Balmoral delivers more high-grade nickel-PGMs at Grasset
Balmoral Resources’ (TSX: BAR) latest drill results provide further confirmation of new high-grade discovery at its Grasset nickel-copper-PGM project in Quebec, 600 km northwest of Montreal.
Nickel
Price tag for Duluth’s Twin Metals nears US$3B
The release of a prefeasibility study estimating that its Twin Metals copper-nickel-platinum group metals joint-venture project would cost US$2.8 billion to build sent Duluth Metals (TSX: DM; USOTC: DULMF) shares tumbling by more than 25%.
BHP plans spinoff to focus on ‘four pillars’
With a spinoff of its aluminum, manganese, nickel, silver and some of its non-core coal assets, BHP Billiton (LSE: BLT; ASX: BHP; NYSE: BHP) is driving to simplify its portfolio.
Problems at Ambatovy hurt Sherritt’s Q2 earnings
Sherritt International (TSX: S; US-OTC: SHERF) reported a $30.1-million net loss in the second quarter, largely due to its Ambatovy joint-venture nickel–cobalt project in Madagascar, where it reduced the project’s annual…
Wellgreen Platinum grows PGM resource in Yukon
VANCOUVER — It’s been a busy couple of years for explorer Wellgreen Platinum (TSXV: WG; US-OTC: WGPLF) as it develops its wholly owned Wellgreen platinum group metals (PGM) deposit in Yukon’s southwest corner. The company has…
Donner Metals acquires Preissac nickel-copper-PGM property
If you want to find nickel mineralization in Quebec, probably one good place to start is near the past-producing Marbridge nickel mine — the only mine to have produced nickel in the Abitibi region and the first nickel sulphide…
Lundin on track at Eagle in the UP, responds to acquisition speculation
VANCOUVER — Lundin Mining (TSX: LUN; US-OTC: LUNMF) looks to be on point at its newest acquisition, namely the Eagle nickel–copper mine, 45 km northwest of Marquette, Mich. The base metal miner picked up the asset from Rio…
Victory enters frac sand fray with Seven Persons plant
MEDICINE HAT, ALTA — When it comes to open-pit mining, having more than 100 million tonnes of overburden sitting on top of your deposit is typically a situation best avoided, but for junior Victory Nickel (TSX: NI; US-OTC: VNCKF)…
Kaizen Discovery to meet Japanese demand for metals
After first listing in December, it’s no surprise that junior Kaizen Discovery (TSXV: KZD; US-OTC: CCNCF) has started out with a strong sense of purpose. After all, Kaizen means “continuous improvement” in Japanese.
Antofagasta’s cooling stokes uncertainty for Duluth’s Twin Metals
Antofagasta (LSE: ANTO) has decided not to increase its ownership in the Twin Metals joint-venture project with Duluth Metals (TSX: DM; US-OTC: DULMF), just weeks before the scheduled completion of a prefeasibility study on the large…
Royal Nickel strikes again with True North
Less than two months after Royal Nickel (TSX: RNX; US-OTC: RNKLF) acquired a strategic 25% stake in Sudbury Platinum, which is advancing the Aer-Kidd nickel–cobalt–platinum group metals project in the Sudbury basin, the junior has…
Editorial: Ring of Fire funding – A Wynne-win?
In a rare turn, mining has emerged as an issue in a provincial election campaign in Ontario: the ruling Liberal party is promising to unilaterally pump up to $1 billion into infrastructure development in the remote Ring of Fire chromite camp in…