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smsp

André DANG’s keynote address to the International Nickel’s Conference 2010

André DANG intervened immediately after the opening speech of the President of New Caledonian Government, Philippe GOMES, to address the “perspectives and strategies” of the Caledonian nickel. A significant noticed speech on the control, the development and the optimization of the country’s mining resources. André DANG’s speech

Signing of the loan

Signing of the loan with « Financière Océor » (Caisse d’Epargne and BNC group) and « BRED Banque Populaire » for the financing of the construction works of the North Plant via SMSP. Thanks to the industrial partnership with the world leader of stainless steel POSCO and the launching of the Gwangyang processing Plant in...

Broadcasting of the film « The word given » on RFO-NC

“The word given” is a 52 minute documentary film carried out by Cinead that recalls the history of a mining company celebrating today its eighteen springs, a company which then had neither property nor mining title, that many thought dedicated to bankruptcy and which, eighteen years later, enters into the protected field of metallurgy. “The...

Starting up of the Gwangyang processing Plant

SMSP enters into the protected field of metallurgy. The pyrometallurgical processing plant built up by Société du Nickel de Nouvelle-Calédonie et Corée (SNNC), in which it holds 51% of the shares, has entered into production. The plant that has been built up in less than 30 months should produce for this year alone some 4.000...

Lighting of the electric furnace of the Gwangyang Plant

SMSP, through its SNNC subsidiary (Société du Nickel de Nouvelle-Calédonie et Corée), is on the stage to enter the protected field of metallurgy in proceeding along with its industrial and commercial partner POSCO, to the lighting of the largest electric furnace ever manufactured in a pyrometallurgical unit. Thanks to the valorisation of its mining asset...

Tax incentive scheme confirmed for the Northern Plant

Koniambo Nickel SAS (KNS)  announced today the granting by the French authorities of a tax ruling  (décision d’agrément) pursutant to French tax legislation for the promotion of investments in French overseas territories (the so-called “Loi Girardin”) that is expected to  result in a benefit of up to USD223 million to the Koniambo project. Pursuant to...

Xstrata approves Koniambo Nickel Project

The Board of Xstrata Plc approved the development of the Koniambo project. It implementation will entail investment of $3.8 billion to be funded by both partners. The decision came after a one-year renewal phase with the objective to provide additional confidence in the project’s costs and development schedule.

Resolutions of SMSP Board of Directors

SMSP Board of Directors met in Noumea on September 7. Amongst a certain number of points that have been reviewed, two important resolutions regarding the construction of the Northern Plant have been endorsed by all its members. The Board members reviewed details of project execution planning, execution preparedness, schedule and cost optimisation and were able...

Review of the conclusions of the renewal report

Koniambo Nickel Sas Board of Directors met on August 23 in Toronto, at Xstrata Nickel headquarters, and reviewed the renewal plan of the Koniambo projet. The Board members have reviewed details of project execution planning, cost and schedule optimization and execution preparedness. In a timely manner, but separately, the individual Boards of Directors of each...
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