Globe and Mail reported Xstrata (LSE:XTA) and Glencore (LSE:GLEN) are discussing the possibility of a merger giving Xstrata control of a nickel mine in Canada.
Noront Resources Ltd (TSXV:NOT) is an exploration company focused on developing its multi-metal discoveries in the Ring of Fire of northern Ontario, Canada. Noront is the largest landholder in the Ring of Fire with properties that host high-grade nickel-copper-platinum-palladium, chromium, gold, and vanadium deposits.
Platts reported China's Jilin Nickel expects to start its 11,700 mt/year nickel mine in Quebec, Canada, by 2012.
Ring of Fire Resources Inc. (TSXV:ROF,FRA:RG5) announced it has closed transactions with Franco-Nevada and has completed the purchase of Project 81.
Victory Nickel Inc. (TSE:NI) announced its Board of Directors has approved the development of the Minago sulphide nickel mine in Canada.
UC Resources Ltd. (CVE:UC) reports on the drilling of a recently discovered anomaly in the McFaulds lake area of the "Ring of Fire" in Ontario.
OroAndes Resource Corp. (CVE:OAR) reports on the exploration program on the Kilometer 26 nickel-gold project in central British Columbia.
The Quebec Mineral Exploration Association reports it proposed the government of Quebec create a Committee to Develop Mineral Resources.
Mineweb reports HudBay (TSE:HBM) sold the eastern Guatemalan nickel operation to Russia's Solway Group for $170 million.
Pure Nickel Inc. (TSE:NIC,OTC:PNCKF) reports it has reached an agreement with Skye Mineral Partners, LLC regarding a copper project in Utah.
Thursday, February 2, 2012