Zambia We ll repossess Munali Nickle Mine- Yaluma

Zambia We ll repossess Munali Nickle Mine- Yaluma

Oct 21 2009· news Jinchuan Group increases stake in Albidon PERTH-based nickel miner Albidon Limited has struck a multi-million dollar rescue package with China s largest nickel producer Jinchuan …

Albidon suspends operations at Munali nickel indefinately

Albidon suspends operations at Munali nickel indefinately

CNM acquired full operational control of the Munali Nickel Mine and adjacent exploration area in 2015 through a 10 year lease and royalty agreement with Jinchuan with an option to extend for a further 10 years Located 75 km south of Lusaka in Zambia the mine has excellent transport and communication links in a well-known mining jurisdiction

PROPOSAL TO ACQUIRE 100 OF ALBIDON

PROPOSAL TO ACQUIRE 100 OF ALBIDON

SYDNEY - Australia s Albidon Ltd expects that its reactivated Munali nickel mine in Zambia will produce 56 000 tons of nickel concentrate this year Jinchuan owns 49 9 percent of Albidon with

Albidon Limited Private Company Information - Bloomberg

Albidon Limited Private Company Information - Bloomberg

The end product is a nickel-copper-cobalt-PGM concentrate which is sold to Jinchuan Group for smelting Albidon recorded its first revenue from the sale of Munali concentrate in October 2008 The water supply for the project comes partly from an onsite borefield

Zambia nickel mine reopened - China Daily

Zambia nickel mine reopened - China Daily

The Munali project sits about 60km south of Lusaka in southern Zambia It is wholly owned by Australian company Albidon Ltd and currently consists of two deposits Enterprise also known as Munali Phase 1 and Voyager Although it is billed as a nickel project Munali also contains commercial

Albidon Limited Mining Business Media

Albidon Limited Mining Business Media

The saga of funding problems at Albidon looks to be nearing its end after the Australian nickel miner announced that delays to the second tranche of its financing

ZAMBIA Munali s nickel Jinchuan s new partner - Issue

ZAMBIA Munali s nickel Jinchuan s new partner - Issue

Plans for a 100 percent takeover of the Zambia s sole nickel mine a unit of Albidon Zambia Limited may probably take longer than was envisaged because of a protracted US$12 million debt the company owes According to the Government the impending sale of Munali nickel mine to a British Company Consolidated Mining Investment Limited CMI …

Zambia nickel mine resumes output - Reuters

Zambia nickel mine resumes output - Reuters

Australia s Albidon Ltd expects that its reactivated Munali nickel mine in Zambia will produce 56 000 tons of nickel concentrate this year which will be sold at prevailing spot prices to Chinese

A concentrated mining sector - Mining For Zambia

A concentrated mining sector - Mining For Zambia

Albidon Limited explores and develops minerals deposits which includes nickel The company was incorporated in 2000 and is based in West Perth Australia As of June 14 2013 Albidon Limited

Jinchuan talks continue as Albidon appoints administrators

Jinchuan talks continue as Albidon appoints administrators

Feb 28 2008· Australian-listed miner Albidon Ltd said on Thursday it had raised $15 million via a share placement to China s Jinchuan Group to help development of a nickel mine in Zambia

Albidon finally on the road to recovery Metal Bulletin com

Albidon finally on the road to recovery Metal Bulletin com

6 · Privately-owned Consolidated Nickel Mines CNM has breathed new life into its Zambia-based Munali nickel mine Since its initial commissioning back in 2007 under the previous owners Albidon and subsequently Jinchuan Group the mine had been plagued by low nickel …

Albidon suspends Zambia s Munali nickel mine on low prices

Albidon suspends Zambia s Munali nickel mine on low prices

LONDON Dow Jones --Australian nickel miner Albidon Ltd s majority owner China s state-owned miner Jinchuan Group Co plans to make Albidon an acquisition vehicle for nickel assets Albidon s

Jinchuan Group Resources Buys off Munali Nickel Mine In

Jinchuan Group Resources Buys off Munali Nickel Mine In

Two years after work on the Munali nickel mine was halted the operation is attracting fresh interest Jinchuan Group Minerals which previously co-owned the mine alongside the Australian group Albidon - which has since pulled out - has signed a partnership agreement with the British firm CML Investments As a result the mine located at

Botswana Collapsed Nickel Explorer Set to Bounce Back

Botswana Collapsed Nickel Explorer Set to Bounce Back

Mar 26 2010· MAZABUKA ZAMBIA March 26 Reuters - Zambia s Chinese-owned Munali nickel mine resumed output on Friday and plans to raise annual output of nickel …

Zambia nickel mine reopened - chinadaily com cn

Zambia nickel mine reopened - chinadaily com cn

Apr 13 -- Albidon Ltd ALB AU is seeking to fast track the development of Zambia s sole nickel producer Munali Nickel Mine in a bid to profit from favorable nickel prices on the international market company officials said Tuesday The company is aiming to increase annual ore output to 1 2

Miner Albidon gets $15mln via Jinchuan issue - Reuters

Miner Albidon gets $15mln via Jinchuan issue - Reuters

Shareholders of Albidon Limited co-owners of Zambia s sole producer nickel have allowed a 100 percent buy off of the company to Jin Tuo Investments limited The agreement signed on 15 May last year ostensibly means that co-owners Jinchaun Group Resources with 53 percent shareholding in the company Albidon Limited a Toronto Listed miner have bought …

Zambia Albidon To Fast Track Munali Nickel Mine

Zambia Albidon To Fast Track Munali Nickel Mine

Oct 21 2009· NICKEL miner Albidon has appointed administrators to keep operating while finalising a deal with China s Jinchuan Group Albidon which owns the Munali nickel mine in Zambia …

Albidon Ltd - Offtake Agreement Signed with Jinchuan Group

Albidon Ltd - Offtake Agreement Signed with Jinchuan Group

Australian nickel miner Albidon is set to resume exploration under its Selebi- Phikwe prospecting licence after a six-month hiatus caused by the fall in global nickel prices Albidon collapsed

Albidon To Be Nickel Acquisition Vehicle For Jinchuan

Albidon To Be Nickel Acquisition Vehicle For Jinchuan

BRITISH owned conglomerate Consolidated Nickel Mining and Investments Limited is next month expected to start operations at the defunct Munali Nickel Mine in Mazabuka as the major shareholder

Munali Nickel Mine nickel mines - cnmplc co uk

Munali Nickel Mine nickel mines - cnmplc co uk

METALS Australian-based Albidon has started talks with a potential partner for its Munali nickel mine in Zambia as it continues efforts to resume production at its troubled facility

Around of Mining and Metallurgy Munali Nickel Project Zambia

Around of Mining and Metallurgy Munali Nickel Project Zambia

F our big mines dominate Zambia s copper production complemented by several smaller players who also play an important role All the mines are backed by a wide range of respected international investors The Zambian government through its investment-holding company ZCCM-IH is a minority shareholder in nearly all of them and is in effect the biggest shareholder in Zambia s mining

Jinchuan Group increases stake in Albidon - news com au

Jinchuan Group increases stake in Albidon - news com au

Nov 11 2011· Base metals miner Albidon s difficulties deepened on Friday as the miner temporarily suspended operations at its Munali nickel mine in Zambia The company said in a statement that with the decline of global nickel prices by around 23 over the past four months and the less-than-budgeted nickel recoveries at the Munali operation the company had …

Munali Nickel Project Albidon Zambia - Mining Technology

Munali Nickel Project Albidon Zambia - Mining Technology

Albidon s woes ended in 2013 after it was purchased in its entirety by Chinese company Jinchuan Group HKEX 2362 Jinchuan continues to hold on to Munali as Consolidated Nickel reported that

Consolidated Nickel Mines Munali makes a major comeback

Consolidated Nickel Mines Munali makes a major comeback

Sep 23 2009· Albidon owns 21 prospecting licences covering 11 262 sq km around this area and had recorded some positive results through a drilling programme covering four nickel prospects Jinchuan has offered to acquire Albidon s secured debt from Barclays Bank and the European Bank while also shouldering the costs payable to Albidon s lenders

ALBIDON LIMITED EXPECTS ITS REACTIVATED MUNALI NICKEL …

ALBIDON LIMITED EXPECTS ITS REACTIVATED MUNALI NICKEL …

African explorer Albidon has suffered a further subsidence at the Enterprise deposit in its troubled Munali nickel mine in Zambia just days after releasing a report expressing significant doubt about the project The new sinkhole has started to form at the extreme southern part of the deposit about 200m from the south ventilation shaft and between the two sinkholes caused by subsidence into

Jinchuan Group looks to take full ownership of Zambia s

Jinchuan Group looks to take full ownership of Zambia s

Dec 03 2006· Albidon s agreement with Jinchuan establishes a relationship with the largest nickel group in the rapidly expanding Chinese market Munali Nickel Project The Munali Project 100 Albidon is located approximately 60 kilometres south of Zambia s capital city Lusaka

Zambia s Munali Nickel Mine Rises Again Investing News

Zambia s Munali Nickel Mine Rises Again Investing News

Jinchuan Group has offered to buy the remaining stake in Australian-listed Albidon owner of the Munali nickel mine in Zambia and prospective nickel and copper deposits in Tanzania

Jinchuan eyes embattled Albidon - Mining Weekly

Jinchuan eyes embattled Albidon - Mining Weekly

Base metals miner Albidon was considering a takeover offer from shareholder Jinchuan Group Resources Holdings to acquire all the outstanding shares in …

Munali Nickel Mine buy off staggers over US$12 million

Munali Nickel Mine buy off staggers over US$12 million

NICKEL miner Albidon has appointed administrators to keep operating while finalising a deal with China s Jinchuan Group Albidon which owns the Munali nickel mine in Zambia that has been

Jinchuan talks continue as Albidon appoints administrators

Jinchuan talks continue as Albidon appoints administrators

Jinchuan owns 49 9 percent of Albidon with an option to acquire up to 74 percent Production from the Albidon mine was halted in mid-2008 after a dramatic fall in prices leaving operating costs