Flowing from its Project Generation Alliance with First Quantum Minerals across Scandinavia, Newgenco signed joint ventures with FQM over multiple new Ni-Cu projects, the most significant being Keivitsa North and Moykelma  in northern Finland.  Following takeover of the Keivitsa Mine and regional exploration projects by Boliden AB in June 2016, exploration of these two projects is being managed by Boliden from its operational base in Sodankyla.

NEWA is continuing to manage exploration over its Dablo Pd-Pt-Au-Ni-Cu Project in Burkina Faso.