Fox Resources Ltd (FXR) is now discussing about the Radio Hill nickel/copper project, in Western Australia with China’s Jinchuan Group. The project is now on care and maintenance status. Fox chairperson Terry Streeter is quoted saying; “The company is buoyed by the fact that Jinchuan remains a key strategic alliance for Fox and intends to [...]
Mincor, an Australian nickel-miner has confirmed that they will pursue the production at its flagship Miitel nickel mine, in Western Australia. Ramp up will start by June and is expected to be in full production by July of 2010. MD David Moore is quoted saying: “Not only does this increase the existing Miital ore reserves [...]
Mincor Resources NL, an Australian nickel producer that supplies BHP Billiton Ltd., declared an 82 percent dip in second-half profit after prices tumbled. For full story, click here
Australian nickel mining company Mincor Resources NL declared today that its nickel offtake customer, BHP Billiton, had, as expected, exercised its option to extend the Ore Tolling and Concentrate Purchase Agreements with Mincor for a further nine years, to 27 February 2019. For full story, click here
Western Areas NL confirmed Wednesday it would develop the Spotted Quoll discovery to double output through the company’s regional Cosmic Boy nickel concentrator to a target 20,000 tonnes of contained nickel next year. For full story, click here
Mirabela Nickel Ltd. surged that it has raised A$50.5 million from the Australian component of its previously announced equity raising. For full story. click here
Mining Journal declared that China Minmetals Corp, the nation biggest metals trader is studying the restart of the Avebury nickel mine in Australia after a rebound in prices. For full story, click here
Australian Associated Press declared that Xstrata has surged nickel production at its Australian operations by 185% YoY during the first half of calendar 2009 as compared to the same period a year earlier. For full story, click here
Banggai district in Southeast Sulawesi has exported 189,056 metric tons of nickel to Australia and China over the past two years until the first semester of this year. For full story, click here
Mincor Resources NL, Australia’s fourth-largest nickel producer, gained the most in two months in Sydney trading after announcing cost cuts and higher production. For full story, click here
Thursday, May 20, 2010