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Tataki, Grindwell smoke peace pipe over debt

Tuesday, February 10, 2026 | 130 Views |

Renewed hope: Tataki Mining relaunched drilling activities at Tati Nickel last year and expects to reopen commercial this year

Plans to reopen Tati Nickel are back on track after the new owner, Tataki Mining, sealed a debt settlement deal last week with drilling contractor, Grindwell, removing the provisional liquidation case that had been lodged at the High Court.

Tataki Mining, owned byUnited States firm Global Critical Resource Corp (GCR), is accelerating developments towards restarting activities at Tati Nickel, the base metal mining operation which closed in 2016 during the global meltdown in the sector.

Tati Nickel operated Phoenix and Selkirk mines before their closure. Canadian firm, NexMetals, snapped up Selkirk whilst GCR bought Phoenix for $15 million and held a reopening ceremony last September.

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