Name of the Project
Dumont nickel/cobalt project.

Location
Dumont is located in the western portion of the Abitibi region, in Quebec, Canada.

Project Owner/s
Nion.

Project Description
Dumont is positioned to be the biggest nickel sulphide operation in the western hemisphere.

The project has mineral reserves of 1.03-million tonnes grading 0.27% nickel, supporting a 30-year mine life.

Dumont will be an openpit mine/mill operation, using conventional drilling and blasting, with loading by a combination of hydraulic excavators and electric rope shovels into trucks. The process plant will be built in two phases.

Phase 1 is expected to produce 33 000 t/y, ramping up to 50 000 t/y in Phase 2.

Potential Job Creation
Not stated.

Net Present Value/Internal Rate of Return
The project has an estimated pretax net present value, at an 8% discount rate, of $1.71-billion and an internal rate of return of 19.9%

Capital Expenditure
The project is estimated at $1.02-billion.

Planned Start/End Date
Not stated.

Latest Developments
None stated.

Key Contracts, Suppliers and Consultants
Ausenco (feasibility study).

Contact Details for Project Information
Nion, tel +1 819 727 3777 or email info@dumontnickel.com.