Norilsk Board Approves Investment Plan
Reuters Africa reported Norilsk Nickel (LSE:MNOD) has approved a $3 billion plan for development and production at its mines.
Archive for December, 2011
CaNickel to Reduce Mining Operations
CaNickel Mining Ltd. (TSX:CML) announced mining operations at its Bucko Lake Mine will be scaled down in order to reduce costs and save money.
Areva in Talks to Sell Eramet
Mineweb reported Areva (EPA:AREVA) is in exclusive negotiations with FSI for the sale of its 26 percent stake of Eramet (EPA:ERA).
Base Metals: Nickel Untraded On Wednesday
Reuters Africa reported base metals mostly fell on Wednesday as nickel remained untraded.
Areva in Talks to Sell Eramet
Reuters India reported Areva (EPA:AREVA) is in exclusive talks with France’s sovereign wealth fund FSI to sell their stake in Eramet (EPA:ERA).
Papau New Guinea Okays Ramu Nickel Mine Ocean Dumping
Reuters reported a move to block deep sea dumping of waste from the Ramu nickel mine in Papua New Guinea has been rejected in an appeals court.
Horizonte Reports Update on Nickel Project
Horizonte Minerals (TSX:HZM,LSE:HZM) reported an update on exploration activities at the Araguaia nickel project.
World Bank Invests in Nickel Project on Ivory Coast
Reuters Africa reported the International Finance Corp said it will invest in a nickel and copper exploration project in Ivory Coast.
Indonesian Nickel Producers Stocks Advance
Bloomberg reported nickel producers stocks rose as the Jakarta Composite index also rose 1.1 percent to 3,794.27.
Pure Nickel Update on MAN Project
Pure Nickel Inc. (TSX:NIC) reported results from its 2011 exploration program at the MAN project in Alaska.
