News release – English – ROYAL NICKEL CORP.
Royal Nickel Corp. updated the Pre-Feasibility Study results for DUMONT, Canada.
Royal Nickel Corp. updated the Pre-Feasibility Study results for DUMONT, Canada.
A private club in Michigan's Upper Peninsula has filed a federal lawsuit to halt construction of a nickel and copper mine, saying Kennecott Eagle Minerals Co. did not obtain necessary federal permits.
Commodities rebounded on Monday after the huge selloff of the previous session, with nickel staging a big rally and bargain hunting lifting oil prices from their lows after investors shrugged off earlier fears about election outcomes in Europe.
More nickel coming onto the market from new or restarted mines is likely to depress the price of the metal used mainly in steelmaking, says Intierra:
Toronto-based First Nickel (TSX:FNI) had a good quarter, raising its production at the Lockerby mine 87% from Q4 2011.
Toronto-based Sherritt International had a rough quarter, revealing on Wednesday a 50% drop in earnings from $63 million to $32 million when measured against the same quarter of 2011.
Canadian First Nickel Inc (TSX:FNI) shares were down almost 22% this morning (11:11 ET) to 70 Canadian cents, after the company was ordered to stop work at its key mine Lockerby by The Ontario's Ministry of Labour over safety issues.
Anton Berlin, head of marketing for Norilsk, says if prices rise above $20,000 a tonne on the back of Indonesia’s proposed ban on the export of ore, many idled mines can re-open.
Vale — the second largest nickel producer in the world — plans to begin looking for nickel this year on the Melville Peninsula near Repulse Bay, Nunavut.
In January last year local radio broadcaster Gerry Ortega, who fought hard for a ban on mining on Palawan was slain and now the Philippines' Department of Justice asked for murder charges to be filed against former Palawan Governor Joel Reyes and four others in connection with his death.