Prony Resources gears up for nickel production restart at Goro mine [Yahoo! Finance]
D/B/A Sibanye-Stillwater Limited ADS (SBSW)
Company Research
Source: Yahoo! Finance
south of New Caledonia, after a six-month suspension caused by local riots in the French territory, reported Bloomberg The return of the workforce marks a significant step for Prony Resources, one of the three major nickel producers in New Caledonia. Goro mine is designed to produce 57,000tpa of nickel and 5,000tpa of cobalt. Laterite nickel is extracted from an open-pit site, which is processed in a feed preparation plant and treated in a high-pressure acid leach facility. The industry faced near-collapse last year due to plummeting nickel prices, exacerbated by increased production in Indonesia. In August 2023, a government report warned that the sector requires refinancing and restructuring to support EU critical raw materials independence. The report analysed the long-term negative performance of three of France's most significant metals corporations operating in New Caledonia, including Prony Resources. Compounding the economic challenges, New Caledonia experienced civi
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News
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- C5 Capital Signs MOU with Sibanye-Stillwater to Advance Nuclear Energy in South Africa, the United States and Globally [Yahoo! Finance]Yahoo! Finance
- C5 Capital Signs MOU with Sibanye-Stillwater to Advance Nuclear Energy in South Africa, the United States and GloballyPR Newswire
- Is Sibanye Stillwater Limited (SBSW) the Best Nickel Stock to Invest in? [Yahoo! Finance]Yahoo! Finance
- CopperCorp Intersects Broad Zones of Visible Copper Mineralization in Drilling at Jukes [Yahoo! Finance]Yahoo! Finance
SBSW
Sec Filings
- 11/13/24 - Form SC
- 11/12/24 - Form 6-K
- 11/8/24 - Form 6-K
- SBSW's page on the SEC website