Mincor Resources NL has entered into a binding agreement with Independence Group NL to acquire the Long Nickel Operation, located in the Kambalda District in Western Australia, in a transacton valued at $A 9.5 million.
Located near Mincor’s Durkin and Ken/McMahon deposits, Long is an underground nickel sulphide mine with a production history dating back to 1979. Following 16 years of consistent production (approximately 10,000 mt/y of nickel), it was placed into care and maintenance by Independence in June 2018. Long has been well-maintained since then, with all key mining infrastructure and assets in place and the underground mine remaining de-watered and ventilated.
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