Nickel 28 Capital Corp. is pleased to announce today the voting results for the election of its board of directors, which took place at the Company's Annual General and Special Meeting held on August 15, 2022 in Toronto, Ontario, Canada. The number of directors was set at four and all of the nominees listed in the management proxy circular dated [...]
Nickel 28 Capital Corp. is pleased to provide an update on its 2.0% Net Smelter Return royalty from Giga Metal's Turnagain Nickel/Cobalt deposit. Earlier today, Giga announced the formation of a joint venture with Mitsubishi Corporation to pursue the development of the Turnagain Nickel Deposit in northern British Columbia, Canada. This joint [...]
Nickel 28 Capital Corp. is pleased to provide operational results for the production quarter ending June 30, 2022 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 the Metallurgical Corporation of China . Q2 [...]
Nickel 28 Capital Corp. has released its results for the quarter ended April 30, 2022. "During the quarter, the Company received a cash distribution of $3.5 million from Ramu's operating surpluses for the second half of 2021. In addition, production at Ramu returned to historic highs, following a short pause in production at the end of 2021 due to [...]
Nickel 28 Capital Corp. has released its results for the year ended January 31, 2022. The Company's President, Justin Cochrane is pleased to announce that "with continued significant cash generation from Ramu in 2021, and higher nickel prices, the Company repaid the first tranche of its Joint Venture debt, and we received our first cash [...]
Nickel 28 Capital Corp. is pleased to provide operational results for the quarter ending March 31, 2022 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 the Metallurgical Corporation of China . Q1 2022 Ramu [...]
Nickel 28 Capital Corp. is pleased to provide operational results for the quarter ending December 31, 2021 and for the full year of 2021 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 the Metallurgical [...]
Nickel 28 Capital Corp. is pleased to announce that it is changing its financial year-end from December 31 to January 31. The change in financial year-end has been made to better align its financial reporting with that of the Company's interest in the Ramu joint venture project and to allow time for the Company to prepare its audited financial [...]
Nickel 28 Capital Corp. provides the following update to shareholders from its Executive Chairman, Mr. Anthony Milewski. As we close out 2021, I want to take a moment to provide an update to our shareholders and partners. As one of the few nickel producers listed on the Toronto Stock Exchange, Nickel 28 is a unique vehicle providing shareholders [...]
Nickel 28 Capital Corp. has released its results for the three and nine-months ended September 30, 2021. "Following a strong H1 2021 performance from Ramu, the Company reached a significant milestone and repaid the first of two non-recourse debt tranches, which triggered a US$3.2 million cash distribution. For this event, we would like to thank our [...]
Nickel 28 Capital Corp. has been notified by Metallurgical Corporation of China , our operating partner at the Ramu mine, that the Ramu nickel-cobalt operation's mine has re-started production following the two week pause in operations announced on October 27, 2021. The Company does not expect that the recent pause in operations will have a [...]
Nickel 28 Capital Corp. is pleased to release its operating results for the nine-month and three-month periods ending September 30, 2021, for the Company's principal asset, an 8.56% joint-venture interest in the Ramu Nickel-Cobalt integrated operation in Papua New Guinea. Additionally, Nickel 28 is pleased to announce the receipt of its first free [...]
