Canadian Arrow Mines could soon be mining nickel again at its Kelex and Alexo mines near Timmins, Ontario. The Toronto-listed company (TSX-V:CRO) has received regulatory approvals to resume production with a small-tonnage, open-pit operation at the Kelex Central West pit, which was exposed, but only superficially mined, before suspension of production in 2005 due to nickel prices falling below US$5/lb.
A dispute in the north of New Caledonia has stopped the export of nickel ore from the SMSP site to its South Korean partner, Posco. Members of the Kaala-Gomen tribe claim that the United Nations Declaration on the Rights of Indigenous Peoples provides for them to have a share of the profit drawn from mining.
The board of Norilsk Nickel , the world's largest nickel and palladium producer, approved on Tuesday a public buyback of its shares at $306 per ordinary share and $30.6 per ADR.
10-SEP-2011 Intellasia | Jakarta Globe Free newsletter - click here In a move expected to give eastern Indonesia an economic boost, a French mining group plans to invest in a nickel mining project in North Malaku. "Eramet will have spent around $450
The Columbus Republic reports opponents of a planned nickel and copper mine in Michigan's Upper Peninsula are asking a judge to put a state-issued permit for the project on hold ahead of initial blasting expected later this month. Four organizations have asked a judge to issue a stay while considering an appeal of the Department of Environmental Quality's 2007 decision to grant Kennecott Eagle Minerals, a subsidiary of Rio Tinto, a permit. Kennecott Eagle is targeting an underground ore deposit that would be the only US mine where nickel is the primary mineral generated instead of a byproduct. The mine could yield up to 300 million pounds of nickel and about 200 million pounds of copper.
Reuters reported that the National Union of Mineworkers plans to begin a strike at African Rainbow Minerals' Nkomati Nickel mine on September 5th 2011. The trade union is striking over wages.
Bloomberg reported that orders to draw nickel from stockpiles monitored by the London Metal Exchange rose to the highest level since April 2011 on gains in Singapore and Rotterdam.
- European Nickel PLC (the "Company") (AIM, PLUS, ASX: ENK) is pleased to announce that, effective today, it has changed its name to ENK PLC following approval at the Company's AGM, held on 30 August 2011. There is no change to the London Stock Exchange
KOFU-SHI, JAPAN--(Marketwire - Aug 30, 2011) – Researched by Industrial Info Resources East Asia (Kofu-shi, Japan) -- Southeast Asia metals and minerals projects currently account for approximately 5% of Industrial Info's global capital Metals & Minerals Industry coverage, representing more than $100 billion in capital investments
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 30, 2011) - North American Nickel Inc. ("NAN") (TSX VENTURE:NAN)(OTCBB:WSCRF) (CUSIP: 65704T 108) is pleased to announce that it has commenced a field campaign to evaluate prospective areas within its 4,841 km2exclusive mineral exploration licence. Electromagnetic anomalies, identified from a recent re-interpretation of a 1995 GeoTEM fixed wing survey, along with other areas of interest derived from compilation of previous work and satellite imagery will be ground checked in order to prioritize areas for helicopter borne time domain electromagnetic (TEM) surveying planned for September and October.
The new Mining Power Rankings are live. Vote for the sector’s leaders in each of the Large-, Small-, and Micro-Cap leagues.