Nickel Company News Directory

Direct Nickel’s Laterite Processing Method Could Cut Operating Costs in Half

In an interview with ABC News, Direct Nickel technical director Graham Brock said that the company's method of using nitric acid rather than conventional sulphuric acid extraction methods for nickel laterite deposits is more environmentally friendly and could significantly reduce operational costs for miners.

Luckyup Investment Transfers CaNickel Mining Loan Agreements

CaNickel Mining (TSX:CML) announced that Luckyup Investment Limited has transfered all of its present and future right, title and interest in and to the loan facility agreement and its related amendments to Hebei Wenfeng Industrial Company. Hebei Wenfeng is the largest beneficiary shareholder of CaNickel.

TVI Commences Shipments From Agata Nickel Project

TVI Pacific (TSX:TVI,OTCQX:TVIPF) together with its affiliate, TVI Resource Development (Phils.), Inc., has announced the loading of the first shipment of high-iron/low nickel direct shipping ore from its Agata project. The project is located in northern Mindanao in the Philippines. Loading is anticipated to take roughly 10 to 12 days to complete.

Balmoral Resources Announces $10.03 Million Private Placement

Balmoral Resources (TSX:BAR) has entered an agreement with a syndicate of underwriters led by Canaccord Genuity Corp. for a bought deal, flow-through private placement for gross proceeds of $10,030,000. Proceeds will be used for further exploration of Balmoral's Detour Gold Trend project and its other Quebec projects.