Mining Weekly reports Victory Nickel (TSE:NI) has received a draft of the Environment Act Licence for its Minago nickel project in Canada.
Archive for June, 2011
Nordex Explosives Ltd. (CVE:NXX) reports it will supply First Nickel Inc.(TSE:FNI) with explosive products for their mine in Canada.
CaNickel Mining Limited (TSE:CML) reports the drilling results from the 2011 winter drilling program at the M11A area, a deposit in Manitoba.
Horizonte Minerals (TSE:HZM,AIM:HZM) reports Mr. Paul Nagerl is their new General [Exploration] Manager in Brazil.
Nickel is projected to be in a surplus over the next year and a half, as weak stainless steel demand has caused cuts in production. There are supporting factors as the market heads for its bottom.
Bloomberg reports that Jinchuan Group Co. may outbid Vale SA (NYSE:VALE) for Metorex Ltd. (PINK:MRXLY).
Bloomberg reports base metals are up as investors remain hopeful that Greece won’t default and increased confidence in the economy.
Victory Nickel Inc. (TSE:NI) reports on analytical results from five holes drilled in the north limb of its nickel-mineralized domain at its Minago Nickel project.
The Sydney Morning Herald reports that commodities prices were mostly down today including oil, nickel and gold.
Seeking Alpha reports nickel is the year-to-date worst performer on the London metals market suggesting it may be a sign of what’s to come for other base metals.