Kibo, Votorantim Finalize JV Agreement for Haneti Nickel Project Exploration

Mining Weekly reported that Kibo Mining and Brazil’s Votorantim Metaís Participações  are finalizing the JV agreement to start the exploration program at the Haneti nickel project.

As quoted in the market news:

The agreement would see the parties jointly conducting exploration work for nickel and other base- and precious metals.

The announcement on Wednesday followed the approval of the first drawdown against the £2.7-million funding package provided by Votorantim.

Click here to read the full Mining Weekly report.