M&A

Rapidly growing Nickel Mines confirms acquisition of Siduarsi

NICKEL Mines' "rapid growth story" has taken two more steps as the company starts commissioning of its fourth RKEF production line at Angel and acquires the Siduarsi pre-development nickel-cobalt project in Papua province following due diligence that began last September last year.

Nickel Mines is ultimately targeting a Ramu-like development at Siduarsi

Nickel Mines is ultimately targeting a Ramu-like development at Siduarsi

Siduarsi is being acquired in stages including an initial A$500,000 cash payment, expenditure of $5 million over the next two years and the issue of four million shares (upon a resource estimate of at...

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