Tag Archive | "resource"

First Nickel has arranged $10 mln convertible working capital

Thursday, June 18, 2009

First Nickel Inc. declared that it has entered into a commitment letter with Resource Capital Fund IV L.P. for a US$10 million convertible working capital facility maturing on December 31, 2013. For full story, click here

First Nickel has declared arrangement of $10 mln convertible working capital facility

Wednesday, June 17, 2009

First Nickel Inc. declared that it has entered into a commitment letter with Resource Capital Fund IV L.P. for a US$10 million convertible working capital facility maturing on December 31, 2013. For full story, click here

Duluth Metals – Low Cost Production Potential

Monday, February 23, 2009

Overview Based on Indicated and Inferred Resources for the Nokomis Deposit, the Nokomis Deposit ranks as one of the largest Polymetallic Resources to be discovered in North America in decades containing a higher than average grade for deposits within the Duluth Complex. The Nokomis Deposit is located in Northeastern Minnesota, southeast of the town of [...]

Lack of purchases halt nickel

Wednesday, February 4, 2009

By Leia Michele Toovey- Exclusive to Nickel Investing News Nickel prices entered the New Year with upward momentum, as the annual commodity index rebalancing was positive for the base metals. Now, it is one month into the year and the gains have halted.  London Metal Exchange three-month nickel closed Friday at US$11,150 a metric tonne, [...]

Bold Ventures – The Star of the Ring

Monday, January 12, 2009

Overview Bold Ventures Inc. (BOL: TSX.V) is an exploration company with three Canadian projects. The Company’s main emphasis is on two Nickel-Copper-PGE exploration properties located in the McFaulds Lake area ‘Ring of Fire’. In addition, Bold continues to actively investigate additional opportunities in the ‘Ring of Fire’ area. Investment Highlights: Option agreement with Noront Resources [...]

Nickel industry faces delays

Thursday, December 4, 2008

By Leia Michele Toovey- Exclusive to Nickel Investing News The sharp retreat in the price of nickel in 2008 as demand from the key stainless steel sector plummeted has forced several producers to curb output or defer projects. So far, in 2008, and extending into 2009, mines in Australia, Canada, Finland, Africa and Asia have [...]

Mining giants feel the pinch

Thursday, November 20, 2008

By Leia Michele Toovey- Exclusive to Nickel Investing News The mining giants that feed the world’s appetite for iron, copper and other industry staples earned piles of money as commodities prices soared the past.  Now, they are facing a much different situation.  Across the board metals prices have plunged.  Right now on the London Metal [...]

Miners adjust operations to cope with low nickel prices

Wednesday, October 29, 2008

By Leia Michele Toovey- Exclusive to Nickel Investing News The price of nickel used in stainless steel has slumped more than 60 per cent from the beginning of this year and some mining companies have been forced to cut back output or delay projects as prices have fallen below the marginal cost of production. Nickel [...]

Have nickel prices bottomed out?

Wednesday, October 15, 2008

By Leia Michele Toovey- Exclusive to Nickel Investing News It is no secret that there has been a big price crash in industrial metal prices this year, and nickel took the biggest hit. But nickel’s poor performance may mean that it will be the first to pull itself out of troubles. We all know that [...]

Nickel takes an upward swing

Monday, October 13, 2008

By Leia Michele Toovey- Exclusive to Nickel Investing News On Monday, LME Nickel was on the upside with prices jumping 5.5 per cent. Nickel was just one of the metals that rallied on Monday, after news that there would be coordinated steps taken outside the US to combat a global recession. Nickel for three-month delivery [...]

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