Dumont is a fully permitted feasibility-stage open-pit nickel-cobalt project 25 kilometres west of Amos, Quebec. Its 2019 feasibility study uses a two-phase flotation and magnetic-separation plant, a 30-year project life and an initial 52.5-kilotonne-per-day throughput that later doubles. Culico owns no direct project percentage; its exposure is a contingent contractual right to receive US$30 million less specified tax deductions after the purchaser achieves three times its invested capital through a future sale or monetization.
- Country
- Canada
- Commodity
- Ni
- Stage
- Feasibility