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Japanese giants ink commitment to Ardea nickel project Bulls N' Bears 02 Sep 2024

Japanese giants ink commitment to Ardea nickel project

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Ardea Resources has hit a major milestone in the development of its Goongarrie Hub nickel-cobalt project in Western Australia after executing a binding agreement with a giant Japanese consortium. It now locks away a 50:50 joint venture with Sumitomo Metal Mining and Mitsubishi Corporation in a deal where the consortium has committed to funding a $98.5 million definitive feasibility study to earn into the project.

“Big Dogs” lift junior mining partners to greater heights Bulls N' Bears 08 Aug 2024

“Big Dogs” lift junior mining partners to greater heights

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In tough recent times for many junior mining companies on the ASX, luring a financially-powerful “big dog” onto the share register to provide some much-needed muscle has become a common boardroom pursuit. Bulls N' Bears takes look at some of those companies which have received both a timely cash injection and a share price boost up to recent highs.

Ardea kicks off DFS on giant WA nickel project Bulls N' Bears 08 Jul 2024

Ardea kicks off DFS on giant WA nickel project

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Ardea Resources has launched a $98.5 million definitive feasibility study, fully funded by a powerhouse Japanese consortium, for its giant Goongarrie Hub nickel project that sits 70km north-west of Kalgoorlie in WA's Eastern Goldfields region. The Goongarrie Hub is an integral part of the company's Kalgoorlie nickel project that embraces a collection of deposits combining to host what it says is the biggest nickel-cobalt resource in the developed world.

Ardea nickel testwork brings bank balance boost Bulls N' Bears 13 Jun 2024

Ardea nickel testwork brings bank balance boost

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Ardea Resources' high-tech mineral processing technique has boosted the nickel-cobalt inventory at its Goongarrie Hub project near Kalgoorlie in Western Australia and earned it a healthy Federal Government grant of $1.1 million. It comes less than two months after a giant Japanese consortium committed to backing the development of the project described by the Federal Government as “globally significant”.

Ardea locks in Japanese giants for Kalgoorlie nickel project Bulls N' Bears 29 Apr 2024

Ardea locks in Japanese giants for Kalgoorlie nickel project

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A giant Japanese consortium has committed to backing the development of Ardea Resources' Goongarrie Hub project in Western Australia's Goldfields region – a major milestone for the nickel-cobalt operation billed by the Federal Government as “globally significant”. Sumitomo Metal Mining and Mitsubishi Corporation have agreed to join Ardea to form an incorporated joint venture to be known as Kalgoorlie Nickel.

Giant PFS underpins Ardea share price hike Bulls N' Bears 08 Jan 2024

Giant PFS underpins Ardea share price hike

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What made share prices rise in 2023? Bulls N' Bears will take a look in the next few days, starting with Ardea Resources. Its stock jumped 162 per cent in a busy four days during the middle of last year on the back of a mineral resource upgrade and a mammoth prefeasibility study for its Goongarrie Hub nickel-cobalt deposits in Western Australia's Goldfields region.

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