ENK achieves first nickel product at Philippines pilot plant
Nickel miner ENK (LON:ENK, ASX:ENK) announced today that first nickel production at its Philippines pilot plant has begun. Approximately 50 kilograms of nickel hydroxide product (NHP) was released...
View ArticleENK’s first nickel product at Philippines pilot plant is “a great development”
The news today that nickel miner ENK (LON:ENK, ASX:ENK) has achieved first nickel production at its Philippines pilot plant was hailed by the firm’s house broker, Evolution Securities, as “a great...
View ArticleENK 'comfortably funded' after Caldag sale; Acoje BFS remains on track
ENK (LON:ENK) is “comfortably” funded to complete a key feasibility study at its flagship Acoje nickel laterite project following the sale of its Caldag nickel project in Turkey.In today’s quarterly...
View ArticleUPDATE: ENK 'comfortably funded' after Caldag sale; Acoje BFS remains on track
--- Adds broker comments-----ENK (LON:ENK) is “comfortably” funded to complete a key feasibility study at its flagship Acoje nickel laterite project following the sale of its Caldag nickel project in...
View ArticleENK progress at Acoje nickel project strengthens investment case – Evolution...
ENK (LON:ENK, ASX:ENK) has been reiterated a ’Buy‘ at house broker Evolution Securities, which sticks with its price target of 50 pence for the nickel miner.In a note headlined ‘What a difference a...
View ArticleENK should be in good negotiating position for Acoje financing, says Evo
ENK (LON:ENK, ASX:ENK) should be in a good position when it comes to negotiating project finance options for the Acoje nickel project, according to Evolution Securities analyst Louise Collinge. The...
View ArticleENK kicks off drill programme at ZCMC nickel project in Philippines
ENK (LON:ENK, ASX:ENK) this morning announced the start of a comprehensive drill programme on the Zambales Chromite Mining Corporation (ZCMC) tenement in the Philippines. The ZCMC is located near the...
View ArticleENK receives remaining US$34 mln from Caldag sale
ENK (LON:ENK, ASX:ENK) told investors that it has received the outstanding US$34 million from the sale of the Caldag project. The Acoje nickel project’s bankable feasibility study is now fully funded,...
View ArticleENK plumps for tank leaching at Acoje
ENK (LON:ENK) today said that test work on its Acoje mining inventory had shown superior recoveries and economics from tank leaching as opposed to heap leaching. The company added it will now only...
View ArticleENK has a strong cash position, says chairman Peter Rowe
ENK (LON:ENK, ASX:ENK) has a strong cash position and it is able to fully-fund the bankable feasibility study for its flagship Acoje project in the Philippines, says chairman Peter Rowe. In the group’s...
View ArticleGoldman Sachs takes 6 per cent stake in ENK
Giant US investment bank Goldman Sachs today revealed it has bought a 6 per cent stake in ENK (LON:ENK, ASX:ENK)), the Philippines-focused nickel group. The bank bought more than 16 million shares...
View ArticleENK to use cash buffer to accelerate Acoje construction
Philippines–focused Nickel miner ENK (LON:ENK, ASX:ENK) said the money it raised from the sale of its Caldag mine in Turkey will be crucial to develop its flagship Acoje mine. ENK sold Caldag in...
View ArticleENK says non-exec McManus retiring from the board today
John McManus, non- executive director of nickel miner ENK (LON:ENK, ASX:ENK), is retiring from the board today.The firm said Canadian-based mining engineer McManus was leaving because of other business...
View ArticleENK 's nickel resources at Acoje jump by a third
Contained nickel at ENK Minerals’ (LON:ENK) Acoje project in the Philippines has increased by 36 per cent following the latest in-fill drill programme. Total contained nickel at Acoje is now...
View ArticleENK 's nickel resources at Acoje jump by a third - Update
- adds broker comment Broker Investec has raised its target price for Philippines-focused nickel group ENK Minerals (LON:ENK) by 10 per cent after the latest resource upgrade at its Acoje project....
View ArticleENK appoints industry veteran as COO
Philippines-focused nickel miner ENK (LON:ENK, ASX:ENK) has appointed industry veteran Dean Stuart as its new chief operating officer. Stuart has more than 25 years' experience in mining with...
View ArticleENK appoints Guy Walker as non-exec director
ENK (LON:ENK) has appointed Guy Redvers Walker to the board as a non-executive director. Walker was nominated to the board by ENK’s major shareholders Montoya Investments and D&A Income, which...
View ArticleENK says feasibility study at Acoje progressing well, brokers say shares are...
Nickel explorer ENK (LON:ENK) is to build its Acoje project in the Philippines over two stages to focus on the higher grade ore first. ENK is working towards a bankable feasibility study (BFS) for...
View ArticleENK to sell stakes in Toledo and Berong Nickel for £4.5 million
Philippines-focused Nickel group ENK (LON:ENK, ASX:ENK) has raised almost A$7.25 million through the sale of its stakes in AIM-listed Toledo Mining and Berol Nickel. ENK has sold its five per cent...
View ArticleENK says Philippine firm to buy 60 pct interest in MRC; shares up
Nickel laterite firm ENK (LON:ENK, ASX:ENK) announced that its local partner and 60 pct owner of the Zambales project - Montemina Resources Corporation (MRC) - has struck an agreement with Golden...
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