Dumont Nickel-Cobalt project is a fully permitted, construction-ready mine, which contains one of the world’s largest undeveloped reserves of nickel and cobalt. The project is operated by RNC Minerals in a JV with Waterton Global Resource Management.  

RNC released an updated Feasibility Study in July 2019 highlighting the project’s large scale, low cost and long-life, notably:

The resource contains the 2nd largest nickel reserve in the world at 2.8 million tonnes (6.1 billion lbs) contained nickel and 9th largest cobalt reserve with 110 thousand tonnes (243 million lbs) contained cobalt. 

Interest: 2.0% NSR Royalty, 1% can be repurchased for C$1 million

Location: Abitibi, Quebec

Project Status: Development

Counterparty: Waterton Global Resource Investments

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