Inco declared Protest Ends at Indonesian Nickel Mine
Villagers at a Sulawesi mine operated by PT International Nickel Indonesia Tbk have ended a protest over jobs after reaching an agreement with Inco. For full story, click here
Archive for August, 2009
Golden Goose Signed Option to Sell Its Lac Levac Nickel Property
Golden Goose Resources Inc. declared that it has granted Exploration Nemaska Inc. an option to purchase its Lac Levac Properties. The option was granted for a non-refundable consideration of $150,000 paid in cash and expires on December 31, 2009. For full story, click here
Western Areas Shares Surged on Plans to Double Nickel Output
Western Areas, an Australian nickel producer that supplies BHP Billiton Ltd., surged the most in four weeks in Sydney trading after announcing plans to almost double production at its Forrestania project. For full story, click here
Vale SA stopped Output Thompson Nickel Mine Processing Plant
Vale SA has stopped output at its Thompson nickel mine and processing plant for a scheduled maintenance on August 1st 2009, and bringing its entire Canadian nickel operations to a halt. For full story, click here
Mirabela Nickel Got $50.5 mln from Australian Part of Raising
Mirabela Nickel Ltd. surged that it has raised A$50.5 million from the Australian component of its previously announced equity raising. For full story. click here
Nickel Futures Surged 3.94%
Nickel futures on Wednesday surged by 3.94 per cent on the Multi Commodity Exchange in morning trade on heavy buying by traders, triggered by international cues. For full story, click here
Jien Nickel in JV Bid for Canadian Royalties
China’s Jilin Jien Nickel Industry and Canada’s Goldbrook Ventures have launched a joint tender offer to acquire mineral explorer Canadian Royalties. For full story, click here
Vale strikes continue to drive LME nickel prices
By Leia Michele Toovey- Exclusive to Nickel Investing News Speculation, combined with threatened supplies due to strikes at Vale Inco, has sent the price of nickel on a much needed upswing. On the London Metal Exchange, nickel closed t at US$ 19,100 per tonne in the previous session. Over in India, on the MCX, nickel [...]
Iron Mountain Mining will repay loan to Eagle Nickel
Iron Mountain Mining has provided further information on its off market bid for all of the shares in Aluminex Resources. For full story, click here
Liberty Provided Update On Sonthan Nickel Project
Liberty Mines Inc will present an update on the diamond drill program completed at the Sothman nickel project in the fall of 2008. The intent was to confirm the mineralization that formed the basis of the non-NI 43-101 compliant historical mineral resource estimation of 350,000 tons grading 0.89% Ni or 190,000 tons at 1.24% Ni. [...]
