Zeb Nickel gains integrated environmental authorisation for SA mine [Yahoo! Finance]
Adams Natural Resources Fund, Inc. (PEO)
US:NYSE Investor Relations:
adamsfunds.com/funds/natural-resources/at-a-glance
Company Research
Source: Yahoo! Finance
The approval from the South African Department of Minerals and Petroleum Resources (DMPR) is pivotal for the company's progress towards obtaining a mining right. Zeb Nickel plans to extract minerals at the project for 30 years from the issuance date. The latest authorisation allows the company to proceed with the listed activities in the approved environmental impact assessment (EIA). Zeb Nickel aims to enhance the nickel grade and project economics through further drilling, particularly in Zone 1 and Zone 2, where higher nickel grades and additional copper and platinum-group mineralisation have been identified. Zeb Nickel chief executive officer and director Anthony James Nieuwenhuys stated: “Zeb Nickel has engaged in extensive consultations with local communities, stakeholders and environmental experts throughout the application process. “Zeb Nickel acknowledges the support and co-operation of the Department of Minerals and Petroleum Resources (DMPR), local communities an
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