Emerging nickel producer Nickelore Ltd is pleased to announce that it has raised a total of A$1.02 million from a sale of the nickel rights in the Bardoc Nickel Project (BNP) to Minara Resources Limited (ASX: MRE.AX), and a small capital raising book build. The purchase agreement signed today is expected to complete on 4 […]
Breakaway Resources announced a maiden Inferred Resource estimate for the Horn Nickel Sulphide Deposit in WA based on the results of recent successful diamond drilling. The Company reported initial Inferred Resource of 600,000t @ 1.39% Ni and 0.30% Cu for 8,300t of contained Ni and 1,800t of contained Cu; resource remains open along strike to […]
President Hugo Chavez said Thursday that his government has approved funding to build an iron and nickel foundry with Cuba.
Cuba is among the world’s largest producers of nickel, which is used to make stainless steel. Venezuela and Cuba signed an agreement last year to produce stainless steel using Cuban nickel–a project slated to involve some […]
Unionized workers at Colombia’s Cerro Matoso ferronickel mine accepted a company offer on Sunday to end a four-week strike that has hit global nickel prices, a labor union leader said.
BHP Billiton , which operates the mine in northern province of Cordoba, declared force majeure on Friday on nickel deliveries from Cerro Matoso because of the […]
China’s largest nickel producer, Jinchuan Group Ltd, has taken a 11 per cent equity stake in Perth-headquartered nickel explorer and producer Fox Resources Ltd.
The news sent Fox shares north, up 15 cents, or 30.93 per cent, to 63.5 cents at 1229 AEDT on Monday.
Jinchuan secured statutory approvals from the Chinese Government and the Provincial Government […]
Among the sector activity stories for Wednesday, March 26, from AP Financial News:
NEW YORK (AP) — Shares of companies that produce nickel, a key ingredient in making stainless steel, rose Wednesday on fresh evidence of China’s growing appetite for the commodity.
NEW YORK (AP) — Shares of regional banks fell Wednesday after an analyst said bad […]
Victory Nickel Inc. (”Victory Nickel” or the “Company”)(TSX:NI - News; www.victorynickel.ca) today announced that recent re-interpretation of an airborne electromagnetic and magnetic survey identifies drill targets at the Minago nickel project extending to a vertical depth in excess of 1.5 kilometres and confirms the potential for a continuous mineralized body linking the Nose Deposit and […]
GlobeStar Mining Corp. is pleased to announce the results of 21 diamond drill holes of the scouting/infill drill program at Corozal Ridge in the Dominican Republic, including 11.3 meters at 2.03% Nickel and 9.0 meters at 2.02 % Nickel.
Corozal Ridge
The Corozal Ridge nickel lateritic zone is located approximately 3.5 km east of GlobeStar’s Cumpie Hill […]
Metals Finance Corp reported that it has been considering all appropriate off-take opportunities in respect to its Lucky Break nickel project. The Company announced that Product Supply and Technology Cooperation Agreements have been finalised and executed between MFC and the BHP Billiton Yabulu Nickel Refinery. These agreements significantly enhance the early development of the Company’s […]
The government ordered a $420,300 fine after finding safety violations at a Utah coal mine.
Federal regulators say they assessed the fine against Andalex Resources Inc. for accumulations of coal dust and hydraulic oil on equipment at the Aberdeen coal mine in 2006 and 2007. The mine is near Price in Carbon County.
The government says dust […]