Sherritt copes with falling prices and permit delays
VANCOUVER — Toronto-based Sherritt International (S-T) is suffering from symptoms of the global economic slowdown, including rising cash costs and lower realized prices on production.
Nickel
Search for sunken treasure intensifying
VANCOUVER — With big mineral deposits becoming harder to find and even harder to put into production thanks to social and political hurdles, a small but growing group of companies are looking to the sea floor as their next source of…
Prophecy Platinum sees promising signs at Wellgreen
Things keep rolling along for Vancouver-based Prophecy Platinum (NKL-V) at its flagship Wellgreen platinum group metals (PGM) and nickel project in the Yukon. The junior released a flurry of news to end May, including a maiden full-spectrum…
Prophecy Platinum sees promising signs at Wellgreen
VANCOUVER — Things keep rolling along for Vancouver-based exploration outfit Prophecy Platinum (NKL-V) at its flagship Wellgreen platinum group metals (PGM) and nickel project in the Yukon Territories. The company released a flurry of…
First resource for Cliffs’ and First Point’s Decar
A maiden resource estimate on Cliffs Natural Resources’ (CLF-N) and First Point Minerals’ (FPX-V) Decar nickel-iron alloy project in northern B.C. has delineated almost 3 billion lbs. nickel in the ground. The inferred resource on…
First Nickel aims to use revived Lockerby mine as a launching pad
It’s been a long haul for Toronto-based developer First Nickel (FNI-T) as it strives to revive commercial production at its Lockerby nickel-copper mine outside of Sudbury, Ont.
First Nickel aims to use Lockerby as a launching pad
VANCOUVER — It’s been a long haul for Toronto-based developer First Nickel (FNI-T) as it strives to revive commercial production at its Lockerby nickel-copper mine outside of Sudbury, Ontario.
First resource for Cliffs’ and First Point’s Decar
VANCOUVER — A maiden resource estimate on Cliffs Natural Resources’ (CLF-N) and First Point Minerals’ (FPX-V) Decar project in northern British Columbia has put almost 3 billion lbs. nickel in the ground.
Confusion lingers over Indonesian export taxes
Earlier this month Reuters reported that Indonesia is mulling plans to slap export taxes of 25% on coal and base metals this year and as much as 50% in 2013. The measures are being contemplated as part of an effort to prevent miners from trying…
Metals Commentary: Is a nickel export ban coming to Indonesia?
The nickel sector was caught a bit off guard in February when an Indonesian press report claimed the country’s government intends to enact its proposed ban on nickel ore exports from January 2014 to as early as May 2012. The ban,…
Junior miners and explorers cashing up
Junior explorers launched substantial financings when the networking-heavy Prospectors & Developers Association of Canada convention wrapped up in Toronto.
First Quantum preps Sentinel for production
First Quantum Minerals (FM-T, FQM-L), which has several copper projects in its development pipeline, has provided a maiden reserve and resource for its Sentinel copper project in Zambia.