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Canada Nickel Preliminary Economic Assessment Confirms Robust Economics of Crawford Nickel Sulphide Project


Canada Nickel Preliminary Economic Assessment Confirms Robust Economics of Crawford Nickel Sulphide Project
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8% and 16% after-tax IRR
First quartile net C1 cash cost of $1.09/lb and net AISC of $1.94/lb of nickel
Production of 1.9 billion pounds nickel over 25 years
Annual EBITDA of $439 million and annual free cash flow of $274 million
Immediately advancing to feasibility study
(All amounts in US dollars unless otherwise indicated.)
TORONTO, May 25, 2021 /PRNewswire/ -
Canada Nickel Company Inc. ( Canada Nickel  or the
Company ) (TSXV: CNC) (OTCQB: CNIKF), is pleased to announce that the Preliminary Economic Assessment ( PEA ) has confirmed robust economics showing an after-tax NPV ....

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West High Yield updates magnesium progress in BC - Canadian Mining Journal


West High Yield updates magnesium progress in BC
May 18, 2021
Regions
Magnesium mining at Record Ridge could begin as soon as permits are received. Credit: West High Yield Resources.
West High Yield Resources (TSXV: WHY) is concentrating on metallurgical work for its Record Ridge magnesium deposit near Rossland, B.C. The company has initiated the final stage of the permitting process that was previously on hold due to financial challenges and the Covid-19 pandemic. 
Tests done by Kingston Process Metallurgy (KPM) in 2019 demonstrated that the ore can be successfully leached using a proprietary hydrochloric acid process to produce a magnesium chloride solution. The solution can be purified to more than 99% MgCl ....

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