Premier Nickel Mines Private Limited (PNMPL) is a private company specializing in nickel, copper and platinum group metal exploration and development. Established in the year 2004, PNMPL is set to explore and develop Ni-Cu-PGE deposits in India. The company has a strong technical team with years of experience in Ni-Cu-PGE exploration.
India requires significant amount of nickel and platinum for its steel and auto industry. Since there are no nickel and platinum mines in India, most of the requirement is met through imports. Limited exploration efforts by state agencies did not help in improving the scenario over last few decades. However, India has required geological settings to host Ni-Cu-PGE deposits. PNMPL is planning to explore this untapped potential. PNMPL has compiled a large data base on Indian geological settings which can host Ni-Cu-PGE deposits. Based on the compilation the company strongly believes that 1) Archaean – Proterozoic rift – related volcanics, 2) Archaean and Proterozoic mafic-ultramafic intrusive complexes and 3) Feeder dykes to Cretaceous Deccan Traps can host Ni-Cu-PGE deposits in India. These three types of geological settings were covered by Reconnaissance and Prospecting License (R.P. and P.L.) applications by PNMPL and its associated companies, viz., GMSI.
PNMPL and its associate companies have already explored about 8000 sq.km of the area under Reconnaissance Permits. Based on the exploration results PNMPL and its associated companies have applied for 10 P.L.’s covering 173 sq.km, out of which two P.L. of 56 sq.km are already granted.