Nickel 28 Capital Corp. announced today that it has made a voluntary application to the applicable Canadian securities regulatory authorities for a temporary management cease trade order under National Policy 12-203 - Management Cease Trade Orders , which, if granted, will prohibit trading in securities of the Company by certain directors and [...]
Nickel 28 Capital Corp. is pleased to provide operational results for the quarter ending March 31, 2024 for the Company's largest asset; the Ramu Nickel-Cobalt integrated operation in Papua New Guinea. Nickel 28 currently holds an 8.56% joint-venture interest in Ramu which is operated by the Metallurgical Corporation of China . Q1 2024 Ramu [...]
We are issuing this statement in response to recent allegations made by the Special Committee of Nickel 28 Capital Corp. , concerning the terminations of Mr. Anthony Milewski, Mr. Justin Cochrane, and Mr. Conor Kearns . The Special Committee has made several claims regarding the circumstances surrounding the terminations of the Founding Management [...]
Nickel 28 Capital Corp. today announced that Mr. Anthony Milewski, former Chief Executive Officer of the Company, Mr. Justin Cochrane, former President of the Company, and Mr. Conor Kearns, former Chief Financial Officer of the Company, have been terminated for cause with immediate effect after the Company found evidence of serious misconduct [...]
Nickel 28 Capital Corp. , one of Canada's only pure-play nickel and cobalt producers, today announced its participation in the following investment conferences: BMO Global Metals, Mining & Critical Minerals Conference Senior management including Anthony Milewski and Justin Cochrane will participate in BMO's Global Metals, Mining & Critical Minerals [...]
Nickel 28 Capital Corp. is pleased to provide an update on the strong operational results for the quarter ending December 31, 2023, and for the full year of 2023 for the Company's largest asset, being its interest in the Ramu Nickel-Cobalt integrated operation in Papua New Guinea. Nickel 28 currently holds an 8.56% joint-venture interest in Ramu [...]
Nickel 28 Capital Corp. is pleased to provide nickel and cobalt production levels for the Company's largest asset, being the Ramu Nickel-Cobalt integrated operation in Papua New Guinea. Nickel 28 currently holds an 8.56% joint-venture interest in Ramu which is operated by Metallurgical Corporation of China . Announcement Highlights: For the [...]
Nickel 28 Capital Corp. has released its results for the quarter ended October 31, 2023. All figures are expressed in United States dollars, unless otherwise indicated. "During the quarter, Ramu distributed $13.7 million to the Company via a cash distribution of $4.8 million and a reduction of its non-recourse construction debt of $8.9 million from [...]
Nickel 28 Capital Corp. is pleased to provide operational results for the production quarter ending September 30, 2023 for the Company's largest asset, being the Ramu Nickel-Cobalt integrated operation in Papua New Guinea. Nickel 28 currently holds an 8.56% joint-venture interest in Ramu which is operated by Metallurgical Corporation of China . Q3 [...]
Nickel 28 Capital Corp. is pleased to announce the successful resumption of full production levels at the Ramu Mine's Basumuk HPAL plant following the earthquake on October 7, referred to in our press release of October 10, 2023. The earthquake, which had a magnitude of 6.7, triggered immediate safety protocols and a comprehensive evaluation of the [...]
Nickel 28 Capital Corp. announces that on October 7, 2023 at approximately 18:34 local time an earthquake of magnitude 6.7 struck Papua New Guinea with the epicenter approximately 5 km to the south of Ramu Mine's Basumuk HPAL plant . Immediately following the earthquake, Ramu Mine personnel initiated a controlled plant shutdown in order to address [...]
Nickel 28 Capital Corp. has released its results for the quarter ended July 31, 2023. "In the second calendar quarter of 2023, Ramu continued its strong performance of operations maintaining its industry leading low costs and ability to operate at above nameplate capacity" stated Anthony Milewski, the Company's Chief Executive Officer. "Ramu [...]