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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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Industry First, Nickel 28 Buys Carbon Offsets for Its Share of Ramu Nickel and Cobalt Production


Press release content from Business Wire. The AP news staff was not involved in its creation.
Industry First, Nickel 28 Buys Carbon Offsets for Its Share of Ramu Nickel and Cobalt Production
March 15, 2021 GMT
Nickel 28 Capital Corp. (“
NKL ) (FSE:
3JC ), one of Canada’s only pure-play nickel and cobalt producers, is pleased to provide the following update.
Nickel 28 has purchased 52,500 carbon offsets on the Verra Registry
The carbon offsets will fully offset Nickel 28’s anticipated 2021 attributable greenhouse gas (GHG) emissions from the Ramu integrated nickel-cobalt mine and refinery
The Company believes this will make it the mining industry’s first carbon neutral refined nickel-cobalt producer ....

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