FPX Nickel drills high-grade, near-surface Van target at Decar in British Columbia
The Van zone is open for expansion to the south and west and potentially at depth.
The Van zone is open for expansion to the south and west and potentially at depth.
It will initially invest $40 million in the Kabanga project, regarded as the world’s largest development-ready, high-grade nickel sulphide deposit.
The company will invest $40 million in privately-owned Kabanga Nickel and $10 million in Lifezone Ltd.
Refined nickel inventories in ShFE warehouses were last at 4,859 tonnes, close to a record low of 4,455 tonnes in August 2021.
Magna notes that the Shakespeare project is permitted, and that the feasibility study will be released in the first quarter this year.
In a €2.5-million deal with Grupo Sacyr, Atalaya Mining has become a major player in the Ossa-Morena Metallogenic Belt.
Chinese battery materials producer said it would buy over a five-year period as part of a broad strategic cooperation agreement.
The plant will be able to process 13 million tonnes of nickel ore annually.
Using data from Mining Intelligence, this graphic shows the top 10 companies by nickel production along with their market cap.
The Canadian nickel explorer has expanded its footprint in Ontario by acquiring or earning into 13 additional projects.
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