09
Sep
09:36
Nickel Mines purchases Siduarsi nickel-cobalt project
Australia-listed Nickel Mines Limited plans to acquire 100% of shares in the Siduarsi nickel-cobalt project in Indonesia. The project is located in Papua Province and is currently in the exploration stage, Kallanish notes.
The Australian company has signed a binding memorandum of agreement (MoA) with Iriana Mutiara Mining (IMM) for the staged acquisition. Under the terms of the MoA, Nickel Mines has to finance various project milestones. These …
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