Franconia Minerals Corporation (TSX:FRA) reported that the company has initiated a new core-drilling program at its Birch Lake copper-nickel-PGM project in the highly prospective Duluth Complex in northeastern Minnesota.
Crowflight Intersection declared that further assay results from its Phase 2 drilling program on the 1,000 foot underground level, as well as initial results from a program of exploratory drilling conducted from the surface ramp between the 450 foot and 500 foot levels of the Bucko Lake Nickel Mine. Results from the Phase 2 infill [...]
For the second time in less than a month BHP Billiton Ltd has temporarily closed its Perseverance nickel mine in west Australia due to rock falls around the site. For full story, click here
Kimberley nickel miner Panoramic Resources declared a 142% surge in nickel reserve at its Savannah project, near Halls Creek. The rise takes the company’s total Kimberley reserve to 98,000 tonnes. For full story, click here
Open Joint Stock Company Mining and Metallurgical Company Norilsk Nickel and its subsidiaries announced that it has issued consolidated financial statements as at December 31st2008 and for the year then ended in compliance with International Financial Reporting Standards. For full story, click here
The global nickel market will be in an 80,000 tonnes surplus in 2009, as dipping demand continues to outpace cutbacks made by producers. For full story, click here
Toledo Mining revealed that it does not anticipate restarting operations at its Berong nickel mine until at least the third quarter of the year. For full story, click here
Overview Based on Indicated and Inferred Resources for the Nokomis Deposit, the Nokomis Deposit ranks as one of the largest Polymetallic Resources to be discovered in North America in decades containing a higher than average grade for deposits within the Duluth Complex. The Nokomis Deposit is located in Northeastern Minnesota, southeast of the town of [...]
Base metals may rise up to 7 per cent in the short term on speculation that the stimulus packages proposed by the governments of the US and China will revive growth and boost demand for industrial commodities. for full story, click here
Overview Bold Ventures Inc. (BOL: TSX.V) is an exploration company with three Canadian projects. The Company’s main emphasis is on two Nickel-Copper-PGE exploration properties located in the McFaulds Lake area ‘Ring of Fire’. In addition, Bold continues to actively investigate additional opportunities in the ‘Ring of Fire’ area. Investment Highlights: Option agreement with Noront Resources [...]
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