Pacific Nickel gets mining lease for Kolosori
PERTH (miningweekly.com) – ASX-listed Pacific Nickel Mines has been awarded a mining lease for the Kolosori project, on the Solomon Islands.
In addition, Pacific Nickel has also entered into a surface access rights agreement with landowners and a mining agreement with the government of the Solomon Islands, setting out the mining, environmental and fiscal terms for the Kolosori project.
“Pacific Nickel Mines has worked closely with various departments of the government to obtain a mining lease for the Kolosori nickel project. This is a major achievement for the company, and we welcome the support of the national, Isabel provincial governments and landowners to develop the Kolosori nickel project,” said Pacific Nickel CEO Geoff Hiller.
“Now that we have been awarded a mining lease, it allows the company to begin progressing development operations for Kolosori. The next step is to finalise a DFS for the project. The timing of the definitive feasibility study relies on a LiDAR survey and the construction of a second trial stockpile to assess moisture content.
“We are pleased to report that the initial LiDAR survey has been completed and that the second trial stockpile is under construction. I look forward to updating shareholders in the coming weeks, as we begin to fast-track the Kolosori nickel project into development.”
Hiller said that the company is now looking to expedite the wharf and haul road construction, along with establishing a construction camp as soon as practicable, which should allow the project to ramp up to its full 1.3-million tonnes a year of direct shipping nickel ore during 2023.
Article Enquiry
Email Article
Save Article
Feedback
To advertise email advertising@creamermedia.co.za or click here
Research Reports
Projects
Latest Multimedia
Latest News
Showroom
The Steel Tube Export Association of South Africa was established to develop sustainable, internationally competitive carbon steel tube and pipe...
VISIT SHOWROOM
Rentech provides renewable energy products and services to the local and selected African markets. Supplying inverters, lithium and lead-acid...
VISIT SHOWROOM
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation
