Guatemala: Nickel Deposit Found
Anfield Nickel Corp. discovered a nickel deposit in Tres Juanes Sur, in Izabal.
Thursday, November 11, 2010
The Tres Juanes field is owned by Guatemalan Mayaníquel, SA, a subsidiary of Anfield Nickel Corp.
A new study on the Mining Nickel Project “Mayaniquel”, owned by Anfield Nickel Corp., duplicates the estimated capacity of the mine.
The Constitutional Court cited damages to the environment and illegality in the process of granting the concession of the Sechol mine in Alta Verapaz, owned by Mayaniquel SA.
An economic feasibility study by Anfield Nickerson Corp has estimated average annual production 19,900 tons of ferronickel and a net present value of $606 million.
Russian firm Solway Investment Corporation plans to invest about $1.5 billion in the FeNix ferronickel mining project.
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