PROJECT UPDATE: Royal Nickel Signs $15-million Royalty Deal
Royal Nickel's Dumont project in the Abitibi region of Quebec was given a boost today with the announcement of a royalty purchase agreement with RK Mine Finance (Red Kite).
Articles Tagged "canada"
Inmet Board Recommends Shareholders Tender Shares to First Quantum Offer
Inmet Mining Corporation (TSX:IMN), an international nickel mining company, announced that the company’s Board of Directors recommends that shareholders tender shares to First Quantum’s extended offer before 5PM (EST) on April 1, 2013.
First Quantum Considers Investing $275M in Zambia Nickel Mine
Mining Weekly reported that Canadian mining firm, First Quantum Minerals, plans to invest $275 million in a nickel mine located in Zambia.
Zara Obtains Claims for Pigeon River from Pele
Zara Resources Inc. (CNSX:ZRI) and Pele Mountain Resources (TSX:GEM) have announced the execution of an agreement in which Zara will purchase 100% of the Pigeon River claims from Pele for $700,000. Pigeon River has an unexplored magnetic target which may potentially host nickel and other mineralization.
First Point Minerals Provides Additional Results for Decar Nickel-Iron Alloy Project
First Point Minerals Corp. (TSXV:FPX) announced further results for 15 of the 27 definition holes completed during the 2012 drilling campaign at its British Columbia-based Decar nickel-iron alloy project.
Inmet Mining Corp Shares Fall 5%, Denies Takeover Talks
Reuters reported Canada's Inmet Mining Corp (TSX:IMN) denies that it is in takeover talks following a drop in shares by 5% and a report in The Daily Mail.
Nunavik Nickel Project Nearing Production
A new ice-breaking bulk freighter that will link the mine to European markets is slated to be delivered next year.
Nickel North’s Airborne Electromagnetic Survey Results At Hawk Ridge
Nickel North Exploration Corp. (TSXV:NNX) announced results from an airborne electromagnetic survey at the Hawk Ridge nickel-copper-platinum group elements in Canada.
Vale Will Close Frood Nickel And Copper Mine
CNBC reported Vale (SAO:VALE5) says it will close its Frood nickel and copper mine in Canada.
First Nickel Announces Third Quarter Production
First Nickel Inc. (TSX:FNI) announced its preliminary third quarter production numbers for the Lockerby mine in Canada.
