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12 Sep
21:17

GK Resources to buy Brazilian nickel deposits

Toronto-based GK Resources has signed a letter of intent to buy two nickel deposits in Brazil, Kallanish learns from a company release. The deposits - Morro sem Boné and Morro do Leme – are held by Mineração Tanagra Ltda and Anglo American Níquel Brasil Ltda by way of Guaporé Mineração Ltda. GK plans to pay $13 million total for the 7,314-hectare property. "We are very pleased to be able to announ…
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