Archive for the ‘Nickel Mining’ Category

Wallbridge Mining Begins Exploration on Copper-Zinc and Nickel Targets in North-eastern Ontario

Wallbridge Mining Company Limited is pleased to announce exploration plans for copper-zinc and nickel targets on two claim groups located in north-eastern Ontario. The copper-zinc and nickel properties are located within Wallbridge’s Shipley and Hong Kong Township claim groups, approximately 10 kilometres southeast of Sultan, and about 100 kilometres north-west of Sudbury, Ontario. Both properties [...]

Wednesday, July 23rd, 2008

AMR Outlines Export Tariff Increase Impact on Ban Phuc Nickel Project

Asian Mineral Resources Limited announced the steps it plans to take to deal with the impact on its Ban Phuc nickel project of the recently announced increase to 20% in the Vietnamese export tariff on nickel concentrates.
AMR has initiated discussions with the appropriate Vietnamese governmental authorities and has begun enlisting the support of other interested [...]

Tuesday, July 22nd, 2008

Gladstone Pacific Nickel Limited Signing of New Agreements with Clive Palmer - Notice of EGM

The Board of Gladstone Pacific Nickel Limited announces that GPNL has entered into agreements to acquire 100% of the issued share capital of Egidia Pty Ltd (”Egidia”) and Dasines Pty Ltd (”Dasines”) (the “Acquisitions”), companies owned 100% by Mr Clive Palmer, in consideration for the issue of GPNL Shares representing a minimum of 50% of [...]

Tuesday, July 22nd, 2008

Platinum group Metals Corp had Oriental Paninsula Resourses Group Inc investigated

Oriental Paninsula Resourses Group Inc or known is about to be investigated by the Philippine Stock Exchange. The investigation is done on request by Nickel mining firm Platinum Group Metal Corp Inc. PGMC requested that the PSE investigate and suspend the trading of its shares for persisting to conduct mining operations in Palawan despite [...]

Wednesday, July 16th, 2008

Allegheny Technologies Second Quarter 2008 Earnings To Be Better Than Expected

Allegheny Technologies Incorporated expects second quarter 2008 earnings to be in the range of $1.65 to $1.67 per share, including a $0.11 per share one-time net tax benefit. ATI had previously said that it expected second quarter earnings to be somewhat higher than the $1.40 per share achieved in the first quarter 2008.
“ATI is benefiting [...]

Monday, July 14th, 2008

Albidon says Munali Nickel Project delivers first concentrate

Albidon Ltd. said its first nickel-copper-cobalt-PGM concentrate has been produced at Munali Nickel Project located near south of Zambia’s capital city Lusaka.
The mining company said saleable nickel-copper-cobalt-PGM concentrate is currently being stockpiled ahead of collection for smelting by Jinchuan Group.
It also added its focus is now to complete commissioning of the concentrator and increase concentrate [...]

Wednesday, July 2nd, 2008

Oroya Mining Announces Drilling to Commence at Roe Hills Nickel Project

Oroya Mining announced its farm in and JV partner in the Roe Hills Nickel Project, Vale Inco, a wholly owned subsidiary of Vale, has advised that approx 1,300m of diamond drilling is scheduled to commence on 10 July 2008. The Company reported ground EM (MLEM) has commenced at Roe 1 and north of Talc Lake [...]

Wednesday, July 2nd, 2008

Argonaut Resources Announces Further Upgrade for Argonaut Nickel Discovery in Laos

Argonaut Resources announced the highest nickel grade intercepts to date at the Company’s Century tenement in Laos. The latest results include trenching intercepts of up to 22m at 1.0% Nickel across disseminated nickel sulphide mineralisation at the Nam Hone East prospect on the Century tenement. The Company is planning a concentrated drilling program on the [...]

Wednesday, June 11th, 2008

Norilsk Nickel foresees lower IFRS-based annual net profit

Norilsk Nickel expects its net profit under IFRS to slide to $5.3bn in 2007 from $5.96bn posted for the previous year, the Russian precious metals producer said in a memo prepared for the company’s annual general shareholders’ meeting scheduled for June 30. Meanwhile, the document states that, net of damage to business reputation, Norilsk Nickel’s [...]

Tuesday, June 10th, 2008

Great Western Minerals Group Signs Letter of Intent to Acquire Less Common Metals Ltd.

Great Western Minerals Group Ltd. is pleased to announce that it has signed a non-binding Letter of Intent to acquire all of the issued and outstanding shares of Less Common Metals Ltd. (”LCM”) of Birkenhead, United Kingdom, subject to the required regulatory approvals in the UK and Canada. The purchase price of this acquisition is [...]

Monday, June 9th, 2008