Commodities research analysts at Barclays Capital believe lead prices will move higher in the second half of this year, are most bullish on copper and tin next year, and have revised their 2012 price forecasts lower for nickel and zinc.
Glencore International (GLEN-L) is betting that PolyMet Mining’s (POM-T, PLM-X) NorthMet project in Minnesota has the stuff that profitable mines are made of. The giant metal trader and miner closed the latest round of a private placement that…
Vancouver – Two years after making a bet on Guatemalan saprolite, Anfield Nickel (ANF-V) has some hard numbers clarifying the wisdom of the venture with its first preliminary economic assessment on the Mayaniquel project.
Sudbury, Ont. – It’s been a slow ride for Wallbridge Mining (wm-t), but one that has been picking up. With one successful spin-out, another in the making and a project near production, the explorer is ready to change gears.
Vancouver – Philippines-focused junior Mindoro Resources (MIO-V) continues to advance its Agata nickel project in the country with an updated resource and prefeasibility study in the works.
Vancouver – Concept is slowly becoming reality at First Point Minerals’ (FPX-V) unusual nickel project in central British Columbia, with encouraging metallurgical results the latest boost.
Struggling junior nickel miner Ursa Major Minerals (UMJ-T) has told Stan Bharti’s Forbes & Manhattan to put up its dukes and prepare for a proxy fight at Ursa’s annual general meeting on June 23.
Struggling junior nickel miner Ursa Major Minerals (UMJ-T) has told Stan Bharti’s Forbes & Manhattan group to put up its dukes and prepare for a fight at the company’s annual general meeting of shareholders in Toronto on June 23.
The two workers killed late Wednesday night from falling debris at Vale’s (VALE-N) Stobie underground mine in Sudbury, Ontario, have been identified as Jason Chenier, 35, and Jordan Fram, 26.
It’s not quite as exciting as a new mine built from scratch on a substantial mineral discovery but, in dollar terms, the recent expansions announced by majors active in eastern Canada all add up significant economic activity.
Results of an optimization study and additional metallurgical tests have further de-risked Royal Nickel’s (RNX-T) Dumont nickel project in Quebec, president and CEO Tyler Mitchelson says.
The recent pullback in base metals is a “good entry point for investors” analysts at Macquarie Capital Markets report in a May 17 research note to clients.
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