Victory Nickel Inc. declared the terms of a rights offering to existing shareholders to raise gross proceeds of up to approximately $3.9 million. Vice-Chairman and CEO Rene Galipeau stated: We believe it is important to give our existing shareholders the opportunity to participate in the future success of Victory Nickel on a non-dilutive basis. For [...]
BHP Billiton has expected to sell the Yabulu refinery near Townsville in Western Australia, where concentrate from the $2.2-billion Ravensthorpe operations was processed until January this year. For full story, click here
First Point Minerals Corp. declared has acquired by staking 100% of four new nickel properties north of First Point’s Decar nickel property. For full story, click here
European Nickel PLC. declared that its unaudited interim results for the six months ended 31 March 2009. For full story, click here
The government will place the new national mining policy in Parliament by the winter session which would allow foreign direct investment in the exploration of capital-intensive minerals like copper, nickel and chromium. For full story, click here
First Point Minerals Corp. has acquired by staking 100% of four new nickel properties north of First Point’s Decar nickel property. For full story, click here
European Nickel PLC its unaudited interim results for the six months ended 31 March 2009. For full story, click here
Nickel and tin dipped sharply on the non-ferrous metal market here today in the absence of industrial demand amid slipping trend in London Metal Exchange. For full story, click here
Xstrata Nickel declared that its Raglan operation in Northern Quebec has been awarded the 2008 F.J. O’Connell trophy for excellence in safety for the tenth time in the last eleven years. Michel Boucher, General Manager of the Raglan Mine, stated: Raglan’s total recordable injury frequency rate improved by 21% in 2008 over the previous year. [...]
BHP Billiton, which is the world’s leading mining company, and local partner Asiaticus Management Court will bury the hatchet after deciding to withdraw legal cases filed against each other on one of the country’s biggest mining projects. For full story, click here
Friday, June 26, 2009