Vale slashes iron ore production, trims nickel too
Saying that it is “adjusting to the new global economic scenario,” Vale (RIO-N) is dramatically scaling back its ir…
Nickel
Citigroup turns bearish across the board (October 31, 2008)
Vancouver – In a new commodity outlook Citigroup Global Markets predicts all base metal markets moving to surplus i…
Sherritt buckles down after strong Q3
Although Sherritt International (S-T) had a strong third quarter, the company says it will cut back on spending in …
Nemis resigns as Noront president and CEO; named chairman emeritus for life
Noront Resources (NOT-V, NOSOF-O) president and CEO Richard Nemis stepped down at the company’s annual meeting toda…
Noront, Rosseau agree on compromise board
A day before Noront Resources’ (NOT-V) annual shareholders’ meeting — where a dramatic proxy contest was set to de…
Noront CEO speaks out
In the midst of a proxy fight with a dissident shareholder, Noront Resources (NOT-V, NOSOF-o) has fired back with a positive scoping study for development of its Eagle One copper-nickel-platinum group…
Azimut on Ungava uranium hunt (October 27, 2008)
One thing you can’t say about Jean- Marc Lulin, president and CEO of Azimut Exploration (AZM-V, AZMTF-o), is that he thinks small. Under Lulin’s leadership, Azimut has become likely the largest claim …
Noront releases scoping study on Eagle One
In the midst of a proxy fight with a dissident shareholder, Noront Resources (NOT-V, NOSOF-O) has fired back with a…
FNX Mining suspends contact nickel production at Levack
The axe has fallen on yet another nickel producer. Low metal prices and high operating costs have been blamed for…
Noront hunkers down ahead of proxy battle
In the midst of a proxy fight with a dissident shareholder, the management of Noront Resources (NOT-V) took another…
First Nickel puts Lockerby on care and maintenance
Four days after Belvedere Resources (BEL-V) said low nickel prices had forced it to temporarily suspend developme…
Dissident shareholder looks to topple Noront board (October 20, 2008)
Charging that current management has “squandered” Noront Resources’ (NOT-V, NOSOF-o) first-mover advantage in the “Ring of Fire” area it discovered last year, shareholder Rosseau Asset Management is l…