· West Perth-based mineral explorer Albidon Ltd has signed an offtake agreement for its Munali Nickel Project in Zambia with Chinese giant Jinchuan Group Ltd worth over US$25 million.

 · Lusaka, Mar 28. Africa-focused explorer Albidon has given up its long struggle against debt and the geological difficulties of its Munali nickel mine in Zambia, accepting a takeover offer from major shareholder Jinchuan Group. Jinchuan's continuing support of Albidon has built up to a total debt of $146M. The offer will be made through Jinchuan …

Oct 10, 2018Albidon, the mine's former owner placed Munali under care and maintenance in 2011. This, according to media reports, is following serious cash flow difficulties. This …

Albidon Ltd Commodity Nickel, copper, cobalt, platinum group metals Contract Duration 2007 - 2012 Scope Mechanised Lateral Development and Production Activities, Fleet Maintenance and Workforce Training The Munali project sits about 60km south of Lusaka in southern Zambia.

 · Australia's Albidon Ltd. has cut its 2011 nickel concentrate output forecast by 21 percent at Zambia's Munali mine due to lower-than-projected ore production and quality, it said on Friday.

 · Jinchuan yak, a newly discovered yak breed, not only possesses a large proportion of multi-ribs but also exhibits many good characteristics, such as high meat production, milk yield, and reproductive performance. However, there is limited information about its overall genetic structure, relationship with yaks in other areas, and possible ...

 · Shareholders of Albidon Limited, co-owners of Zambia's sole producer nickel, have allowed a 100 percent 'buy off' of the company to Jin Tuo Investments limited. The agreement signed on 15 May last year, …

Aug. 1 -- Australia's Albidon Ltd. has cut its 2011 nickel concentrate output forecast by 21 percent at Zambia's Munali mine due to lower-than-projected ore production and quality, it said on Friday. Nickel concentrate production for the full year to December 2011 is estimated at 44,000 tonnes, down from a May forecast of 55,279 tonnes, Albidon ...

 · Australia-listed Albidon, 50 percent owned by China's Jinchuan Group, has temporarily suspended operations at it Zambia's Munali nickel mine citing cash flow problems due to low metal prices.

 · "Jinchuan has told us it would like to see Albidon grow into a mid-capped producer," Round said in an interview. Jinchuan owns 49.9 percent of Albidon, with an option to acquire up to 74 percent. Production …

Jinchuan owns 49.9 percent of Albidon, with an option to acquire up to 74 percent. Production from the Albidon mine was halted in mid-2008 after a dramatic fall in prices, leaving operating costs ...

 · Albidon Zambia should pay-off the tax arrears before Government approves the change of hands of the Mazabuka – based mine to CMI of the United Kingdom. ... 2014. However Yaluma states that it …

 · * Ore output to rise to 1.2 mln tonnes by 2012 * Jinchuan invests $37 mln. Australia's Albidon Ltd ALB.AX ALDq.L, which halted operations last year at the southern …

8/16/2012: Resignation of Acting Managing Director: 7/18/2011: Appointment of Acting MD and Corporate Advisors to ALB: 8/20/2007: Appointment of CEO of Albidon Zambia: Project news of Albidon Limited: 7/14/2011: Subsidence of Mine Surface at Enterprise Deposit, Munali: 6/7/2011: Mine Life: 4/14/2011: Positive Update to Life of Mine Study:

 · In September 2012, the Zambian Government, being the majority shareholder gave approval for the conversion of all or part of the K2 billion debt owed by ZCCM-IH into equity, through a rights issue. ... The …

The useful minerals of Jinchuan high-grade copper and nickel suphfide ores were mainly nickel and copper, whose grade were respectively 1.42% and 1.01%. The content of MgO and SiO2, main gangue components, reached 57.89%. The key to improve the separation indexes of flotation concentrate was to inhibit the gangue minerals effectively, therefore, …

SYDNEY - Australia's Albidon Ltd expects that its reactivated Munali nickel mine in Zambia will produce 56,000 tons of nickel concentrate this year, which will be sold at prevailing spot prices to Chinese metals refiner Jinchuan Group.

The Munali Nickel Project ( Albidon) is located approximately 60 kilometres south of Zambia's capital city Lusaka (see Diagram 1 below). The Munali Project area comprises …

The summons and affidavit were filed on 13 th January 2012 along with skeleton arguments and list of authorities. In the summons, the prayer by the Defendant is that the documents at page 20 to 25 and 28 to 29 of the Plaintiff's bundle of documents be expunged from the regard on the ground that they prejudice the Defendant in the defence of ...

Zambia's Premier Nickel Mine. Munali is now operational and exporting high grade +12.5% Ni concentrate. Offtake agreements are in place and production ramp-up hit targets, producing 2,760t Ni metal in 2020 and …

 · An offtake agreement was recently signed with the Jinchuan Group and final documentation on a funding package of $20-million in subordinated debt and a $5-million equity investment by Jinchuan was ...

 · Australia's Albidon has locked in high nickel prices for the first years of its flagship project. Albidon is seeking to expand regional exploration, with exploration projects in four other African countries. Construction is underway on the company's Munali underground nickel mine, which is due to produce its first concentrate in the middle of 2008, Dale …

 · Australia's Albidon Ltd. has cut its 2011 nickel concentrate output forecast by 21 percent at Zambia's Munali mine due to lower-than-projected ore production and quality, …

 · Australian-listed miner Albidon Ltd <ALB.AX> said on Thursday it had raised $15 million via a share placement to China's Jinchuan Group to help development of a …

 · African nickel-miner Albidon has secured $16-million funding for the development of its Munali project, in Zambia. The Perth-based miner said in a statement on Wednesday that the additional ...

 · China's largest nickel producer Jinchuan Group is to acquire a majority stake in Zambia's Munali nickel mine, which is due to restart production after being shutdown …

The mine is 50 percent owned by China's Jinchuan Group. Albidon, which halted operations in mid-2008 at the southern African country's only nickel mine following a fall in metals …

SYDNEY - Australia's Albidon Ltd expects that its reactivated Munali nickel mine in Zambia will produce 56,000 tons of nickel concentrate this year, which will be sold at prevailing …

 · CNM has partnered with Jinchuan to restart mining operations at the Munali nickel mine, located 75 km south of Lusaka in Zambia. A lease and royalty agreement has been signed giving CNM full operational control of the Munali mine and the adjacent exploration area for a 10 year period with the option to extend by another 10 years at …

 · Jinchuan's shareholding will be reduced once Albidon reaches a deal with an investment partner, company officials say. Munali has annual production capacity of at least 60,000 tonnes of nickel ...

 · * Ore output to rise to 1.2 mln tonnes by 2012 * Jinchuan invests $37 mln. Australia's Albidon Ltd ALB.AX ALDq.L, which halted operations last year at the southern African country's only nickel ...

Albidon in talks with Jinchuan October 8, 2012 By NKOLE CHITALA ... In the past year Albidon has largely completed the transformation from junior explorer to nickel mining company. The company is now part of the ranks of an exclusive group, an independent producer of high quality nickel concentrates from a new Greenfields mining project. ...