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23 May 2008 by Metal-Pages
European Nickel takes stake in Philipine Ni projects

LONDON (Metal-Pages) 23-May-08. European Nickel has paid $48 million for strategic interests for  in four Philippine laterite nickel projects, expected to be suitable for its heap leaching process. The company  bought a 19.3% interest in Toledo Mining Corporation PLC  from Investika Limited, Chris Kyriakou (Chairman of Investika and Toledo Mining) and Murray Morgan Investments Ltd. It also acquired from Investika, an 18.7% direct interest in the Berong Nickel Corporation (BNC) in the Philippines for a ...

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