Royal Nickel delays Dumont commissioning

Jun 17, 2013 | 04:15 PM | Daniel Fitzgerald

Tags  Royal Nickel, Dumont, nickel, feasibility study, Daniel Fitzgerald

NEW YORK — Royal Nickel Corp. has pushed back the estimated commissioning of its Dumont nickel project in Quebec to the "first half of 2016, followed by production ramp-up throughout 2016."

The Toronto-based company had previously forecast project commissioning in late 2015 (amm.com, March 27).

The company expects to achieve the necessary permitting for the project by mid-2014, when it will begin construction. Completion of partnership and financing arrangements are still expected to be finalized in advance of the receipt of permits. The company told AMM last month that it was in discussions with "a number of Japanese mining houses" regarding financing (amm.com, May 2). ....





Latest Pricing Trends

Poll

Are you stocking more inventory today than 18 months ago?

Yes
No


View previous results