Key points - Jervois receives Idaho Tax Reimbursement Incentive approval for Idaho Cobalt Operations - Incentive will provide reimbursement of 28% of Idaho corporate, payroll and sales taxes for 14 years - To receive the tax credits, Jervois will create a minimum of 164 new jobs in Idaho at an average annual wage above the Lemhi County average [...]
Key points --Jervois progressing debt financing for Idaho Cobalt Operations in Idaho, United States --Discussions with United States Federal Government are part of Jervois' debt financing negotiations occurring in parallel with negotiations with private lenders, which are advancing --Jervois is exploring funding for ICO singularly or combined with [...]
Jervois Mining Ltd. or the "Company") advises that CEO, Bryce Crocker will deliver an investor presentation and participate in a panel discussion at the Cormark Securities Inflection 2021 Virtual Conference. The presentation that will be provided by Mr Crocker is available on the Company website at www.jervoismining.com.au. On behalf of [...]
Highlights -Jervois to engage Metso Outotec to subcontract to Ausenco as part of Bankable Feasibility Study to restart operations at the São Miguel Paulista nickel / cobalt refinery in Brazil -Metso Outotec's role will be to support lead contractor Ausenco, and complete testwork, piloting and flowsheet engineering to complete the BFS -BFS Stage 1 [...]
Highlights -Jervois retains Ausenco as lead engineering contractor for São Miguel Paulista refinery Bankable Feasibility Study , as Jervois aims to restart operations during 2022 -Jervois will become a vertically integrated speciality metals producer when SMP is restarted as described below and its Idaho Cobalt Operations begins production, which [...]
Highlights --Jervois engages Promon Engenharia to complete a detailed assessment of São Miguel Paulista nickel and cobalt refinery asset integrity to support restart plans --Deliverables include detailed plant and equipment refurbishment costs and schedule --Vendors and technical experts secured to participate in integrity audit --Jervois is in [...]
Jervois Mining Ltd. confirms that Jervois CEO, Mr Bryce Crocker, will be presenting at the virtual BMO 30th Global Metals & Mining Conference this week. In addition, Mr Crocker will hold a number of 1 on 1 meetings throughout the conference with institutional investors. The presentation that will be provided by Mr Crocker is available on the [...]
Jervois Mining Ltd. announces the engagement of Mr Hiroyuki Shinto as its Japan Marketing Adviser. Mr. Shinto will have exclusive responsibility for marketing Jervois's product into Japan, including the groups nickel and cobalt products from Idaho Cobalt Operations, in Idaho, United States and from the São Miguel Paulista Refinery São Paulo [...]
Jervois ended the December 2020 quarter with A$42.3 million in cash and at year end had a loan from the US government outstanding for A$0.1 million relating to Covid-19 stimulus payroll protection, for which forgiveness requirements have already been met. Cash during the period increased significantly due to announcement of an A$45.0 million [...]
HIGHLIGHTS - Six diamond drill holes completed at Kilembe to test the high-grade Cu-Au anomalies during Q4 2020. All results have now been received. Result highlights include: - Hole 20DDHS006 - 2.0m @ 6.0 grams per tonne gold from 147.4m - Hole 20DDHS007 - 24.8m @ 0.9 g/t Au from 53.7m Including 1.05m @ 6.4 g/t Au; from 77.45m - Hole 20DDHS008 [...]
HIGHLIGHTS - Valdecir Botassini joins with the experience of a 35-year career at Votorantim Group where he led both its nickel and zinc divisions; he also served as Chief Operating Officer of Votorantim's mines and smelters across Brazil and Peru. - Mr. Botassini's experience spanned operational, technical and commercial roles, including 20 years [...]
Highlights - Jervois appoints Metso Outotec to manufacture SAG Mill for its Idaho Cobalt Operations , United States, following its award of engineering contracts for the project - Jervois has approved US$4.7 million expenditure to end March 2021 to support engineering and order of long lead items for ICO - Jervois is scheduling delivery of all ICO [...]