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Nickel 28 Releases Ramu Q1 2021 Performance

Provided by
Business Wire
Nickel 28 Releases Ramu Q1 2021 Performance
Nickel 28 Capital Corp. (the “Company”) (TSXV: NKL) (FSE: 3JC) is pleased to provide results for the quarter ending March 31, 2021 for the Company’s largest asset, being the Ramu Nickel-Cobalt (“Ramu”) integrated operation in Papua New Guinea. Nickel 28 currently holds an 8.56% joint-venture interest in the Ramu operation.
“Ramu delivered record Q1 production due to lower maintenance in the quarter, again exceeding its design capacity” stated Nickel 28’s President and CEO, Justin Cochrane. “In addition, cash costs net of byproduct revenue was only $1.70 per pound of contained nickel, primarily as a result of higher cobalt prices and higher cobalt payability for Ramu’s mixed hydroxide product (“MHP”).” continued Mr. Cochrane. ....

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Nickel 28 Announces Financial Results, Large Debt Repayment and New Analyst Coverage

Press release content from Business Wire. The AP news staff was not involved in its creation.
Nickel 28 Announces Financial Results, Large Debt Repayment and New Analyst Coverage
May 3, 2021 GMT
Nickel 28 Capital Corp. (“
3JC ) has released its results for the year ended December 31, 2020.
The Company’s President and CEO, Justin Cochrane is pleased to announce that “with the significant cash generation from Ramu in the second half of 2020 and much higher nickel prices in the first part of 2021, we now expect to fully repay the Company’s operating debt around the middle of this year, which is much sooner than our previous guidance.” Mr. Cochrane continued, “MCC, our operating partner in PNG for over 17 years, continues to deliver outstanding performance from Ramu.” ....

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Nickel 28 Releases Ramu Q4 and Full Year 2020 Performance

Press release content from Business Wire. The AP news staff was not involved in its creation.
Nickel 28 Releases Ramu Q4 and Full Year 2020 Performance
February 19, 2021 GMT
Conic Metals Corp., soon to be renamed Nickel 28 Capital Corp. (“
Nickel 28 ” or the “
NKL ) (FSE:
3JC ) is pleased to provide results for the quarter ending December 31, 2020 and for the full year of 2020 for the Company’s largest asset, being Ramu Nickel-Cobalt (“
Ramu ”) integrated operation in Papua New Guinea. Nickel 28 currently holds an 8.56% joint-venture interest in the Ramu operation. Ramu is operated by the Metallurgical Corporation of China (“
MCC ”) which, along with its partners, owns an 85.0% interest in Ramu. ....

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Nickel 28 Releases Ramu Q4 and Full Year 2020 Performance

Nickel 28 Releases Ramu Q4 and Full Year 2020 Performance
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Nickel 28 Capital Corp.: Nickel 28's Ramu Confirmed as One of Lowest Carbon Emitters Amongst Nickel Producers

Nickel 28 Capital Corp.: Nickel 28 s Ramu Confirmed as One of Lowest Carbon Emitters Amongst Nickel Producers
Nickel 28 or the
GHG ) intensity for the Ramu Nickel-Cobalt operation (
Ramu ) confirming the operation is one of the lower GHG emitters in the nickel industry. The GHG intensity review was conducted by Trytten Consulting Services, a leading firm with technical, economic, and sustainability expertise in the battery metals industry.
Justin Cochrane, Nickel 28 s President and CEO stated, We are pleased to confirm that Ramu s GHG intensity for Scope 1 Scope 2 emissions are the lowest in the world when compared to other high pressure acid leach ( ....

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