June 29 (Reuters) - Pacific Nickel Mines Ltd (PNM) :
- UNIT ENTERED INTO A PROJECT SERVICES AGREEMENT WITH HBS PNG PTY
- HBS PNG WILL CARRY OUT MINING, EARTHWORKS, STOCKPILING AND LOADING OF BARGES FOR KOLOSORI NICKEL PROJECT IN DEAL
- AGREEMENT REQUIRES CO TO RECEIVE FUNDS FROM DRAWDOWN OF SECOND TRANCHE OF FUNDING OF UP TO US$19M
- FIRST MINING IS EXPECTED TO COMMENCE IN OCTOBER 2023.
- CURRENTLY ANTICIPATED THAT FIRST HBS VEHICLES AND ASSOCIATED EQUIPMENT WILL ARRIVE ON SITE IN LATE JULY 2023
News: PNM Pacific Nickel Mines Says Unit Entered Project Services Agreement With HBS PNG Pty
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