Pacific North West Capital Corp. and Benton Resources Corp. are pleased to announce that drilling has commenced on the Heenan Property’s Hussey-Aube gold zone which is part of the Benton-PFN joint venture in the Swayze Greenstone Belt, southwest of Timmins, Ontario. Gold mineralization was first discovered by prospectors J. Hussey and A. Aube in 1997 [...]
Pacific North West Capital Corp. and First Nickel Inc. report the commencement of surface mapping and sampling programs, designed to verify the several geophysical electromagnetic anomalies identified by an earlier Aeroquest AEM survey. All work is being undertaken on mining claims currently held by either First Nickel or PFN that constitute the Raglan Hills Joint [...]
Beartooth Platinum Corporation announce the start up of the 2008 drilling program at their Stillwater property, located in south central Montana, USA.
The program will consist of multiple core holes located perpendicular to the 15 km soil geochemical anomaly identified during the 2006 field program.
Preliminary results are expected in the fourth quarter of the year.
Beartooth Platinum [...]
OJSC MMC Norilsk Nickel announced that Norilsk Nickel’s proposed acquisition of control of LionOre Mining International Ltd. (Nachrichten) (”LionOre”) (Toronto Stock Exchange symbol: “LIM”; London Stock Exchange symbol: “LOR”; Botswana Stock Exchange symbol: “LIONORE”), which was notified in Norway on May 21, 2007, has been approved under the Norwegian Competition Act of 5 March 2004 [...]
The changing situation of the Derby fire in Stillwater and Sweet Grass counties has prompted Stillwater Mining Company management to take precautionary measures and cancel the night shift August 30th for employees at the Stillwater Mine, near Nye, Montana.
While there is no imminent threat to the Stillwater Mine, the safety of the employees is the [...]
OAO MMC Norilsk Nickel (RTS: GMKN) produced 121,000 tonnes of nickel, 218,000 tonnes of copper, 1.656 million troy ounces of palladium and 398,000 ounces of platinum group metals in the first half of 2006, according to preliminary information, the company said in a statement.
In the first half of 2005 the company produced 120,000 tonnes of [...]
Norilsk Nickel [RTS:GMKN] has upwardly revised its 2006 forecast for palladium production to 3.05 mln-3.1 mln ounces (95-96 metric tons) and platinum production to 720,000-730,000 ounces (22-23 m/t), the Russian metals giant said Friday.
The 2006 nickel and copper forecast remained unchanged: nickel at 243,000-248,000 m/t and copper at 422,000-427,000 m/t.
The company said it had produced [...]
Mining and Metallurgical Company (MMC) Norilsk Nickel (“The Companyâ€) announces preliminary consolidated production figures of its Polar Division and Kola MMC for the first half of 2006.
Tav Morgan, Deputy General Director of MMC Norilsk Nickel, announced that the Company fulfilled its second quarter and first half 2006 production plan for nickel and copper, producing 61 [...]
