Agua Blanca
A nickel-copper mining project with a pre-feasibility study for the restart of operations.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor | €0.0 | round | |
* | €3.0m | Seed | |
| Total Funding | 000k | ||
Agua Blanca is a nickel-copper mining project located in Spain. Denarius Metals has acquired a 50% equity interest in the project and has released a Pre-Feasibility Study. The project is focused on the extraction and processing of nickel and copper, with an estimated initial capital expenditure for the restart of the mine at $35.6 million.
The mine was previously operated by Río Narcea Recursos (RNR) and was acquired by Denarius Metals in November 2023. The project's Mineral Resource Estimate and Technical Report are available, outlining the potential for the mine's production and profitability.
Keywords: nickel mining, copper mining, mineral exploration, project finance, mining engineering, resource estimation, feasibility study, joint venture, asset acquisition, metals and mining