Stocktube video
09/05/2014

Regency Mines boss explains benefits of Ram Resources deal

View full size
Additional Information
Market: AIM
Sector: General Mining
EPIC: RGM
Latest Price: 0.44p  (4.76% Ascending)
52-week High: 0.75p
52-week Low: 0.23p
Market Cap: 6.49M
1 year chart More charts
Deal RGM Tax Free*
*subject to change and depends on individual circumstances.
1 day chart More charts
Advertisement
Watchlist/Portfolio

Add to watchlist:

Only registered members can add into watchlist !

Register here !
Regency Mines
www.regency-mines.com
Deal Regency Mines Tax Free* Losses can exceed
your initial deposit
*subject to change and depends on individual circumstances.

Regency Mines Plc is listed on the Alternative Investment Market (AIM: RGM) of the London Stock Exchange Ltd in London and on the Frankfurt Exchange (Frankfurt: RM4). It is also traded on the PLUS Markets platform. Regency’s flagship project is the Mambare nickel resource in Papua New Guinea. Exploration takes place across a variety...

Read more
Pdf

Regency Mines: Direct Nickel making good testing progress

October 03 2013, 4:05pm DNi is Regency’s joint venture partner at the Mambare nickel-cobalt laterite project in Papua New Guinea, which has a licence for the DNi process

Regency Mines (LON:RGM) has revealed that Direct Nickel Limited (DNi), in which it has a 7.5% stake, is making headway with testing of the nickel laterite treatment process at its Perth test plant. 

In a shareholder update on September 30, DNi said testing of the nickel laterite treatment process had completed 16 of the 19 planned campaigns, with another two expected to be combined into a 24 day continuous run.

DNi is Regency’s joint venture partner at the Mambare nickel-cobalt laterite project in Papua New Guinea, which has a licence for the DNi process.

DNi boss Russell Debney told investors: “We are very pleased with the results so far. We can confidently predict that we shall have achieved the objective of proving the Process to the point where it is ready for commercial use.”

Debney added that the DNi process is “now within a couple of months of delivering comprehensive validation through the Test Plant program in Perth”.

Regency chairman Andrew Bell said the results so far suggest that 95% or more of the leach acid is being recovered for reuse. 

“The testwork at this pilot plant is at the upper end of our expectations in terms of achievement so far and we believe, therefore, that the effect on process economics of nickel laterite deposits could be profound,” Bell said.

“Extraction levels on mixed saprolite and limonite material have been encouraging and, as DNi begins work with Antam on site selection for the first commercial DNi plant, they move into a new phase with new horizons. We look forward to the announcement of conclusion of the test process.”

 

No investment advice

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person. You further understand that none of the information providers or their affiliates will advise you personally concerning the nature, potential, advisability, value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter.

You understand that the Site may contain opinions from time to time with regard to securities mentioned in other products, including company related products, and that those opinions may be different from those obtained by using another product related to the Company. You understand and agree that contributors may write about securities in which they or their firms have a position, and that they may trade such securities for their own account. In cases where the position is held at the time of publication and such position is known to the Company, appropriate disclosure is made. However, you understand and agree that at the time of any transaction that you make, one or more contributors may have a position in the securities written about. You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate.

From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.