Pertambangan

Gregory Isenor, P.Geo., President and CEO of Merrex Gold Inc. (”Merrex”)(TSX VENTURE: MXI) announces that diamond drilling of Merrex’s West Voisey’s Bay Nickel Project in Labrador has commenced.
“The management committee of the West Voisey’s Bay Joint Venture has approved a program budget of approximately $2.2 million comprised primarily of diamond drilling and additional geophysics for […]

Gold is returning to the North as Miramar Mining (TSX:MAE) readies a site along Canada’s Arctic coast for the first new gold mine development in a generation.
“It’s a great opportunity to see it coming back,” said Larry Connell, Miramar’s environmental manager.
Crews are now quarrying rock near the Vancouver-based company’s Doris North deposit in Nunavut and […]

Niger’s government is planning its first ever audit of mining and energy firms as foreign explorers flock to its expanses of mineral-rich desert, the West African country’s government said.
The world’s third largest uranium producer last year changed its mining law to allow the government to audit foreign firms, in line with the Extractive Industries Transparency […]

OJSC MMC Norilsk Nickel announced that Norilsk Nickel’s proposed acquisition of control of LionOre Mining International Ltd. (Nachrichten) (”LionOre”) (Toronto Stock Exchange symbol: “LIM”; London Stock Exchange symbol: “LOR”; Botswana Stock Exchange symbol: “LIONORE”), which was notified in Norway on May 21, 2007, has been approved under the Norwegian Competition Act of 5 March 2004 […]

Recent decreases in the price of nickel do not signal a break in the extraordinary times enjoyed by the industry, including Greater Sudbury miners, observers say.
“The fundamental market, the premiums in the nickel business are still holding up very strong. They haven’t changed at all,” Montreal-based nickel analyst Terry Ortslan said Friday.
After falling below US […]

Nickel fell for a second day in London on speculation rising stockpiles signal slowing usage as producers seek alternatives to the metal in stainless-steel manufacturing. Copper also dropped.
Nickel inventories monitored by the London Metal Exchange rose 1,446 metric tons, or 27 percent, to 6,834 tons, the exchange said today in a daily report, the biggest […]

Russian mining and metallurgical giant Norilsk Nickel has announced that it is to spin off its non-core energy assets into a standalone company. The shares of the new independent player will be distributed on a proportional basis among Norilsk Nickel’s shareholders.
Only the company’s energy assets that are not engaged in power supply to its production […]

Jaguar Nickel Inc. reported results for its first quarter ended March 31, 2007 of its 2007 fiscal year. The net loss for the quarter was $716,912, primarily relating to a mark to market unrealized net loss on the Company’s investment portfolio. This compared to a net profit of $2,064,715 in 2006, relating largely to […]

Norilsk Nickel has boosted its investment program by 50 percent to RUR34bn (approx. USD1.32bn), the company’s General Director Denis Morozov said in the interview for Norilsk Nickel’s corporate magazine. He explained that the company needed heavy investment in its production. Therefore, Morozov said that Norilsk Nickel would hike its ore production from 21m tonnes to […]

Shipments of nickel laterite ore from the southern Philippines to China more than tripled in April from a year earlier as Chinese companies sought alternative supplies.
Exports rose to 492,002 tons from 144,547 tons, according to Bureau of Customs data obtained yesterday. The southern Philippines mines most of the nation’s low-grade ore, which competes with easier-to-process […]