets to focus on gold
Canadian company said it wants to focus on its core gold projects Fenelon and Martiniere, and is selling its Grasset and RUM projects in Quebec and its Sudbury and NW projects in Ontario.
Canadian company said it wants to focus on its core gold projects Fenelon and Martiniere, and is selling its Grasset and RUM projects in Quebec and its Sudbury and NW projects in Ontario.
Toronto, Canada, July 12, 2022 – Tartisan Nickel Corp. (CSE:TN; OTCQX:TTSRF; FSE:8TA) (“Tartisan”, or the “Company”) is pleased to announce the completion […]
Its after-tax net present value, using a 5% discount rate, is estimated at C$109 million, with an internal rate of return of 20%.
Fears of a recession are currently generating a much broader investor exodus from the commodity sector, writes Andy Home.
The man nicknamed ‘Big Shot’ is poised to walk away from the 2022 nickel fiasco with his company, Tsingshan Holding Group, intact and even expanding.
Potanin has said a tie-up could strengthen the companies' defences against any sanctions the West might impose on them.
The first nickel hydroxide product was produced from the world’s first stand-alone nickel laterite heap leaching operation.
Hedge fund Elliott Associates and Jane Street Global Trading are suing the London Metal Exchange for up to $500 million after the LME cancelled nickel trades on March 8 when prices soared to record highs above $100,000 a tonne in chaotic trade.
“It is increasingly clear that concerns about demand are taking precedence over supply issues in the metals markets”.
The company currently holds 791,227 treasury shares after last year's buyback.
The new Mining Power Rankings are live. Vote for the sector’s leaders in each of the Large-, Small-, and Micro-Cap leagues.