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Nordic Mining ASA

  • Location: Norway
  • Tickers: LON:0GYZ
  • Other Commodities: Garnet
  • Project Stages: Development

Nordic Mining acquired the rights to the Engebø deposit in 2006. The zoning plan and environmental permits were granted in April 2015 and the Updated Definitive Feasibility Study (UDFS)  of the Engebø Project (the “Project”) was published in May 2021.

Nordic Mining ASA (“Nordic Mining”) has completed the Updated Definitive Feasibility study (“UDFS”) for the Engebø Rutile and Garnet project (“the Project”). The UDFS is an update of the DFS which was completed in January 2020. As a consequence of the COVID-19 pandemic and uncertainties related to the markets for rutile and garnet, and the opportunities for securing project financing, Nordic Mining decided in spring 2020 to undertake a Value Engineering review to make the Project more resilient.

The updated study documents Engebø as a sustainable and economically robust mineral project with reduced financing risk, improved financial resilience, and attractive financials returns.

  • lse: 0gyz

    • -0.7 (-3.11%)

* Based on previous 24 hours performance

  • lse: 0gyz

    • -0.7 (-3.11%)

* Based on previous 7 days performance

  • lse: 0gyz

    • 6.18 (39.56%)

* Based on previous 12 weeks performance

  • lse: 0gyz

    • 9.58 (78.4%)

* Based on previous 12 months performance

Open 21.80000 Volume 565
High 21.80000 52w High 23.43500
Low 21.80000 52w Low 10.42000
Close 21.80000

* 11 June 2024 (NOK)

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