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DUAL-listed nickel laterite producer ENK says it has received $US34 million ($A33.7 million) owing from the sale of its Caldag nickel project in Turkey and is now cashed up to pursue development of the Acoje project in the Philippines.
ENK sold Sardes Nikel Madencilik and Turmad Madencilik, the holding entities for the Caldag project, to a subsidiary of Turkish company Oremine Madencilik San for $40 million.
Record prices make up for lower production as overburden removal continues and stockpiles depleted
Santana cashed up and ready to rumble
