First Nickel Inc announced updated mineral resource estimate for its Lockerby Mine in Sudbury. For more information, click here
Read the full article: "First Nickel reports update on Lockerby Mine..."
Friday, February 27, 2009
Continental Nickel Limited announced final assay results from the 2008 drilling program on its Nachingwea nickel sulphide project in Tanzania. For more information, click here
Read the full article: "Continental reports results for Tanzania..."
Thursday, February 26, 2009
Sherritt shocked investors yesterday by announcing that capital costs for its Ambatovy nickel project in Madagascar have risen to more than $4.5-billion (U.S.) from previous estimates of $3.4-billion. For more information, click here
Read the full article: "Rising costs sideswipe Sherritt in Madagascar"
Thursday, February 26, 2009
With the cooperation of experts from Benxi Steel and CISRI, the steelmaker lately witnesses a breakthrough in its SPA-H container plate with nickel content declining 0.14% to 0.16% from former 0.30%, which will give a large cut in the cost. For more information, click here
Read the full article: "Benxi Steel reduces container plate cost by..."
Wednesday, February 25, 2009
By Leia Michele Toovey-Exclusive to Nickel Investing News Nickel prices will most likely be flat, at best, in 2009, according to Robin Bhar, metals analyst for Calyon Credit Agricole CIB, London. However, nickel premiums are difficult to gauge in a market characterized by a lack of demand, rising stocks and sinking prices. LME nickel prices [...]
Read the full article: "Nickel flatlines for 2009"
Tuesday, February 24, 2009
The Indonesian unit of Rio Tinto Ltd/Plc remains committed to a $2 billion nickel project in Indonesia. Mark Hunter, executive manager of projects at PT Rio Tinto Indonesia, said: At this stage, we have no intention of pulling out of the project. For more information, click here
Read the full article: "Rio committed to Indonesia nickel project"
Tuesday, February 24, 2009
Vale stopped output at a nickel mine in northern Manitoba province after the death of a worker. For more information, click here
Read the full article: "Vale stops Output at Canadian Mine After..."
Monday, February 23, 2009
Independence Group NL reported that The Long Nickel Mine is both profitable and cash flow positive at current nickel prices. For more information, click here
Read the full article: "Long Nickel Mine profitable and cash flow..."
Monday, February 23, 2009
Investors have sent shares in nickel explorer Focus Minerals lower after company reported that it would raise up to $28 million to fund its aggressive growth strategy. For full news, click here For company’s website, click here
Read the full article: "Focus declines on $28m capital raising plan"
Monday, February 23, 2009
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 [...]
Read the full article: "Duluth Metals – Low Cost Production..."
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Friday, February 27, 2009