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Karora Resources Inc T.KRR

Alternate Symbol(s):  KRRGF

Karora Resources Inc. is a Canada-based multi-asset mineral resource company. The Company’s portfolio includes the Beta Hunt Underground Mine, Higginsville Gold Operations and Lakewood Mill. It owns 100% of Beta Hunt, a gold-producing mine located approximately 600 kilometers from Perth in Kambalda, Western Australia. It owns and operates HGO, which is located approximately 75 kilometers south of the Beta Hunt Mine in Higginsville, Western Australia. HGO has a mineral gold resource and reserve and prospective land package totaling approximately 1,900 square kilometers. The operation includes a 1.6 million tons per annum (Mtpa) processing plant, 192 mining tenements, including the Aquarius, Hidden Secret, Mousehollow, Two Boys, Baloo, Pioneer, Fairplay North, Mitchell, Wills, Challenge and Mount Henry deposits. The Lakewood Gold Mill is located just outside Kalgoorlie, Western Australia and approximately 60 kilometers from the Beta Hunt Mine, has a processing capacity of 1.0 Mtpa.


TSX:KRR - Post by User

Post by MaterialsManon Feb 21, 2024 6:02pm
127 Views
Post# 35892025

Nickel buzz

Nickel buzzHate to be the bearer of bad tidings, but BHP's Nickel West operation is in dire straights.
Two high ranking spokesmen for BHP have indicated within the last day or so that they may decide to mothball the operation within a few months.
That would not only affect KRR's outlet for nickel ore, but it would put about 3,000 people out of work.
There are a lot of details that I won't bore you with.
Suffice to say, that unless some miracle occurs, like perhaps government subsidies to save those jobs,
the nickel bizz is kaput.

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