nickel miner

Results 1 - 10 of about 31 news for the tag: nickel miner.

Colombia nickel miners accept offer to end strike

March 31st, 2008

Unionized workers at Colombia’s Cerro Matoso ferronickel mine accepted a company offer on Sunday to end a four-week strike that has hit global nickel prices, a labor union leader said.
BHP Billiton , which operates the mine in northern province of Cordoba, declared force majeure on Friday on nickel deliveries from Cerro Matoso because of the [...]

Chinese nickel producer takes WA stake

March 31st, 2008

China’s largest nickel producer, Jinchuan Group Ltd, has taken a 11 per cent equity stake in Perth-headquartered nickel explorer and producer Fox Resources Ltd.
The news sent Fox shares north, up 15 cents, or 30.93 per cent, to 63.5 cents at 1229 AEDT on Monday.
Jinchuan secured statutory approvals from the Chinese Government and the Provincial Government [...]

Victory Nickel Defines Deep Drill Targets with Geophysics at Minago Project

March 21st, 2008

Victory Nickel Inc. (”Victory Nickel” or the “Company”)(TSX:NI - News; www.victorynickel.ca) today announced that recent re-interpretation of an airborne electromagnetic and magnetic survey identifies drill targets at the Minago nickel project extending to a vertical depth in excess of 1.5 kilometres and confirms the potential for a continuous mineralized body linking the Nose Deposit and [...]

Zinifex wins control of Allegiance Mining

March 19th, 2008

ZINIFEX Ltd has prevailed with its $790 million, three-month takeover battle for Allegiance Mining NL, announcing it has gained control of the nickel miner.
Lead and zinc miner Zinifex, which was born from the ashes of the failed Pasminco Ltd, said it had increased its stake in Allegiance to 51.1 per cent from 44.78 per cent [...]

Broad Investments Announces New Nickel Tenement Acquisition Ahead of Pangaea Float

March 19th, 2008

Broad Investments advised that its mining exploration subsidiary, Pangaea Metals, has entered an agreement to acquire a second tenement within its Cardiff Castle project area, which is immediately to the south of Widgiemooltha in the Eastern Goldfields of WA. The ultramafic rocks that flank the Widgiemooltha Dome are highly prospective for nickel mineralisation and host [...]

Nickel’s golden sheen starts to dim

June 17th, 2007

Recent decreases in the price of nickel do not signal a break in the extraordinary times enjoyed by the industry, including Greater Sudbury miners, observers say.
“The fundamental market, the premiums in the nickel business are still holding up very strong. They haven’t changed at all,” Montreal-based nickel analyst Terry Ortslan said Friday.
After falling below US [...]

Strongbow Commences Drilling at Nickel King, NWT

March 23rd, 2007

Strongbow Exploration Inc. is pleased to announce that drilling and ground geophysical surveys are underway at the Company’s 100% owned Nickel King project, NWT. The purpose of this drilling program will be to test at least three sulphide nickel targets defined by a recently completed airborne geophysical survey. The three priority targets include:
- Main Zone [...]

Iron Ore Miner CVRD’s 4th-Quarter Profit Up 28 Percent; 2006 Profit Soars 29 Percent

March 8th, 2007

Profits at CVRD, the world’s largest iron ore miner, soared 28 percent in the fourth quarter amid seemingly insatiable global demand for the raw ingredient used to make steel, the company said Wednesday. The miner’s profits for all of 2006 rose 29 percent compared with the year before.
Companhia Vale do Rio Doce SA earned 3.4 [...]

Independent Nickel Corp. Provides Update For the Lynn Lake Nickel Mine

January 18th, 2007

Independent Nickel Corp. is providing an update on the Company’s activities at the Lynn Lake Nickel mine Property.
With the completion of recent financings, the Company is now funded to begin a large scope exploration program at the Lynn Lake nickel mine. The Company has signed a contract for 20,000 metres of diamond drilling with Foraco [...]

Sally Malay pulls out of nickel JV

January 2nd, 2007

Australian nickel miner, Sally Malay Mining Ltd has withdrawn from a joint venture with Navigator Resources Ltd over the Wills Creek nickel project in Western Australia`s East Kimberley region.
Sally Malay invested A$1.5 million in Wills Creek in the three years from 2004 for which it was entitled to a 70% cut in future profits from [...]