ENK Looks For Strategic Partner For Nickel Project

Mining Weekly reported ENK (LSE:ENK,ASX:ENK) is seeking a strategic partner to fund the development of its proposed Acoje project in the Philippines.

As quoted in the market news:

The ASX- and Aim-listed company was currently working to complete a definitive feasibility study for the Acoje project, with detailed testwork and design programmes on the leaching and solid liquid separation now being reviewed for final costing and write-up.

The miner would run a parallel costing exercise with Chinese engineering firms, which it said would more likely and realistically estimate costs for construction in the Philippines.

Click here to read the full Mining Weekly report.