Conic Metals Corp. one of Canada’s only pure-play nickel and cobalt producers, is pleased to provide an update on the production results from the Ramu Nickel-Cobalt mine in Papua New Guinea . Conic owns an 8.56% joint-venture interest in Ramu which is operated by the Metallurgical Corporation of China . For the 4th year in a row, Ramu exceeded its nameplate capacity, producing a total of 33,659 tonnes of contained nickel [...]
Conic Metals Corp. provides the following update to shareholders from its Chairman, Mr. Anthony Milewski. As we close out 2020 and our first full year of trading at Conic, I want to take a moment to provide an update to our shareholders and partners. With few nickel producers listed on the Toronto Stock Exchange, Conic is a unique vehicle providing shareholders leverage to the price of nickel and cobalt through our [...]
Conic Metals Corp. is pleased to provide operating results for the quarter ending September 30, 2020 of the Company’s largest asset, being the Ramu Nickel-Cobalt integrated operation in Papua New Guinea. Conic currently holds an 8.56% joint-venture interest in the Ramu operation. Ramu is operated by the Metallurgical Corporation of China which, along with its partners, owns an 85.0% interest in Ramu. “Conic is pleased to [...]
Conic Metals Corp. is pleased to announce that it has added C$6.9 million of cash to its balance sheet by, after approval of its independent board members, monetizing the 3.98 million shares that the Company owned in Giga Metals Corp. “Conic has significantly improved its balance sheet with the execution of this sale,” stated Justin Cochrane, Conic’s President & CEO. “We continue to hold a 2.0% NSR royalty on Giga’s [...]
Conic Metals Corp. is pleased to announce that it has received an updated mineral resource and reserve report prepared in accordance with the JORC Code on the Ramu Nickel-Cobalt operation from project operator, China Metallurgical Group Corporation , prepared by Sinomine Resource Group Co. Ltd. . “We are pleased to see that ongoing drilling activities in 2019 have increased resources by almost 50% to 145 million tonnes [...]
Conic Metals Corp. is pleased to provide operating results for the quarter ending June 30, 2020 of the Company’s largest asset, being the Ramu Nickel-Cobalt integrated operation in Papua New Guinea. Conic currently holds an 8.56% joint-venture interest in the Ramu operation. Ramu is operated by the Metallurgical Corporation of China which, along with its partners, owns an 85.0% interest in Ramu. “Despite the impact of the [...]
Conic Metals Corp. is pleased to provide an update on its royalty portfolio and remind investors that it has tremendous exposure to the types of nickel mines that Tesla’s Chief Executive Officer, Elon Musk, is looking for. Elon Musk, Tesla’s CEO, stated on their recent quarterly conference call that “Tesla will give you a giant contract for a long period of time if you mine nickel efficiently and in an environmentally [...]
Conic Metals Corp. is pleased to provide operating costs for the quarter ending March 31, 2020 of the Company’s largest asset, being the Ramu Nickel-Cobalt integrated operation in Papua New Guinea . Conic currently holds an 8.56% joint-venture interest in the Ramu operation. Ramu is operated by the Metallurgical Corporation of China which, along with its partners, owns an 85.0% interest in Ramu. “Ramu’s operating costs [...]
Conic Metals Corp. today provided an update on timing of the release and filing of its financial results for the period ended March 31, 2020. In response to the ongoing global COVID-19 pandemic, the Canadian Securities Administrators have recently announced temporary blanket relief allowing market participants an additional 45 days in which to complete certain regulatory filings required to be made on or before June 1 [...]
Conic Metals Corp. today provided an update on timing of the release and filing of its financial results for the period ended December 31, 2019. In response to the ongoing global COVID-19 pandemic, the Canadian Securities Administrators have recently announced temporary blanket relief allowing market participants an additional 45 days in which to complete certain regulatory filings required to be made on or before June 1 [...]
Conic Metals Corp. is pleased to provide operating results for the quarter ending March 31, 2020 of the Company's largest asset, being the Ramu Nickel-Cobalt integrated operation in Papua New Guinea. Conic currently holds an 8.56% joint-venture interest in the Ramu operation. Ramu is operated by the Metallurgical Corporation of China which, along with its partners, owns an 85.0% interest in Ramu. "Ramu's Q1 production was [...]
Conic Metals Corp. is providing an operational update on the impact of the Covid-19 pandemic and the response plan at the Ramu Nickel-Cobalt integrated operation in Papua New Guinea. Conic currently holds an 8.56% joint-venture interest in the Ramu operation which is operated by the Metallurgical Corporation of China. To safeguard the health and wellbeing of all PNG citizens and employees at Ramu, MCC has initiated a [...]
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