Monday, August 23, 2010

$122 Million budget for new nickel mine

By Joel Scanlon

Goldbrook Venture Inc has announced that the company is ready to exploit the known resources of the Nunavik Nickel Project in Ungava in northern Quebec.

This statement came after the Directors of Jien Canada Mining Ltd approved a project development budget of $122 million for 2010. The mine is jointly owned by Goldbrook Venture and Jien Canada.

They have also approved a construction program which includes commissioned start up of a mill and other infrastructure for the first quarter of 2012.

The Nunavik project is in Raglan District of Northern Quebec where Swiss mining giant Xstrata also operates one of the world's most profitable nickel copper mines.


With the second project beginning in Nunavik should see hundreds of new jobs generated within the next 16 to 18 months. The shell of the mine is expected to be in place by the end of September. The property was formerly owned by Canadian Royalties and has seen no activity in the last two years.

1 comment:

  1. Mark in Aerdeen ScotlandNovember 26, 2013 at 10:40 AM

    What is the techique for open cast mines like this? Is the intention to carv out the mine form the roadway in or will this mine go deeper at the bottom first? Also there seem to be two roads into it. Quite an interesting structure. I wounder what it will be used for when exhausted? We have a similar deep granite quarry in Rubislaw Aberdeen that we thought was big (but nothing compared to this) and now nobody knows what to do with it. Any suggestions?

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