Belvedere Resources Ltd. BEL:TSX-V announces that further to its announcement on 15th October, it will be extending temporary dismissal notices to a further 65 employees at its Hitura Nickel Mine. The notices allow the company to commence temporary dismissals from early December. At any time within 90 days of the notification, the company has the [...]
Belvedere Resources Ltd. announce that the Eastern Finland Environmental Permit Authority has today granted an environmental permit for mining and ore concentration at Belvedere’s Luikonlahti Mill complex in eastern Finland.
The mill was purchased by Belvedere in October 2007, and when re-commissioning is completed, will form the nucleus of the Kotalahti Production Centre in Central Finland. [...]
Belvedere Resources Ltd. announces that due to the recent heavy fall in nickel prices, a program to further reduce operating costs has been initiated at its Hitura Nickel Mine. From 2nd November, 2008 all mine development work will be suspended. Mine production can continue at normal production rates for a further 3- 6 months without [...]
BacTech Mining Corporation announced that it has signed a Memorandum of Understanding with Gold Bullion Development Corp. of Cobalt, Ontario. The basis of the agreement entails BacTech investigating the use of its proprietary bioleaching technology to treat certain tailings in the Cobalt Camp in northeastern Ontario for the recovery of cobalt and silver. In addition, [...]
Emerging nickel producer Nickelore Limited (ASX: NIO.AX) is pleased to announce completion of the Share Purchase Plan, which raised a total of $0.25 million via the issue of 3,621,467 fully paid ordinary shares. In addition, the Company has raised a further $0.27 million from the sale of listed investments at a profit.
The Company previously announced [...]
Emerging nickel producer Nickelore Ltd is pleased to announce that it has raised a total of A$1.02 million from a sale of the nickel rights in the Bardoc Nickel Project (BNP) to Minara Resources Limited (ASX: MRE.AX), and a small capital raising book build. The purchase agreement signed today is expected to complete on 4 [...]
Australia’s Allegiance Mining NL said on Monday it has stockpiled 10,000 tonnes of nickel-bearing ore and is on track to start milling operations at its Tasmanian project in the fourth quarter of calendar 2007.
Allegiance is developing its Avebury mine 7 km (4 miles) outside the mining town of Zeehan on Australia’s Tasmania island.
It plans to [...]
LionOre has selected Rand Merchant Bank (RMB) as the sole underwriter for a non-recourse nine and a half year US $250 million (P1.5 billion) project funding package for the Tati Nickel Activox and DMS Projects in Botswana.
In a press release on its website Lion Ore revealed that the remaining funding required, which is around US [...]
LionOre has selected Rand Merchant Bank (RMB) as the sole underwriter for a non-recourse nine and a half year US $250 million (P1.5 billion) project funding package for the Tati Nickel Activox and DMS Projects in Botswana.
In a press release on its website Lion Ore revealed that the remaining funding required, which is around US [...]
Gladstone Pacific Nickel Limited (ACN 104 261 887) (“GPNL†or the “Companyâ€) is pleased to report the signing of a binding Heads of Agreement that secures substantial long-term limonite nickel ore supply from New Caledonia. GPNL has entered into the heads of agreement with Société des Mines de la Tontouta (“SMTâ€), a company that owns [...]
