Magna Mining is a nickel exploration and development company focused on the historic nickel producing region of Sudbury, Ontario. The flagship assets are the past producing Shakespeare and Crean Hill Mines, located on the south west side of the Sudbury Basin. The Shakespeare project retains major permits to re-commence production and for the construction of a 4,500 t/d mine, mill and tailings storage facility. The Crean Hill Mine was historically operated by INCO and produced nickel and copper for over 80 years. The company has three growth objectives; 1) To develop and build the Shakespeare mine and mill, 2) To continue to grow the NI-Cu-PGM resources at both Shakespeare and Crean Hill, and 3) To make significant new nickel discoveries at both projects. In the longer term, the development of Shakespeare (which would be only the third processing plant in the Sudbury basin) is expected to facilitate the creation of a hub and spoke production model, and help Magna to achieve their objective of becoming the next new nickel producing company in Canada.
External link for Magna Mining Inc.
1300 Kelly Lake Rd
Greater Sudbury, Ontario P3E 5P4, CA
Magna Mining Inc. reposted this
Excited to see what Magna Mining Inc. will achieve with these new (to them) properties!
Magna Mining makes a bold $33-million move in Sudbury #mining #copper #sudburyontario #northernontario Magna Mining Inc. https://lnkd.in/gGtxHqaX
Magna Mining Inc. reposted this
President & CEO at Orix Geoscience - Creates Proven Exploration Strategies to Advance Projects, via Long-Term Industry Partnerships
Congratulations to the Magna Mining Inc. team!
Today, Magna Mining is pleased to announce a transformational acquisition. Magna Mining has signed an agreement to acquire a producing mine and a portfolio of exploration and development properties in the Sudbury basin from KGHM International. Many of our senior executives and directors have operated and explored these assets while working at FNX Mining, so we believe that our company has the ability to help these mines realize their full potential. As well as immediately elevating Magna to the status of a producing company, these strategic acquisitions will significantly increase our resource base, exploration opportunities, and operational capacity within the Sudbury region. We are proud to be growing our business in Sudbury and becoming a significant contributor to the local economy. TSXV: NICU #Sudbury #Mining #CriticalMinerals #Nickel #Copper #Opportunities #Safety #Exploration https://lnkd.in/evzA2YBJ
Magna Mining Inc. reposted this
'TUNNEL' VISION | Magna Mining Inc. (TSXV: NICU) is pleased to announce the release of an updated Preliminary Economic Assessment (PEA) for its Crean Hill Project in Sudbury - one which envisions a high-margin, underground-only mining operation. Digging into the economic viability of the Project, this PEA confirms that the Crean Hill mine is well-positioned to be brought back into production with modest upfront capital costs and quick ramp-up and payback periods. Learn more on how Magna is maintaining its focus on becoming Canada's next significant nickel and copper producer below, or visit them at www.magnamining.com. https://lnkd.in/esR8auHb #juniormining; #nickel; #copper; #mininginvestment; #exploration; #Sudbury
Today, Magna Mining Inc. is pleased to release the updated PEA for our Crean Hill mine. Following the recent weakness in nickel prices over the last 18 months, this PEA was designed to more accurately reflect the mining operation at Crean Hill that we intend to execute under a conservative long term nickel price assumption. This PEA has confirmed that the Crean Hill mine is a project than can be put back into production for a modest upfront capital cost, while at the same time having quick ramp up and payback periods. As we expected, Crean Hill appears to be a project that demonstrates strong projected economics even in the current low nickel price environment. TSXV: NICU #Sudbury #Nickel #Copper #PreciousMetals #Mining #Safety #Exploration https://lnkd.in/esR8auHb
Magna Mining Inc. is growing and we are currently recruiting for multiple positions. If you don't see the right fit, submit your resume to our General Interest posting. Become a part of Team Magna Mining Inc. ! TSXV: NICU https://lnkd.in/ekexUwMd #Sudbury #Mining #Opportunities #Nickel #Copper #PreciousMetals #Geology #Finance #IT #Engineering #HealthandSafety
Today, Magna Mining is pleased to announce a transformational acquisition. Magna Mining has signed an agreement to acquire a producing mine and a portfolio of exploration and development properties in the Sudbury basin from KGHM International. Many of our senior executives and directors have operated and explored these assets while working at FNX Mining, so we believe that our company has the ability to help these mines realize their full potential. As well as immediately elevating Magna to the status of a producing company, these strategic acquisitions will significantly increase our resource base, exploration opportunities, and operational capacity within the Sudbury region. We are proud to be growing our business in Sudbury and becoming a significant contributor to the local economy. TSXV: NICU #Sudbury #Mining #CriticalMinerals #Nickel #Copper #Opportunities #Safety #Exploration https://lnkd.in/evzA2YBJ
Magna Mining Inc. is extremely pleased with the status of the Advanced Exploration Surface Bulk Sample at Crean Hill, following the successful completion of blasting and trucking. Ore from the surface bulk sample is now being processed at Glencore's Strathcona mill in Sudbury. Magna continues to make strides towards becoming Canada's next significant Nickel & Copper producer right here in the Sudbury basin. TSXV: NICU #nickel #copper #preciousmetals #sudbury #mining #safety https://lnkd.in/eJEbeWPS
We are hiring! Become a part of Team Magna Mining Inc. Visit our website to view the open positions. https://lnkd.in/ekexUwMd #Sudbury #Hiring #Nickel #Copper #Finance #Engineering #Geology TSXV: NICU
Magna Mining Inc. reposted this
MP / Député Nickel Belt and Parliamentary Secretary to the Minister of Official Languages and Parliamentary Secretary to the Minister of Natural Resources
Thank you, Magna Mining, for supporting Canada’s critical minerals strategy and creating good jobs in Northern Ontario. Looking forward to continued collaboration! // Merci, Magna Mining, de soutenir la stratégie des minéraux critiques du Canada et de créer de bons emplois dans le Nord de l'Ontario. Hâte de continuer à collaborer!
It’s rare that mining projects have comprehensive, multilateral local support such as that enjoyed by Magna Mining Inc.'s Crean Hill mine in Sudbury. Last week, we were honored to host a site tour that included local politicians, city representatives, mine contractors and media. In attendance were Viviane L., Marc G. Serré, Meredith Armstrong, Mario Grossi, Liam McGill, Michael Loken, P. Eng. TSXV: NICU #Sudbury #Nickel #Copper #PreciousMetals #SiteTour #Support #Mining