Axiom Mining Wins Battle over Solomon Islands Nickel Mine

Reuters reported that Axiom Mining (ASX:AVQ) has claimed victory in a three year court battle that could see it develop a substantial nickel discovery in the Solomon Islands.

As quoted in the publication:

Axiom says the ruling in the Solomon Islands High Court could lead to the nickel deposit, spanning the islands of San Jorge and Santa Isabel, finally being developed within two years, just as nickel prices soar due to an ore export ban by major supplier Indonesia in January.

“We can now re-commence our exploration of the tenement with our partners,” said Axiom’s Australian managing director Ryan Mount, who moved to the Solomon Islands to be close to the project.

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