Melkior Resources Inc. (TSX VENTURE:MKR) reported that the company has resumed drilling on its 100% owned Carscallen Gold property in West Timmins on January 18th, 2010. The press release is quoted as saying: Melkior is a junior exploration company with active exploration projects in West Timmins and the Mc Faulds “Ring of Fire” areas of [...]
Read the full article: "Melkior Resources updates on Carscallen Gold..."
Friday, January 29, 2010
CROWFLIGHT MINERALS INC. (TSX:CML) provided further information on the previously announced Offer received by the Company and the previously announced Private Placement. The press release is quoted as saying: Crowflight Minerals Inc. (TSX:CML) holds the Bucko Lake Nickel Mine in the Thompson Nickel Belt, located near Wabowden, Manitoba. The Company also holds nickel, copper and [...]
Read the full article: "Crowflight’s new update on Private..."
Thursday, January 28, 2010
Western Areas (TSX:WSA)(ASX:WSA) announced 2009 Quarterly Activities Report. The company had A$90.7M cash at the end of the quarter. In addition, receivables were A$18.1M and ore and concentrate stockpiles at cost were valued at A$10.3M. The press release is quoted as saying: Major mine development was completed at Flying Fox to enable Western Areas to [...]
Read the full article: "Western Areas 2009 Quarterly Activities..."
Thursday, January 28, 2010
MetalCORP Limited (TSX VENTURE:MTC) reported the commencement of the first phase of a deep drilling program on its 100% owned Hemlo East property, immediately east-southeast along trend from Barrick Gold’s Hemlo mine, and approximately 35 km east of the town of Marathon in Northwestern Ontario. The press release is quoted as saying: MetalCORP is a [...]
Read the full article: "MetalCORP starts Drilling at Hemlo East..."
Wednesday, January 27, 2010
Anfield Nickel Corp. (TSX VENTURE:ANF) reported that the company has begun an initial 44,000m drill program on its 100% owned Mayaniquel nickel laterite project in Guatemala. The press release is quoted as saying: The Mayaniquel project comprises mineral exploration licenses totaling approximately 83,430 hectares in the nickel laterite belt surrounding Lake Izabal, 120 kilometers northeast [...]
Read the full article: "Anfield Nickel starts drilling at Mayaniquel..."
Wednesday, January 27, 2010
International Millennium Mining Corp. (TSX VENTURE:IMI)(FRANKFURT:L9J) reported that the company has closed the second and final tranche of its private placement. The press release is quoted as saying: International Millennium Mining Corp. is a mineral exploration and development company engaged in acquiring known small mines world-wide and in the exploration of polymetallic mineral properties in [...]
Read the full article: "International Millennium Closes Private..."
Tuesday, January 26, 2010
On Monday, Vale Inco, the Canadian arm of Brazilian mining giant Vale (VALE5.SA) (VALE.N) reported that it plans to resume nickel mining and milling operations at Voisey’s Bay, Labrador, which have been idle since workers went on strike on Aug. 1, 2009. The press release is quoted as saying: The decision to resume production follows [...]
Read the full article: "Vale to restart Voisey’s Bay operations"
Tuesday, January 26, 2010
PolyMet Mining Corp. (TSX:POM)(NYSE Amex:PLM) reported today that the company has closed the second US$15 million installment of its previously announced US$25 million equity financing with Glencore AG. The press release is quoted as saying: PolyMet Mining Corp. is a publicly-traded mine development company that controls 100% of the NorthMet copper-nickel-precious metals ore body through [...]
Read the full article: "PolyMet get Second Installment From Glencore"
Monday, January 25, 2010
By Kishori Krishnan Exclusive To Nickel Investing News Nickel prices are on an upswing. Eager to strike when the iron is hot, miners in the midst of labor disputes, are all in a tizzy to get the show on the road. Like Vale Inco’s Canadian operations. Striking workers at Vale’s nickel-copper-cobalt mine in Voisey’s Bay [...]
Read the full article: "Restarting Ops On Nickel Mines"
Friday, January 22, 2010
Pele Mountain Resources Inc. (TSX VENTURE:GEM) today announced that Coventry Resources Ltd. has reported additional drill results from Pele’s Ardeen Gold Project in Northern Ontario. The press release is quoted as saying: The Company also holds the Ardeen Gold and Sudbury Nickel projects, which are actively explored and funded under option agreements with Coventry Resources [...]
Read the full article: "Pele Mountain’s update on Ardeen..."
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Friday, January 29, 2010