Mining News: NICKEL

Albidon says Zambian mine well hedged despite metal price falls

Perth-based nickel sulphide miner Albidon said it has sidestepped the collapse in metals prices generally through a strong hedge position and low operating costs to ensure a strongly margined nickel mine.

The mine was one of the few new nickel sulphide mines to come on stream this year, and addressing delegates at the Paydirt 2008 Africa Downunder Resources Conference, Albidon’s Dale Rogers, said the company’s bankable feasibility study on the Munali mine in Zambia, was completed at a nickel price of $4,25/lb.

Brilliant Mining Corp.: 450,000 Tonnes of Ore Approved for Delivery

VANCOUVER, BRITISH COLUMBIA–(Marketwire - Sept. 4, 2008) - Brilliant Mining Corp. (TSX VENTURE:BMC) (’Brilliant’ or the ‘Company’) is pleased to announce that the targeted increase in Nickel Ore Deliveries to 450,000 tonnes for the 08/09 production year

Mindoro Reports Further Drill Results From Agata Nickel Laterite Project

EDMONTON, Sept. 4 /CNW Telbec/ - Mindoro Resources Ltd. (TSXV: MIO;
Frankfurt: WKN 906167) is pleased to report results for a further 23 drill
holes from the Phase 2 drill program on the Agata North Nickel Laterite

Canadian Arrow Mines Updates Kenbridge Preliminary Economic Assessment - 89% Increase in Pre-tax NPV

SUDBURY, ON, Sept. 4 /CNW/ - Canadian Arrow Mines Ltd. (CRO: TSX-V)
(the “Company”) is pleased to announce results of an updated Preliminary
Economic Assessment (PEA) for the Kenbridge Nickel Project in northwest

2 metres at 1.8% nickel and 0.5% copper drilled at Storbodsund, Sweden

VANCOUVER, Sept. 3 /CNW/ - Mawson Resources Limited (”Mawson”) TSX - MAW;
Frankfurt - MRY. Michael Hudson announces drill results from the Storbodsund
nickel project in Northern Sweden. Two diamond holes, STD103 and STD104 were

Review of Chinese nickel pig iron and stainless steel output

Chinese recoverable nickel from pig nickel up Jan to July but expected to be unchanged for the full year, while some steel prices reduced and iron ore prices fall. Stainless steel output still rising.

Independent Nickel backs sweetened offer from Victory

TSX-listed Independent Nickel has recommended that shareholders accept an improved all-share offer for the company from from Toronto-based Victory Nickel.

Victory has offered 1,1 of its own shares for every Independent share, up from its original August 19 offer of a one-for-one exchange.

Spotted Quoll a nickel treasure chest

A minerals conference in New Zealand was impressed by the performance of a local boy making good as both a nickel explorer and nickel miner, but the extent of the success of the company Julian Hanna runs – Western Areas NL – was shown by a news release the following day.

Western Areas doubles resource at Aussie nickel prospect

ASX-listed Western Areas has increased the high-grade mineral resource at the company\’s Spotted Quoll prospect, in Western Australia, by 118%, to 1,05-million tons at an average grade of 7,2% nickel, for 75 140 t of contained nickel.

The increase in estimated resources indicates the potential for a large underground mine at Spotted Quol, in addition to the open pit already being proposed, Western Areas said in a statement on Tuesday.

LME tin, nickel fall around 5 pct on stronger dollar

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Copper down as LME stocks rise, nickel sheds 3 pct

United Kingdom - * Copper hits two-week low * Hurricane Gustav potential threat to LME zinc in warehouse * Nickel dips more than 3 percent on rising inventories (Adds fresh comment/details, changes dateline, pvs SINGAPORE) LONDON, Sept 1 (Reuters) -

UPDATE 4-Copper down as LME stocks rise, nickel sheds 3 pct

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MMC Norilsk Nickel opens Arctic Council workshop

The international workshop devoted to prevention and management of emergencies in the Arctic region including environmental emergencies starts its work today in Dudinka. The workshop is organised by the Russian Ministry of Emergencies and the Emergency Prevention, Preparedness and Response (EPPR) Working Group of the Arctic Council.  Norilsk Nickel provides assistance in the workshop organisation [...]

UPDATE: BHP Says Dispute Halts Philippines Nickel Project

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BHP Says Dispute Interrupts Philippines Nickel Project

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Canadian Royalties CEO Faucher resigns

TSX-listed Candian Royalties has appointed chairperson Glenn Mullan as interim president and CEO, Richard Faucher resigned from the positions, effective immediately.

The company, which is developing the Nunavik nickel project, in Quebec, did not provide reasons for Faucher\’s departure.

Medium term outlook for nickel looks bleak

The price outlook for nickel over the next few months, and into next year, is looking increasingly weak with stainless steel production suffering and new supplies coming on stream.

Finnish nickel/cobalt/zinc developer on track for October start

Developing low-cost nickel miner Talvivaara says it is on course to commence production in October as start-up costs push it into losses.

Nickel Mineralization Discovered at Phillips Project

VANCOUVER, Aug. 26 /CNW/ - Diamond drilling on Callinan Mines Limited’s
(CAA.V) Phillips Lake property near Thompson, Manitoba has discovered nickel
bearing sulphide zones.

Pacific North West Capital and First Nickel Initiate Surface Mapping and Sampling Program on the Raglan Hills Nickel Project

TSX: PFN OTCBB: PAWEF Frankfurt: P7J

VANCOUVER, Aug. 25 /CNW/ - Pacific North West Capital Corp. (PFN)