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Chalice Mining Locks In Robust Economics for Gonneville as Low-Cost PGM-Nickel Project Advances

Story Highlights
  • Chalice Mining ends 2025 well-funded and debt-free, supporting development plans through to a 2028 investment decision.
  • Completion of Gonneville PFS confirms a long-life, low-cost PGM-nickel open pit with strong economics and significant growth upside.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Chalice Mining Locks In Robust Economics for Gonneville as Low-Cost PGM-Nickel Project Advances

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The latest update is out from Chalice Mining ( (AU:CHN) ).

Chalice Mining reported a cash and listed investments position of about A$71.3 million with no debt at the end of December 2025 and a modest monthly expenditure rate, indicating it is funded through to a planned Final Investment Decision on its Gonneville Project in the first half of 2028. During the quarter, the company completed a pre-feasibility study and defined a maiden ore reserve for the 23-year open-pit phase at Gonneville, outlining robust economics, a diversified revenue stream and a globally competitive low-cost profile that would make it Australia’s first primary PGM mine and the country’s second-largest nickel mine, while higher prevailing metal prices and a substantial remaining resource below the pit shell underscore significant upside for future cash flows and financing options.

The most recent analyst rating on (AU:CHN) stock is a Hold with a A$2.50 price target. To see the full list of analyst forecasts on Chalice Mining stock, see the AU:CHN Stock Forecast page.

More about Chalice Mining

Chalice Mining is an Australian mineral exploration and development company focused on critical metals including palladium, nickel, copper, platinum, cobalt and gold. Its flagship asset is the 100%-owned Gonneville Project in Western Australia, which it aims to develop into a large-scale, long-life mine supplying platinum group metals and base metals to global markets, supported by strong proximity to infrastructure and government recognition as a strategic project.

Average Trading Volume: 2,518,941

Technical Sentiment Signal: Hold

Current Market Cap: A$954.3M

Find detailed analytics on CHN stock on TipRanks’ Stock Analysis page.

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