Victory Nickel’s Minago project in Manitoba said viable
Dec 15, 2009 | 10:13 AM
| Tom Jennemann
Victory Nickel Inc.'s Minago sulfide nickel project in Manitoba is technically and commercially viable and could produce about 11,000 tonnes of high-grade nickel in concentrate annually over a seven-year operating life, according to a definitive feasibility study.
The Toronto-based company estimated the capital cost at Canadian $596 million ($561.5 million), including a C$50-million ($47.1-million) contingency allocation. The project has an estimated internal rate of return of 17.66 percent and would be paid for four years after the start of production, the company....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.