“As we continue to successfully advance Crawford financing and permitting activities, we are confidently moving into this next phase of project development,” chief executive Mark Selby said.
Canada Nickel’s boss reiterated the company is aiming for a mine construction decision by mid-2025, with first production by the end of 2027.
The proposed operation will consist of two open pits complemented by an on-site mill, to be completed in two phases to allow for throughput ramp-up, the feasibility study showed. Total capital cost for the two phases is estimated at $3.5 billion.
Over a 41-year project life, total metal production is calculated at 3.54 billion lb. of nickel, 52.9 million lb. of cobalt, 490,000 oz. of palladium and platinum, 58 million tonnes of iron, and 6.2 million lb. of chromium.
Crawford’s feasibility study describes the use of conventional open-pit mining methods to extract 1,715 million tonnes of ore and…
