Duluth Metals’ Nokomis economic, despite low metal prices
A preliminary economic assessment for Duluth Metals’ (DM-T, DM.U-T) enormous poly-metallic Nokomis deposit in…
Nickel
Citigroup turns bearish across the board (November 17, 2008)
Vancouver– In a new commodity outlook Citigroup Global Markets predicts all base metal markets moving to surplus in 2009, meaning trough cycle prices will dominate through 2009.
Arctic Star Diamond pushes ahead with nickel discovery
Sometimes exploration is like opening a box of chocolates — you never quite know what you’re going to get &n…
Vale slashes iron ore production, trims nickel output
Saying that it is “adjusting to the new global economic scenario,” iron ore giant Vale (RIO-n) is dramatically scaling back its iron ore mining in Brazil in order to cope with an estimated 20% product…
Liberty shuts down nickel mines
Vancouver — Its Redstone mine has been in production for just over a year and its McWatters mine is in preproduction ramp-up, but falling nickel prices have forced Liberty Mines (LBE-t) to put both o…
Editorial: Vale goes easy on Canadian mines
The week ended Nov. 1, the 44th trading week of 2008, was characterized by some relative calm in the global financial markets after seven weeks of incredible turmoil.
Nickel conference seeks clarity on prices
It’s been a pretty wild ride for nickel producers. Over the last eighteen months, nickel values have been erode…
Pure Nickel makes deal with Japanese group
A major Japanese conglomerate has agreed to invest up to $40 million in Pure Nickel’s (NIC-T, PNCKF-O) MAN project …
Liberty puts its nickel operations on care and maintenance
Vancouver – Its Redstone mine has been in production for just over a year and its McWatters mine is in pre-producti…
Belvedere suspends development at Hitura
Plunging nickel prices have forced Belvedere Resources (BEL-V, BLVDF-o) to suspend operations at its Hitura nickel mine, in Finland.
First Nickel, FNX add to mine closure list
In the wake of crumbling nickel prices and mine closures, development has been temporarily suspended at a string of nickel projects, among them, First Nickel’s (FNI-T, FNKLF-o) Lockerby mine and FNX M…
Noront, Rosseau settle ahead of proxy battle
Noront Resources (NOT-V, NOSOF-o) president and CEO Richard Nemis stepped down at the company’s annual meeting on Oct. 28, but he wasn’t denied a proper send off at the at-times emotional meeting, rec…