Liberty Mines Drill Update at Nickel Project
Liberty Mines Inc. (TSX:LBE) announced results from its Croxall drill program and provided an update on exploration at its Groves project.
Uncategorized Directory
First Nickel Provides Update on Lockerby Restart
First Nickel Inc. (TSE:FNI) plans to resume production work at its Lockerby nickel-copper mine in Sudbury.
Strongbow Exploration Inc. – Exploring for Gold and Nickel
Strongbow Exploration Inc. (CVE:SBW) is a junior exploration company based in Vancouver, Canada. Strongbow has several areas of focused exploration in both Canada and the United States. The Company is currently concentrating its efforts on its Midway gold project in South Carolina, but is also working on defining a new belt of nickel/copper/cobalt sulphide deposits in central Canada and a number of early stage gold and copper-gold properties in British Columbia.
Nickel in first wave of industrial metal ETCs
Itri.com reports that there will be 3 physically backed ETC's launched today, with the first to be offered containing be of funds holding copper, nickel and tin.
Melkior Continues to Intersect High-Grade Gold Mineralization in Timmins; Identifies Porphyry Style Mineralization
Melkior Resources Inc. (TSX VENTURE:MKR) announced results for the most recently completed three holes on its 100% owned Carscallen Gold Project located in West Timmins, Ontario, Canada.
Nickel Market: Increased Demand Driving Deficit?
The global nickel market will be in a slight deficit this year, reports metal consultant Metalytics Ltd, as demand is driven by increases in the steel market.
Coming Soon…
Check back soon for profiles of leading nickel companies.
Noront Resources Announces Up to $15 Million Equity Financing
Noront Resources Ltd. (TSX VENTURE:NOT) reported that the company has entered into an agreement with Dundee Securities Corporation on behalf of itself and a syndicate of agents including Wellington West Capital Markets Inc. and Genuity Capital Markets under which they have agreed to offer for sale, on a best efforts basis, flow-through common shares of Noront at a price of $1.83 per Flow-Through Share for aggregate gross proceeds of up to $15 million.
Goldbrook Receives Additional 2010 Exploration Program Funding
Goldbrook Ventures Inc. (TSX VENTURE:GBK) reported that the company has received additional funding of $5,500,000 for the 2010 exploration program from Jilin Jien Nickel Industry Co., Ltd. of Panshi, Jilin, China.
Nickel Prices Hold Steady
The world’s largest nickel supplier suggests it won’t restart idle capacity until prices reach $25,000 per ton Nickel; demand is projected to outstrip supply for the first time in four years; and Brazilian producer Vale’s Canadian plans may be on hold.
