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Last C$0.25 CAD
Change Today 0.00 / 0.00%
Volume 71.4K
RNX On Other Exchanges
As of 2:14 PM 08/27/15 All times are local (Market data is delayed by at least 15 minutes).

royal nickel corp (RNX) Snapshot

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52 Week High
06/26/15 - C$0.59
52 Week Low
08/24/15 - C$0.22
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royal nickel corp (RNX) Details

Royal Nickel Corporation, a mineral resource company, engages in the acquisition, exploration, evaluation, and development of mineral properties in Canada. The company explores for nickel, copper, and platinum group metals deposits. It primarily holds a 100% interest in the Dumont nickel project consisting of 233 contiguous mineral claims that covers an area of approximately 9,306.5 hectares located in the Abitibi mining camp, Quebec. The company was incorporated in 2006 and is headquartered in Toronto, Canada.

25 Employees
Last Reported Date: 02/27/15
Founded in 2006

royal nickel corp (RNX) Top Compensated Officers

Chief Executive Officer and President
Total Annual Compensation: C$338.3K
Vice President of Operations
Total Annual Compensation: C$210.0K
Vice President of Exploration
Total Annual Compensation: C$210.0K
Compensation as of Fiscal Year 2014.

royal nickel corp (RNX) Key Developments

Royal Nickel Corporation Reports Unaudited Consolidated Earnings Results for the Second Quarter Ended June 30, 2015

Royal Nickel Corporation reported unaudited consolidated earnings results for the second quarter ended June 30, 2015. For the period, the company incurred a net loss of CAD 1.2 million or CAD 0.01 per share compared to a net loss of CAD 3.0 million or CAD 0.03 per share in the same period in 2014. The net loss decrease of CAD 1.8 million is due primarily to lower general and administrative expenses (CAD 1.7 million).

Royal Nickel Corporation Receives Positive Federal Environmental Assessment Decision for Dumont Project

Royal Nickel Corporation announcef the receipt of a positive Environmental Assessment Decision for the Dumont Nickel Project from the Federal Minister of the Environment. The Minister has determined that the project is not likely to cause significant adverse environmental effects with the implementation of the mitigation measures outlined in the Comprehensive Study Report and has therefore referred the project back to the responsible authorities, Fisheries and Oceans Canada and Natural Resources Canada, for the issuance of permits.

Royal Nickel Corporation Receives Main Environmental Permit for Dumont Project

Royal Nickel Corporation announced that it has received the Certificate of Authorization for the Dumont Nickel Project from the Quebec Ministry of Sustainable Development, Environment and the Fight Against Climate Change. This authorization is the most significant permit for mining projects in Quebec and positions Dumont to proceed to construction upon completion of financing. Once constructed, Dumont will be large base metal mines and will make significant contributions to the Quebec economy as a long-term and low-cost producer of nickel concentrate. Dumont is expected to employ an average of over 500 people in the Abitibi region over a 33-year project life.


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