Gold$2,045.30+0.52%
Silver$23.84-0.18%
Copper$3.85+1.23%
Platinum$912.40-0.33%
Iron Ore$118.50+2.14%
Nickel$16,892-0.89%
Magna Mining Inc. logo

Magna Mining Inc.

NICU.VSmall CapPlatinum

Price History

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About Magna Mining Inc.

Magna Mining is a producing nickel-copper-PGM company operating the McCreedy West copper mine in Ontario's Sudbury Basin, acquired from KGHM in 2025. The company is advancing the Crean Hill nickel-copper-precious metals project toward a pre-feasibility study, targeting multi-mine production in the world-class Sudbury mining district.'s Sudbury Basin, acquired from KGHM in 2025. The company is advancing the Crean Hill nickel-copper-precious metals project toward a pre-feasibility study, targeting multi-mine production in the world-class Sudbury mining district.'s Sudbury Basin, acquired from KGHM in 2025. The company is advancing the Crean Hill nickel-copper-precious metals project toward a pre-feasibility study, targeting multi-mine production in the world-class Sudbury mining district.'s Sudbury Basin, acquired from KGHM in 2025. The company is advancing the Crean Hill nickel-copper-precious metals project toward a pre-feasibility study, targeting multi-mine production in the world-class Sudbury mining district.'s Sudbury Basin, acquired from KGHM in 2025. The company is advancing the Crean Hill nickel-copper-precious metals project toward a pre-feasibility study, targeting multi-mine production in the world-class Sudbury mining district.

Primary Commodities

NickelCopperPlatinumPalladium

Project Economics

Kirkwood Project

Nickel· Sudbury, Ontario, Canada· Exploration
Ownership100%
Mineral Resources
Historical (not current): Kirkwood M&I Contact 565,000 t @ 1.17% Ni, 0.49% Cu. Inferred Contact 1,589,000 t @ 1.27% Ni, 0.97% Cu.

McCreedy West Mine

Copper· Sudbury, Ontario, Canada· Production
Production
Jun 2026
AISC4.5 US$/lb CuEq
Mine Life3 yrs
Head Grade3.38% CuEq (Q1 2026)
Ownership100%
Mineral Reserves
Initial Mineral Reserve Estimate announced in Q1 2026 to support a 3-year production profile from the footwall 700 Copper and PM Zones
Mineral Resources
McCreedy West total M&I: 5.63 Mt @ 2.08% CuEq (sourced from resource summary table)
Royalties / Streams
Precious metals stream exists; cost impact approximately US$0.78-0.92/lb at 2026 budget prices

Podolsky Mine

Nickel· Sudbury, Ontario, Canada· Exploration
Mine TypeUnderground
Ownership100%
Mineral Resources
Historical (not current): Podolsky M&I Contact 6,058,000 t @ 0.75% Ni, 0.21% Cu; Footwall 1,099,900 t @ 0.27% Ni, 2.35% Cu, 1.01 g/t Pt, 1.01 g/t Pd, 0.42 g/t Au, 13.56 g/t Ag. Inferred Footwall 526,000 t.

Shakespeare

Nickel· Sudbury, Ontario, Canada· Exploration
Ownership100%
Mineral Resources
Shakespeare Open Pit M&I: 16.51 Mt @ 0.79% Cu, 1.16% NiEq. Underground M&I: 3.83 Mt @ 0.75% Cu, 1.10% NiEq; Inferred: 2.36 Mt @ 0.81% Cu, 1.20% NiEq.

Levack Mine

Nickel, Copper, Precious Metals· Canada, Sudbury, Ontario· Development
Resource Estimate
Mineral Resources
Indicated: 6,732,000 short tons (6,106,000 t) at 1.13% Cu, 1.44% Ni, 0.04% Co, 0.56 g/t Pt, 0.74 g/t Pd, 0.11 g/t Au, 1.95 g/t Ag, 3.54% CuEq; Inferred: 5,694,000 short tons (5,165,000 t) at 1.19% Cu, 1.41% Ni, 0.04% Co, 0.57 g/t Pt, 0.76 g/t Pd, 0.16 g/t Au, 2.13 g/t Ag, 3.59% CuEq

Crean Hill Project

Nickel, Copper, PGM· Sudbury, Ontario, Canada· Development
PEA
Jul 2024
NPV (After-Tax) @ 8%C$194M
NPV (Pre-Tax)C$265M
IRR (After-Tax)129%
Mineral Resources
Indicated: 18,444,000 tonnes at 0.87% Cu, 1.01% Ni, 0.035% Co, 0.98 g/t Pt, 1.12 g/t Pd, 0.37 g/t Au (1.96% NiEq); Inferred: 989,000 tonnes at 0.53% Cu, 0.70% Ni, 0.026% Co, 0.98 g/t Pt, 1.66 g/t Pd, 0.29 g/t Au (1.56% NiEq)

Project figures are automatically extracted from company filings and presentations and reflect the most recent disclosure found. They may contain errors — always verify against the linked source document.

Financial Metrics

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Press Releases

PRESS RELEASE

Magna Mining Inc (MGMNF) Q1 2026 Earnings Call Highlights: Strong Revenue Growth Amid ...

Magna Mining Inc (MGMNF) reports robust revenue from McCready West and secures TSX listing approval, despite cash outflows and pending feasibility studies.

Yahoo Finance5 days ago
PRESS RELEASE

Magna Mining Reports Operating and Financial Results for the First Quarter of 2026

SUDBURY, Ontario, May 27, 2026 (GLOBE NEWSWIRE) -- Magna Mining Inc. (TSXV: NICU) (OTCQX: MGMNF) (FSE:8YD) (the “Company” or “Magna”) is pleased to report operating and financial results for the first quarter of 2026 (“Q1 2026”). Management will host a conference call tomorrow, May 28, 2026, at 8:00am EDT to discuss the results. All amounts are expressed in Canadian dollars unless otherwise indicated. Highlights During Q1 2026, Magna achieved a positive cash margin* of $6.0 million at the McCree

Yahoo Finance6 days ago
PRESS RELEASE

Magna Mining Announces Details of First Quarter 2026 Results Conference Call and Webcast

SUDBURY, Ontario, May 14, 2026 (GLOBE NEWSWIRE) -- Magna Mining Inc. (TSXV: NICU) (OTCQX: MGMNF) (FSE: 8YD) (“Magna” or the “Company”) will release financial and operating results for the first quarter of 2026 after market close on Wednesday May 27, 2026. In addition, the Company will hold a conference call and webcast to discuss these results on Thursday May 28, 2026 at 8:00am EDT. To register for the conference call, please use the following link to obtain a Dial-in Number and PIN: https://reg

Yahoo Finance5/14/2026
PRESS RELEASE

Magna Mining Announces Conditional Approval to Graduate to the Toronto Stock Exchange

SUDBURY, Ontario, May 04, 2026 (GLOBE NEWSWIRE) -- Magna Mining Inc. (TSXV: NICU) (OTCQX: MGMNF) (FSE: 8YD) (“Magna” or the “Company”) is pleased to announce that it has received conditional approval to list its common shares on the Toronto Stock Exchange ("TSX") and graduate from the TSX Venture Exchange ("TSXV"). Final approval of the listing is subject to the Company fulfilling all of the requirements of the TSX, including receipt of all required documentation on or before July 29, 2026.The C

Yahoo Finance5/4/2026
PRESS RELEASE

New Forecasts: Here's What One Analyst Thinks The Future Holds For Magna Mining Inc. (CVE:NICU)

Magna Mining Inc. ( CVE:NICU ) shareholders will have a reason to smile today, with the covering analyst making...

Yahoo Finance4/27/2026
PRESS RELEASE

Magna Mining Inc (MGMNF) Q4 2025 Earnings Call Highlights: Strong Safety Record and Strategic ...

Magna Mining Inc (MGMNF) reports increased production and a solid cash position, while navigating cost pressures and strategic opportunities.

Yahoo Finance4/22/2026
PRESS RELEASE

Magna Mining Reports Fourth Quarter and Full Year 2025 Financial Results

SUDBURY, Ontario, April 20, 2026 (GLOBE NEWSWIRE) -- Magna Mining Inc. (TSXV: NICU) (OTCQX: MGMNF) (FSE:8YD) (the “Company” or “Magna”) is pleased to report fourth quarter and full year 2025 operating and financial results. Management will host a conference call tomorrow, April 21, 2026, at 8:00am EDT to discuss the results. All amounts are expressed in Canadian dollars unless otherwise indicated. Highlights During the three months ended December 31, 2025 (“Q4 2025”), Magna successfully achieved

Yahoo Finance4/20/2026
PRESS RELEASE

Magna Mining Says North Range Drilling Intersects "Significant" Copper

Magna Mining (NICU.V), which rose more than 7% yesterday, said Tuesday that recent drilling at the p

Yahoo Finance4/14/2026
PRESS RELEASE

Magna Mining Intersects 23.2% Copper, 5.6% Nickel, 21.4 g/t Platinum + Palladium + Gold, and 225.0 g/t Silver over 2.4 metres and Provides an Update on Progress at the Levack Mine in Sudbury, Ontario

SUDBURY, Ontario, April 14, 2026 (GLOBE NEWSWIRE) -- Magna Mining Inc. (TSXV: NICU) (OTCQX: MGMNF) (FSE: 8YD) (“Magna” or the “Company”) is pleased to provide the results of ongoing exploration and an update on activities at the past-producing Levack Mine, located in the North Range of the Sudbury Basin, Ontario, Canada (Figure 1). Recent drilling has continued to intersect significant copper-rich massive sulphide veins over approximately 175 metres downhole, within the R2 Footwall Zone. Highlig

Yahoo Finance4/14/2026
PRESS RELEASE

Fox Tungsten adds two directors to its board

Fox Tungsten Ltd (TSX-V:FOXT, OTC:HPYCF, FRA:1HC) said on Monday it has appointed two new directors to its board. Mark Wellings joins the board as the nominee of Waratah Capital Advisors, an investment fund with the contractual right to name a replacement following the March 24 resignation of...

Yahoo Finance4/13/2026

Quick Facts

Ticker Symbol
NICU.V
Market Cap
Small Cap
Category
Platinum
Commodities
Nickel, Copper, Platinum, Palladium

This information is for educational purposes only and does not constitute investment advice. Always conduct your own research before making investment decisions.

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