EMX Royalty Corp.: EMX Royalty Executes Option Agreement for Five Battery Metal Projects in Scandinavia EMX Royalty Corporation (NYSE American: EMX) (TSXV: EMX) (the Company or EMX ) is pleased to announce the execution of an option agreement (the Agreement ) for the Flåt, Bamble and Brattåssen nickel-copper-PGE-cobalt projects in Norway (the Norwegian Projects ), and for the Mjövattnet and Njuggträskliden nickel-copper-PGE-cobalt projects in Sweden (the Swedish Projects ) with Martin Laboratories EMG Limited ( MLE ), a private UK based company. MLE was created with the specific intention of advancing this portfolio of battery metal projects in Scandinavia and will be initially backed by private sector investment. See Figure 1 for project locations.
Jan 27 2021
Nickel Mines Ltd posted record earnings in the December quarter and beat all broker forecasts, with coming expansion suggesting further upside.
-Nickel Mines reported record NPI production
-Increased stake in Angel Nickel
-Change to pricing structure
By Greg Peel
Nickel Mines Ltd ((NIC)) has an 80% interest in two rotary kiln electric furnace (RKEF) projects in the Morowali Industrial Park in Indonesia. Chinese steel company Tsingshan holds the other 20%.
The two projects, Hengjaya and Ranger, together produced a record 11.5kt of nickel in the December quarter, up 8% on the September quarter and 5% year on year. Both production, and realised nickel prices, exceeded broker forecasts by varying degrees.
BNC Revenue Down U.S.$3.3 Million Amid Sales Volume Decline
January 6, 2021
Bindura Nickel Corporation (BNC) revenue has gone down by US$3.3 million on the backdrop of reduced sales volumes owing to internal strategic arrangements.
In a recent update for the half year period ended September 30 2020, BNC board chairperson, Muchadeyi Masunda attributed the decline to temporary stoppage in dispatches to the market and new marketing arrangements which were put in place following the termination of the Glencore Off-take Agreement.
“The turnover for the period of US$25.0 million was 12% lower than the US$28.3 million realised in the comparative period last year. The London Metal Exchange (LME) nickel price averaged US$13 214 per tonne, compared to US$13 927 per tonne achieved in the prior year,” he said.
By Alois Vinga
BINDURA Nickel Corporation (BNC) revenue has gone down by US$3.3 million on the backdrop of reduced sales volumes owing to internal strategic arrangements.
In a recent update for the half year period ended September 30 2020, BNC board chairperson, Muchadeyi Masunda attributed the decline to temporary stoppage in dispatches to the market and new marketing arrangements which were put in place following the termination of the Glencore Off-take Agreement.
“The turnover for the period of US$25.0 million was 12% lower than the US$28.3 million realised in the comparative period last year. The London Metal Exchange (LME) nickel price averaged US$13 214 per tonne, compared to US$13 927 per tonne achieved in the prior year,” he said.
Nickel Mines (ASX:NIC) raises another $64M for Angel Nickel purchase
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Nickel Mines (NIC) has raised an additional $64 million in capital through a retail entitlement offer
The business raised $275 million earlier this month via the institutional component of the same entitlement offer
It s since received $64 million worth of subscriptions under the retail offer, representing a take-up of 72 per cent
The remaining $25.3 million in untouched shares will be split between eligible shareholders who oversubscribed and sub-underwriters of the offer
Nickel Mines had planned to raise $364 million in capital to fund the partial acquisition of the Angel Nickel Project