Nickel 28 Capital Corp. is pleased to provide an update on projects within its royalty portfolio. Nickel 28 Chief Executive Officer, Mr. Craig Lennon commented: "Over the past twelve months, a number of countries - led by the United States, China, India, and other BRICS nations, as well as several members of the European Union, have introduced significant changes to trade and foreign policy. Many of these initiatives [...]
Nickel 28 Capital Corp. is pleased to announce the pending receipt of its ninth cash distribution from the Ramu joint venture. Nickel 28 has received confirmation of a cash distribution for H1 2025 operating performance of approximately US$1.4 million in respect of its 8.56% joint-venture interest in the Ramu Nickel-Cobalt project in Papua New Guinea, which is operated by Metallurgical Corporation of China. Nickel 28 also [...]
Nickel 28 Capital Corp. has released its results for the quarter ended July 31, 2025. Quarterly Highlights Key financial and operating highlights from the Company's second financial quarter ended July 31, 2025, and the operations of the Company's principal asset, an 8.56% joint-venture interest in the Ramu Nickel-Cobalt integrated operation in Papua New Guinea , include the following: Production of 8,564 tonnes of [...]
Nickel 28 Capital Corp. is pleased to provide operational results for the quarter ending June 30, 2025 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 . Q2 2025 Ramu Highlights: Production of 8,564 tonnes of contained nickel in Mixed Hydroxide [...]
Nickel 28 Capital Corp. today announced the results of its annual general meeting of shareholders held on June 24, 2025 . At the Meeting, each of the Company's nominees were duly elected as directors of Nickel 28. In addition, the shareholders of the Company also approved the reappointment of Baker Tilly WM LLP, Chartered Professional Accountants, as auditor of the Company for the ensuing year and to authorize the Board [...]
Nickel 28 Capital Corp. has released its results for the quarter ended April 30, 2025. Quarterly Highlights Key financial and operating highlights from the Company's first financial quarter ended April 30, 2025, and the operations of the Company's principal asset, an 8.56% joint-venture interest in the Ramu Nickel-Cobalt integrated operation in Papua New Guinea , include the following: Production of 6,970 tonnes of [...]
Nickel 28 Capital Corp. is pleased to provide an update on mineral resources and reserves based on data for the Ramu Nickel-Cobalt operation from the project operator, China Metallurgical Group Corporation . Nickel 28 currently holds an 8.56% joint-venture interest in Ramu. Ramu is operated by MCC which, along with its partners, owns an 85.0% interest. Following repayment of the Company's construction debt owed to MCC [...]
Nickel 28 Capital Corp. today announced that it filed on May 28, 2025 its annual audited financial statements for the financial year ended January 31, 2025 . Full Year Highlights Key financial and operating highlights from the Company's financial year ended January 31, 2025, and the operations of the Company's principal asset, an 8.56% joint-venture interest in the Ramu Nickel-Cobalt integrated operation in Papua New [...]
Nickel 28 Capital Corp. announces today that it has defended against the lawsuits brought against it by the Company's former President, Justin Cochrane, and its former Chief Financial Officer, Conor Kearns. The Company has also counterclaimed against Mr. Cochrane for, amongst other things, $12M in damages for breach of contract, breach of fiduciary duties, and conspiracy, and against Mr. Kearns for, amongst other things [...]
Nickel 28 Capital Corp. is pleased to provide operational results for the quarter ending March 31, 2025 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 2025 Ramu Highlights: Production of 6,970 tonnes of contained nickel in Mixed Hydroxide [...]
Nickel 28 Capital Corp. is pleased to announce the pending receipt of its eighth cash distribution from the Ramu joint venture. Nickel 28 has received confirmation of a cash distribution for H2 2024 operating performance of approximately US$1.2 million in respect of its 8.56% joint-venture interest in the Ramu Nickel-Cobalt project in Papua New Guinea, which is operated by Metallurgical Corporation of China. Nickel 28 [...]
Nickel 28 Capital Corp. is pleased to announce the successful resumption of full production levels at the Ramu Nickel-Cobalt Mine's Basamuk HPAL plant. On December 18, 2024, the Company announced a short-term reduction in production due to a mechanical failure of one of the two blowers in the acid plant at Ramu's HPAL plant. Nickel 28 - News Releases. The Company is pleased to announce the mechanical repair and [...]
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