VMS Ventures Inc. (TSX VENTURE:VMS) is planning to commence Phase One targets at the Tower Zone on, or about, November 4th, 2009, on its entirely owned Reed 5188 claim, part of the Reed Lake property in the Snow Lake mining district of Manitoba. The press release is quoted as saying: VMS Ventures Inc. is focused [...]
Read the full article: "VMS Ventures to commence work at Reed Lake..."
Friday, October 30, 2009
Lundin Mining Corporation (TSX:LUN)(OMX:LUMI) today reported unaudited net income for the quarter of $3.7 million, or $0.01 per share. The press release is quoted as saying: Lundin Mining Corporation (“Lundin”, “Lundin Mining” or the “Company”) is a diversified base metals mining company with operations in Portugal, Spain and Sweden, producing copper, nickel, lead and zinc. [...]
Read the full article: "Lundin Mining 2009 Q3 Results"
Wednesday, October 28, 2009
Jilin Jien Nickel Industry Co., Ltd. ,Goldbrook Ventures Inc.(TSX VENTURE:GBK), Jien Canada Mining Ltd. and Jien International Investment Ltd. announced that a total of 69,066,054 common shares (approx 67.68% of the outstanding Shares). In addition , they announced $82,837,000 principal amount of the 7% Convertible Senior Unsecured Debentures due March 31, 2015 (approx 60.25% of [...]
Read the full article: "Jien Canada Reports Tender Results"
Wednesday, October 28, 2009
Benton Resources Corp. (TSX VENTURE:BTC) and Royal Roads Corp. (TSX VENTURE:RRO) today announced the discovery of a new zone of magmatic nickel sulphide mineralization within gabbro of the Puddle Pond Complex on their Long Range joint venture in central Newfoundland. The press release is quoted as saying: The discovery was made by bedrock trenching of [...]
Read the full article: "Benton Resources & Royal Roads new..."
Wednesday, October 28, 2009
Sherritt International Corporation (TSX:S) today announced third-quarter 2009 results. Net earnings for third-quarter 2009 were $55.9 million ($0.19 per share), compared to net earnings of $133.1 million ($0.45 per share) for third-quarter 2008. The press release is quoted as saying: Nickel sales volumes of 9.8 million pounds (50% basis) for third-quarter 2009 were similar to [...]
Read the full article: "Sherritt International Corp. Q3 results"
Tuesday, October 27, 2009
MetalCORP Limited (TSX VENTURE:MTC)announced the start of the next phase of exploration on its Hemlo East property located east along trend from Barrick Gold’s Hemlo mine. 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 commences new phase Hemlo"
Tuesday, October 27, 2009
Western Areas (TSX:WSA)(ASX:WSA) announced the results from the Forrestania Nickel Project during the September quarter. The press release is quoted as saying: Major progress was made at the Forrestania Nickel Project during the September quarter. Western Areas reported record nickel sales; there was an 11% increase in mineral resources at Flying Fox and mine development [...]
Read the full article: "Western Areas update on Forrestania Nickel..."
Monday, October 26, 2009
Duluth Metals Limited (TSX: DM) (TSX:DM.U) today announced a 101 million tonne expansion in Indicated Resources of the Nokomis Deposit. This event symbolises a 22% increase from the Scott Wilson Roscoe Postle Associates Inc., June 2008 NI 43-101 Resource Estimate. The press release is quoted as saying: Duluth is committed to acquiring, exploring and developing [...]
Read the full article: "Duluth Metals update on Nokomis Deposit"
Tuesday, October 20, 2009
By Kishori Krishnan Exclusive To Nickel Investing News A crisis of sorts appears to be playing out in Australia, which is the third largest nickel producer, after Canada and Russia. Mining experts have woken up to the fact that Australia needs to protect against potential loss of market overseas. “Two years ago, we had nickel [...]
Read the full article: "Australia To Protect Its Nickel"
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Friday, October 30, 2009