Ramu NiCo ops, formerly at peak, seem OK after earthquake

The Ramu NiCo mine, which produced at record levels in the first quarter of the year, appears to be operating normally despite a 7.0 earthquake that hit Papua New Guinea on Friday July 17.

Neither the mine’s operator, Metallurgical Corp of China ("MCC"), in Beijing, nor Ramu NiCo’s minor stakeholder, Conic Metals Corp, in Toronto, responded to Fastmarkets’ multiple requests for updates on the nickel and cobalt mine. Regional media reported no apparent destruction from the earthquake - which coincidentally occurred 22 years to...

Published

Orla O'Sullivan

July 23, 2020

04:20 GMT

New York