Bolivia’s state-run Empresa Siderurgica Mutunhas has signed a $2.1bn (£1bn) deal with Indian firm Jindal Power & Steel to mine large deposits of iron.
President Evo Morales said the deal marked the largest foreign investment the central South American country.
The area to be mined, on Mount El Muntun near the border with Brazil, has 40 billion [...]

Canadian mining giant Barrick Gold used Prime Minister Stephen Harper’s visit Wednesday to do a little damage control on its controversial mining operation in the Andes.
With a ragtag group of protesters camped outside the company’s high-rise headquarters in the center of Santiago, a Barrick spokesman blamed “professional activists” for giving Barrick — and Canada — [...]

CROWFLIGHT MINERALS INC. is pleased to announce that it has acquired additional property adjacent to the former producing Manibridge Nickel Mine in the central portion of the Thompson Nickel Belt, approximately 15 kilometres south of its Bucko Lake Nickel project, currently under development.
Crowflight has added approximately 83 square kilometres (32 square miles) to its [...]

Australia’s Sally Malay Mining Ltd. said on Tuesday its output of contained nickel rose 17 percent in 2006/07 to 13,255 tonnes, while a ramp-up in production to more than 20,000 tonnes a year remained on track.
The Sally Malay project produced 8,010 tonnes of nickel in concentrate in 2006/07, while its 100 percent owned Lanfranchi JV [...]

Pacific Coast Nickel Corp. (formerly Fargo Capital Corp.) (FGO.P) announces that it has granted options to purchase 1,925,000 common shares to directors, officers, and consultants of the Company at a price of $0.60 per share for a period of five years, subject to the approval of the TSX Venture Exchange.
About Pacific Coast Nickel Corp.
Pacific Coast [...]

TSX has determined to defer its decision to delist Jaguar Nickel Inc.’s common shares (Symbol: JNI). TSX expects to render its decision whether to lift the continued listing review or delist the Company’s common shares no later than Friday April 4, 2008. Until such time, the Company’s common shares, which were being reviewed on an [...]

Great Western Exploration commenced a 75 line km ground Electromagnetic Survey carried out over the Mt Gibb and Hatters Hill projects in WA’s prominent Forrestania nickel region. The survey is designed to identify targets for deep drilling to establish the potential for new discoveries analogous to the Flying Fox and Diggers South nickel ore bodies. [...]

Parallel Petroleum Corporation has announced its estimated second quarter 2007 production, work-in-progress well operations, a change in its method of recognizing proved undeveloped (PUD) reserves related to its horizontal drilling gas projects and revised proved reserves as of March 31, 2007.
Estimated Second Quarter 2007 Production
Parallel’s estimated net daily production for the second quarter ended June [...]