Vancouver – Australia-based Mirabela Nickel (MNB-T, MBN-A) is planning to raise US$375 million in senior notes to pay debt, end hedges and continue with ramp up of its sizable Santa Rita nickel mine in eastern Brazil.
On paper, Royal Nickel (RNX-T) looks like a winning combination: A management and advisory team stacked with former Inco guys and seven billion pounds of nickel in the ground in Quebec’s Abitibi region, one of the friendliest mining…
The outlook for base metals prices looked equally bright to the next set of speakers at the opening technical session “Commodities and Market Outlook” of the Prospectors and Developers of Canada convention in Toronto.
On paper Royal Nickel (RNX-T) looks like a winning combination: A management and advisory team stacked with former Inco guys and seven billion pounds of nickel in the ground in the Abitibi region of Quebec, one of the friendliest mining…
The proposed merger of Inmet Mining (imn-t, iemf-o) and Lundin Mining (lun-t), which both companies describe as a “merger of equals,” would create a large base-metal producer in Canada that would replace the likes of those that Canada has lost…
The first week of 2011 saw the public release of a candid and rather damning report by a Newfoundland and Labrador government-appointed commission on the 17-month strike by 120 members of United Steelworkers Local 9508 at Vale’s Voisey’s Bay…
In a significant land consolidation move, Duluth Metals (dm-t) has agreed to buy Franconia Minerals (fra-t) for $77 million.A map of the two companies’ claims shows obvious synergies, with Franconia’s land package filling the holes between…
The first week of 2011 saw the public release of a candid and rather damning report by a Newfoundland & Labrador government-appointed commission on the 17-month strike by 120 members of United Steelworkers Local 9508 at Vale’s Voisey’s Bay…
After starting nickel production last April at the Tim King open-pit mine, part of Western Areas’ (wsa-t, wsa-a) Spotted Quoll deposit about 400 km east of Perth, the company has decided to mine underground, too. The nickel sulphide explorer…
Vancouver – In a significant land consolidation, Duluth Metals (DM-T) has reached an agreement to acquire Franconia Minerals (FRA-T) in a $77 million deal.
After starting nickel production in April at the Tim King open-pit mine, part of Western Areas’ (WSA-T, WSA-A) Spotted Knoll deposit about 400 km east of Perth, the company has decided to proceed with an underground mine too.
Vancouver – PolyMet Mining (POM-T, PLM-X) has agreed to sell US$30 million worth of shares to Glencore International as it works towards securing final permitting of its NorthMet open pit project in northeastern Minnesota.
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