First Nickel locks gates to Sudbury mine
Three dozen miners out of work, as low metals prices shutter operation earlier than expected.
Three dozen miners out of work, as low metals prices shutter operation earlier than expected.
Bourevestnik, Inc. has won the tender of OJSC MMC Norilsk Nickel for the supply of 5 X-ray slurry analyzers for Talnah concentrating mill.
Judge also orders compensation for indigenous people in the region following protests at mine responsible for 9% of Brazilian giant's nickel output.
This trailblazing company is ahead of the game in the fastest growing region in the world.
Base metals prices are feeling the undertow but Stefan Ioannou, mining analyst with Haywood Securities, says that this is temporary—and that investors may not have to wait long for the next wave of higher zinc and nickel prices.
Letter of intent signed with Orion Mine Finance
Final regulatory hurdle before construction can start at $2.8 billion nickel project in Quebec, Canada.
The company said the mine will either be put on "care and maintenance" for a possible restart or closed.
On Thursday the stock lost over 7%, closing at 18.30 pounds, after having skyrocketed almost 120% from May 22 to May 26.
The new Mining Power Rankings are live. Vote for the sector’s leaders in each of the Large-, Small-, and Micro-Cap leagues.