Vale (VALE5.SA) reported that the company will hold “exploratory” talks with union leaders representing striking workers at the company’s Sudbury, Ontario, nickel operations, the first signs of movement in a strike that began last July.
Read the full article: "Vale to sit down with striking Sudbury union"
Friday, February 26, 2010
Ibtimes reported if Nickel’s fate depends on China:
Read the full article: "Does Nickel’s fate depend on China?"
Friday, February 26, 2010
Lundin Mining Corporation (TSX:LUN)(OMX:LUMI) reported net income, before discontinued operations and impairment charges, of $105.2 million ($0.19 per share) for the year and $72.2 million ($0.12 per share) in the fourth quarter of 2009, up from a loss of $131.9 million (loss of $0.32 per share) in the fourth quarter of 2008.
Read the full article: "Lundin Mining Releases 2009 Fourth Quarter..."
Thursday, February 25, 2010
International Nickel Ventures Corporation (TSX:INV) reported that the Board of Directors has approved the change of the Company’s name to INV Metals Inc.
Read the full article: "International Nickel Ventures to Change Name..."
Thursday, February 25, 2010
URSA Major Minerals Incorporated (TSX:UMJ) reported that the Company has successfully completed the start-up of the Shakespeare Nickel Mine, located 70 km west of Sudbury, Ontario.
Read the full article: "URSA Completes Start-Up at the Shakespeare..."
Wednesday, February 24, 2010
Altius Minerals Corporation (TSX:ALS) reported that as part of the recently completed Plan of Arrangement between International Royalty Corporation and Royal Gold Inc.,Altius will receive CAD $37.5 million in cash and 529,251 Royal Gold exchangeable shares for its 8,924,972 shares of IRC. The press release is quoted as saying: The expected gross proceeds to Altius [...]
Read the full article: "Altius to Receive Proceeds Worth $61.8..."
Wednesday, February 24, 2010
GlobeStar Mining Corporation (TSX:GMI) reported highlights of its operating results for the three months and twelve months ended December 31, 2009. The press release is quoted as saying: During the fourth quarter of 2009, the Cerro de Maimon Mine in the Dominican Republic continued to operate at planned production levels. Copper production was 5.6 million [...]
Read the full article: "GlobeStar:2009 Operating Results"
Tuesday, February 23, 2010
Lundin Mining Corporation (TSX:LUN)(OMX:LUMI) announced its Mineral Reserve and Resource estimates as at December 31, 2009. The press release is quoted as saying: Investment in in-mine and near-mine exploration has seen the growth of mineral reserves to replace record ore tonnages mined during the year at both Neves-Corvo and Zinkgruvan. In addition, at Neves-Corvo there [...]
Read the full article: "Lundin Reports 2009 Reserve & Resource..."
Tuesday, February 23, 2010
International Millennium Mining Corp. (TSX VENTURE:IMI)(FRANKFURT:L9J) announced further to its announcements on February 11, and 12, 2010,that the Company has closed a $350,000 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 [...]
Read the full article: "International Millennium Closes $350K..."
Monday, February 22, 2010
CROWFLIGHT MINERALS INC. (TSX:CML) reported that the company has closed its previously announced private placement financing for gross proceeds of approximately Cdn$11,552,000. The press release is quoted as saying: Crowflight Minerals Inc. (TSX:CML) is a Canadian junior mining company that owns the Bucko Lake Nickel Mine near Wabowden, Manitoba. The Company is also focused on [...]
Read the full article: "Crowflight Closes Private Placement Financing"
The Nickel Investing Glossary: This glossary covers investing in junior resource companies. For the experienced investor or the newbie, you should find everything you need here. If not, let us know and we’ll research and add what you’re looking for.
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Friday, February 26, 2010