Engages CRU to Confirm Value-in-Use Analysis of RNC's Concentrate Roasting Approach for Dumont High Grade Nickel-Cobalt Concentrate TORONTO, March 1, 2018 /CNW/ - RNC Minerals is pleased to provide an update on value enhancement initiatives related to the Dumont Nickel-Cobalt Project. CRU has been engaged to complete a value-in-use and market value [...]
TORONTO, Feb. 22, 2018 /CNW/ - RNC Minerals is pleased to report that Cobalt 27 Capital Corp. has agreed to acquire an existing 1.75% Net Smelter Return royalty on all future production over all metals from the Dumont Nickel-Cobalt Project . "Cobalt 27's acquisition of the 1.75% NSR royalty highlights why the Dumont Nickel-Cobalt Project is one of [...]
TORONTO, Jan. 18, 2018 /CNW/ - RNC Minerals Corp. reports that Beta Hunt mined gold production increased by 21% to 12,722 ounces in the fourth quarter of 2017 versus Q3, and reached an annualized production rate of over 70,000 ounces during the second half of December. 160 kt were mined at Beta Hunt at an average grade of 2.47 g/t during Q4 2017 [...]
RNC Minerals expects to undertake a series of initiatives during 2018 to position the company to make a decision to begin construction of the Dumont Nickel-Cobalt Project, which contains the world's largest undeveloped reserves of both cobalt and nickel, in 2019. With many market participants expecting explosive growth in nickel and cobalt demand [...]
TORONTO, Jan. 12, 2018 /CNW/ - RNC Minerals today announced that it has completed the equity issuances described in its news release dated December 14, 2017, by issuing 29,750,312 common shares to Auramet International LLC at a price of $0.16 per share and 7,704,167 common shares to other stakeholders at a price of $0.16 per share. RNC has also [...]
RNC Minerals is pleased to announce that it has restructured its financing package with Auramet International LLC to fund the repayment of all obligations under the Senior Secured Gold Loan entered into in October 2016 and provide financial flexibility to support completion of the ramp-up and development of the Beta Hunt Mine, including the planned [...]
TORONTO, Nov. 27, 2017 /CNW/ - RNC Minerals is pleased to provide an update on its plans to increase nickel production from the Beta Hunt gold and nickel mine. Beta Hunt nickel production is expected to double in 2018 to approximately 4 million pounds of contained nickel. With ongoing ramp-up of gold production at Beta Hunt, C1 nickel cash cost is [...]
TORONTO, Nov. 15, 2017 /CNW/ - RNC Minerals is pleased to announce that Orford Mining Corp. has received the outstanding base metal assay results from the summer 2017 drilling and prospecting program on its 100% controlled Qiqavik Project in northern Quebec. Results show that high-grade copper is associated with the gold mineralization intersected [...]
RNC will host a call/webcast on November 15 at 10:00 a.m. (Eastern Time) to discuss Q3 2017 results. North American callers please dial: 1-888-231-8191, international callers please dial: (+1) 647-427-7450. For the webcast of this event click [here] (replay access information below). TORONTO, Nov. 15, 2017 /CNW/ - RNC Minerals (TSX: RNX) ("RNC [...]
First Specimen Stone Gold at Depth Discovered in A Zone Yields 30 Ounce Specimen Multiple High-Grade Intersections Demonstrate Growth Potential of Western Flanks and A-Zone Areas TORONTO, Oct. 19, 2017 /CNW/ - RNC Minerals (TSX: RNX) ("RNC") is pleased to report continued high-grade drill results at depth from underground drilling at its Beta Hunt [...]
TORONTO, Oct. 18, 2017 /CNW/ - RNC Minerals Corp. ("RNC") (TSX: RNX) reports that Beta Hunt mined gold production increased by 27% to 10,489 ounces in the third quarter versus the second quarter of 2017. Mark Selby, President and CEO of RNC, commented, "I am very pleased with the continued robust quarter-over-quarter performance improvement in Beta [...]
Confirms Special Meeting date for TNN Spin Out TORONTO, Sept. 26, 2017 /CNW/ - RNC Minerals' ("RNC") (TSX: RNX) 67% owned subsidiary, True North Nickel ("TNN"), is pleased to provide an update regarding the 2017 gold exploration program at its high-grade gold Qiqavik Project. Along with Qiqavik, TNN's other highly prospective exploration [...]
