TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Pacific Nickel Mines Limited ( (AU:PNM) ) has shared an announcement.
Pacific Nickel Mines Limited has announced the sale of its 100% interest in the Kolosori Nickel Project to Green Rock Limited. This transaction, which includes a release from financial obligations to Glencore International AG and a royalty agreement based on ore shipments, is expected to be completed by January 2026. The sale is subject to shareholder and regulatory approvals, and it positions the company to explore new opportunities in the mining industry.
More about Pacific Nickel Mines Limited
Pacific Nickel Mines Limited is a company operating in the mining industry, focusing on nickel exploration and development projects. It is primarily involved in the Kolosori Nickel Project in the Solomon Islands and is actively seeking new business opportunities in the mining and exploration sector.
Technical Sentiment Signal: Sell
Current Market Cap: A$10.04M
For a thorough assessment of PNM stock, go to TipRanks’ Stock Analysis page.