Deep Sea Minerals Corp. has signed a non-binding Letter of Intent with Westwin Elements, Inc. to evaluate U.S.-based processing routes for polymetallic nodules. The proposed collaboration aims to conduct bench and pilot-scale test work to assess the recovery of nickel, cobalt, copper, and manganese.
Deep Sea Minerals Corp. has signed a non-binding Letter of Intent with Westwin Elements, Inc. to evaluate U.S.-based processing routes for polymetallic nodules. The proposed collaboration aims to conduct bench-and pilot-scale test work to assess recovery pathways for nickel, cobalt, copper, and manganese.
Canada Nickel's Crawford project demonstrates strong economic resilience with a first-quartile net C1 cash cost of US$0.39/lb, bolstered by significant by-product credits from iron, chromium, and cobalt. Recent 2025 FEED work has improved the project's after-tax NPV to US$2.8 billion and IRR to 17.6%, despite a modest 5% increase in initial capital costs compared to the 2023 feasibility study.
The article discusses nickel market dynamics, noting a price slide to $16,000-$17,000 due to Indonesian quota uncertainty despite strong battery-sector demand growth. It highlights key corporate updates, including exceptional high-grade nickel-copper drill results from Talon Metals and a series of permitting and financing milestones for Canada Nickel.
First Atlantic Nickel & Cobalt Corp. has closed a $6.15 million non-brokered private placement to fund exploration and metallurgical testing at its Pipestone XL project in Newfoundland. The company highlighted its unique smelter-free processing pathway for nickel-cobalt alloy (awaruite), which recently produced a high-grade concentrate averaging 67.4% nickel.
First Atlantic Nickel & Cobalt Corp. has closed a $6.15 million non-brokered private placement via the issuance of 8,210,000 flow-through common shares. The proceeds are earmarked for exploration and metallurgical testing at the Pipestone XL Nickel-Cobalt Alloy Project in Newfoundland, leveraging a unique smelter-free processing pathway.
Homeland Nickel Inc. has closed a C$3.04 million private placement and received USFS acceptance for its Red Flat Plan of Operation. The company is also accelerating its technical studies, with updated Mineral Resource Estimates and economic assessments for the Red Flat and Cleopatra projects expected in Q4 2026.
Homeland Nickel Inc. has closed a C$3.04 million private placement and received USFS acceptance for its Red Flat Plan of Operation. The company also announced that data recompilation will allow for updated Mineral Resource Estimates and accelerated economic studies (PEA and Initial Assessment) expected in Q4 2026.
Homeland Nickel Inc. has closed a C$3.04 million private placement and received USFS acceptance for its Red Flat Plan of Operation. The company also announced that data recompilation will allow for updated Mineral Resource Estimates and accelerated economic studies (PEA and Initial Assessment) expected in Q4 2026.
Homeland Nickel announced the USFS acceptance of its Plan of Operation for the Red Flat project and the successful closing of a C$3.04 million private placement. The company also expects to release updated Mineral Resource Estimates for both Red Flat and Cleopatra in Q4 2026, following a successful data recompilation effort.
