The common shares of KWG Resources Inc. will be listed on CNSX as of December 31, 2009. The press release is quoted as saying: KWG is an exploration stage company with properties in Ontario, Canada. KWG has two property groups: the chromite, nickel, base metal group and the diamond group held in a wholly owned [...]
Read the full article: "Canadian National Stock Exchange New Listing"
Thursday, December 31, 2009
Eloro Resources Ltd. (TSX VENTURE:ELO) reported the completion of its previously announced non-brokered private placement, subject to final TSX Venture Exchange acceptance. The press release is quoted as saying: Eloro is a junior exploration company focused on discovering and developing precious and base metal quality resources in the James Bay region of northern Quebec, and [...]
Read the full article: "Eloro Resources closes non-brokered private..."
Wednesday, December 30, 2009
On Wednesday, it was reported that Cuba’s unrefined nickel plus cobalt production appears to have been between 60,000 and 65,000 tonnes this year, the lowest in a decade. The press release is quoted as saying: Cuba produced 70,400 tonnes of unrefined nickel and cobalt in 2008, after averaging between 74,000 and 75,000 tonnes during much [...]
Read the full article: "Cuban nickel output seen lowest in a decade"
Tuesday, December 29, 2009
MetalCORP Limited (TSX VENTURE:MTC) announced the results of its drilling program at the Tarp Lake Zone on the northern part of its 100%-owned Pickle Lake property. The press release is quoted as saying: MetalCORP is a mineral exploration company based in Thunder Bay, Ontario with gold and base metal projects in the Canadian Shield of [...]
Read the full article: "MetalCORP’s drilling results from Tarp..."
Monday, December 28, 2009
Sherritt International Corporation (TSX:S) announced the appointment of John R. Moses and R. Peter Gillin as Directors, effective January 1, 2010. Messrs. The press release is quoted as saying: Sherritt is a diversified natural resource company that produces nickel, cobalt, thermal coal, oil, gas and electricity. It also licenses its proprietary technologies to other metals [...]
Read the full article: "Sherritt International Corporation’s..."
Monday, December 28, 2009
FNX Mining Company Inc. (TSX:FNX) reported production and capital expenditures guidance for 2010. The press release is quoted as saying: Production in 2010 is expected to total 891,000 tons of ore shipped, a 31% increase over the 2009 production plan. The total payable metal forecast for 2010 consists of 48.1 million lbs of copper, 7.7 [...]
Read the full article: "FNX Mining Company’s guidance for 2010"
Saturday, December 26, 2009
Shear Minerals Ltd. (TSX VENTURE:SRM) and Takara Resources Ltd. (TSX VENTURE:TKK) jointly reported that they have signed a letter of intent with whereby Shear can earn an option in all mineral rights including up to 70% in diamond rights on specific targets to the Miskamowin Project, Manitoba and that a VTEM airborne survey is currently [...]
Read the full article: "Shear Minerals and Takara Resources signed a..."
Saturday, December 26, 2009
Greenock Resources Inc. (TSX VENTURE:GKR) reported that a private placement for $185,500 has closed. The press release is quoted as saying: Greenock’s holdings in Australia are the nickel and platinum group metal exploration property Merlot and a shareholding in the uranium exploration company Raisama. Raisama has acquired a number of high potential exploration projects including [...]
Read the full article: "Greenock Resources update"
Tuesday, December 22, 2009
By Kishori Krishnan Exclusive To Nickel Investing News They have done it again. After a 6-month hiatus, Russia is set to re-instate its 5 per cent export tax on nickel next month. For the past half year, the government has been debating the possibility of linking the export duties for nickel and other market metals [...]
Read the full article: "Nickel Notes To Soar Again"
Friday, December 18, 2009
On Wednesday, Xstrata Plc (XTA.L) has begun labor talks with workers at its Sudbury, Ontario, nickel operations ahead of the Jan. 31 expiry of the current contract. The news release is quoted as saying: The start of negotiations comes as a strike at rival Sudbury nickel producer Vale (VALE5.SA) enters its sixth month with no [...]
Read the full article: "Xstrata initiates labor talks with Sudbury"
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Thursday, December 31, 2009