Mining News: NICKEL

SPECKLE SHALE LEACHING RESULTS - DUMONT NICKEL INC.

Dumont Nickel announced that its initial leaching tests have reported good metal extraction recoveries from representative samples of black shale from the Speckled Shale project in Alberta, Canada. Simple sulphuric acid leaching tests completed by Dumont reported recoveries from 36-hour leaching at 30C and from 24-hour leaching at 50C: Mo-28% (51%); Ni-89% (70%); U-84% (67%); V-34% (51%); Zn-88% (70%); Cu-53% (57%); Co-86% (69%); Cd-93% (71%); Li-45% (58%).

COMPANY AND EXPLORATION UPDATES - EAST COAST MINERALS NL

East Coast Minerals provides updates on the company’s activities. Highlights include: Drilling is underway at the Elizabeth Hill Silver and Base metal project.

LETAIN PROPERTY STAKED - FIRST POINT MINERALS CORP.

First Point recently acquired mineral claims on its Letain Property in northern British Columbia. Nickel-iron alloy was observed in 9 out of 35 samples taken from serpentinized ultramafic bedrock while completing a regional exploration program. The disseminated nickel-iron alloy grains reach up to 100 microns in size and occur in an area measuring 300 by 580 meters which is open to the north and south.

M11A DRILLING RESULTS - CROWFLIGHT MINERALS INC.

Crowflight Minerals announced the remaining assay results for the M11A North project area, located near the town of Wabowden, Manitoba. Key intersections from the final results include 5.20m grading 1.82% nickel in Hole M09-15 and 4.33m grading 2.71% nickel in Hole M09-18.

Rio Tinto in talks with Norilsk on JV

RIO Tinto is in discussions with Russian's Norilsk Nickel about the future of the pair's exploration joint venture. 'Rio Tinto and Norilsk Nickel are in discussions on the future of the joint venture, which currently remains in place,' a Rio Tinto

Norilsk Ends Rio Venture, Reviewing BHP Accord

Norilsk Nickel will end a four-year exploration joint venture with Rio Tinto Group and review a similar accord with BHP Billiton as it focuses on existing projects, deputy CEO Oleg Pivovarchuk said Tuesday. Were exiting the venture with Rio, Pivovarchuk

Rio Tinto get Sulawesi nickel permit

[miningmx.com] -- Indonesia has given the local unit of Rio Tinto a mining permit for a nickel project in Sulawesi worth $2 billion, the company said on Tuesday. The long-awaited permit is the first to be issued under a new Indonesian mining law passed

Industrial metals (copper, aluminium, nickel, etc.) daily review (March 03, 2010)

Industrial metals futures ended positive, as a euro rebound against the dollar lifted most commodities while concerns lingered about power supplies to Chile's copper mines after Saturday's earthquake. - The Brazilian division of steelmaker ArcelorMittal

Anooraq, Ivanplats settle dispute

[miningmx.com] --PLATINUM exploration firm Anooraq Resources said it had settled a dispute with Ivanhoe Nickel & Platinum (Ivanplats) over an agreement relating to the Rietfontein property located on the northern limb of the Bushveld Igneous Complex in

Nickel not in a pickle

NICKEL was the big mover on the London Metal Exchange overnight, gaining 3.7% to $US22,240 per tonne. The bulk of nickel stocks on the Final Call watchlist followed suit in today's trade. You are not logged in or not authorised to view this page. Get

Rio Tinto gets permit for Indonesia

The Indonesian unit of Rio Tinto has been granted a mining permit for its planned $2 billion nickel project on Sulawesi Island. The nod makes it the first mining company to gain investment approval under Indonesia's new mining law. Last year Indonesia

Western Areas looking for partner to advance Finnish projects

PERTH (miningweekly.com) – Australian nickel-sulphide producer Western Areas and its Finnish joint-venture (JV) partner Magnus Minerals said on Wednesday that they were considering listing a new company to advance base metal projects in central

Kennecott Minerals wants to amend water permit for planned Upper Peninsula nickel, copper mine

TRAVERSE CITY, MICH. — A company preparing to build a nickel and copper mine in Michigan's Upper Peninsula wants to change its wastewater treatment system in a way that could negate the requirement for a federal permit, officials said Tuesday.

Rio Tinto gets permit for Sulawesi nickel project

JAKARTA: Indonesia has given the local unit of Rio Tinto a mining permit for a nickel project in Sulawesi worth US$2bil, the company said yesterday. The long-awaited permit is the first to be issued under a new Indonesian mining law passed in 2008 and

Vale talks with striking Sudbury union to continue

TORONTO - Talks to end the strike at Vale's Sudbury nickel operations in northern Ontario will continue this week, a union official said on Tuesday, a development that suggests progress has been made in ending the seven-month stalemate. The Brazilian

Rio Tinto gets permit for Indonesia nickel project

JAKARTA - Indonesia has given the local unit of Rio Tinto a mining permit for a nickel project in Sulawesi worth $2-billion, the company said on Tuesday. The long-awaited permit is the first to be issued under a new Indonesian mining law passed in 2008

UPDATE 1-Rio Tinto gets permit for Indonesia nickel project

JAKARTA, March 2 (Reuters) - Indonesia has given the local unit of Rio Tinto a mining permit for a nickel project in Sulawesi worth $2 billion, the company said on Tuesday. The long-awaited permit is the first to be issued under a new Indonesian mining

HART SCOPING STUDY - LIBERTY MINES INC.

Liberty Mines announced the results of a preliminary economic assessment completed for the Hart nickel project near Timmins, Ontario. Hart’s Potentially Mineable Tonnage is estimated at 1,729,100 tonnes at an average grade of 1.29 % nickel. The estimation was based on a cut-off grade of 0.46 % nickel for the Alimak Raise mining method; a nickel price of US$15,430 per tonne (US$7.00 per pound)

SAVANNAH RESERVE ESTIMATE - PANORAMIC RESOURCES LIMITED

Panoramic Resources announced Lower Zone Reserve upgrade at its Savannah copper-nickel-cobalt mine, Western Australia. The Probable reserve is estimated at 3.67 million tonnes grading 1.17% nickel, 0.64% copper, 0.06% cobalt for 43,200 tonnes of nickel, 23,500 tonnes of copper and 2,160 tonnes of cobalt and extented the mine life beyond 2018.

First Quantum looking to add to growing nickel base

The group says it currently sees plenty of available targets

Reserve upgrade at Savannah

THE discovery of more ore below current workings at Panoramic Resources’ Savannah nickel operation in Western Australia should extend the mine life beyond 2018, subject to commodity prices and all statutory approvals. You are not logged in or not

Lower nickel prices knock Antam 2009 profit

The Indonesian nickel and gold miner said net profit for the year fell 59%

Steelworkers, Xstrata in Sudbury reach tentative agreement

SUDBURY, Ont. - The union and Xstrata Nickel in Sudbury, Ont., under pressure from a looming strike deadline, reached a tentative agreement early Monday morning. Gerry Loranger of the United Steelworkers said they would hold a meeting with members

Pay deal agreed at Xstrata Nickel

LONDON (SHARECAST) - Xstrata Nickel, a subsidiary of Anglo-Swiss miner Xstrata, has tentatively reached a new pay deal with the union representing workers at its Sudbury operations in Canada. The previous agreement with the United Steelworkers Union

Xstrata Nickel Sudbury operations and United Steelworkers Local 2020 reach tentative collective a...

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Monday strike looms for 215 Xstrata workers

Posted By CAROL MULLIGAN, QMI AGENCY; SUDBURY STAR Another union in Sudbury has given its bargaining committee an overwhelming strike mandate. About 90% of 215 members of United Steelworkers Local 2020 at Xstrata Nickel gave their bargaining committee a

The Modernization of Russia: Possibilities and Limits

Chatham House, London Alexander Voloshin, Chairman, Norilsk Nickel Discussants: Roger Munnings, KPMG and UK Special Trade Envoy to Russia Professor Philip Hanson, Associate Fellow, Russia and Eurasia Programme, Chatham House Type: Fee-paying or special

Industrial metals (copper, aluminium, nickel, etc.) daily review (February 25, 2010)

prices traded mixed yesterday, as investors worried about the global economic outlook after disappointing U.S. consumer confidence data released in the last session. Nickel was an outperformer in this complex with prices gaining more than 1% in

"Copper, Nickel, Lead and Zinc Mining in the US" available at Fast Market Research

This Industry Market Research report from IBISWorld provides a detailed analysis of the Copper, Nickel, Lead & Zinc Mining in the US industry, including key growth trends, statistics, forecasts, the competitive environment including market shares and the

Updates on Rio’s iron ore/coal operations, Newmont’s exploration/development plans and Sherritt’s Ambatovy project – all in Project News

Latest issue of International Mining Project News available (February 26): Rio Tinto has started producing iron ore from the $901 million Mesa A/Warramboo mine in the Pilbara of Western Australia. The open-pit mine will have an initial production of 20 Mt/y, increasing to 25 Mt by 2011. The company is also progressing with construction of [...]

GAMBANG OPTION AGREEMENT - VALE S.A. and ROYALCO RESOURCES LIMITED

Royalco Resources and Vale International reported to have entered into an option agreement concerning Royalco’s Gambang tenement in the Philippines.

Magnetic Resources significantly increases iron ore targets

Magnetic Resources is exploring for gold, iron, nickel and uranium on its extensive holdings in the wheatbelt (southern Yilgarn Craton) region of Western Australia. Shares in Magnetic Resources (ASX: MAU) jumped 4c after the company announced it had now

Vale Inco, union to meet for 'exploratory talks'

TORONTO (miningweekly.com) – Representatives of the United Steelworkers (USW) and Brazilian-owned nickel-miner Vale Inco are expected to meet in Toronto this weekend for 'exploratory talks'.More than 3 000 USW members employed at Vale Inco's operations

2009 FULL YEAR RESULTS - MINARA RESOURCES LIMITED

Minara Resources reported recorded a profit after tax of $48.5 million (2008: $19.8 million loss) for the 12 months ended December 31, 2009. The company remains debt free and has a strong balance sheet with cash on hand at December 31, 2009 of $247.1 million (2008: $142.5 million). Annual production at Murrin Murrin was 32,977 tonnes of nickel (2008: 30,514 tonnes), and 2,350 tonnes of cobalt (2008: 2,018 tonnes).

Rising from the nickel wreckage

Prices for nickel, sometimes referred to as the most volatile of any commodity, have found sharp traction over the past year, and survivors of the price tsunami are rising gently from the wreckage. One outcome is that measured against other global mining

FLSmidth wins big Voisey's Bay nickel contracts

Danish headquartered mineral processing giant, FL Smidth, which numbers some major names in the sector among its subsidiaries, has made a major sale of comminution and sedimentation equipment to Vale Inco's Voisey's Bay operation.

Sherritt reports Q4 profit

TORONTO (miningweekly.com) – Canadian nickel, oil and gas firm Sherritt International earned C$48,3-million in the fourth quarter, compared with a C$592,1-million loss a year earlier, when the company recorded a large goodwill impairment on its holding

Talvivaara says it will be cash flow positive by second half of 2010

The Finnish nickel and zinc producer swung to a loss in 2009 but says things should improve if nickel prices remain near current levels

MULGA ROCK DRILLING RESULTS - ENERGY AND MINERALS AUSTRALIA LTD

Energy and Minerals Australia announced encouraging results from diamond drill holes completed late in 2009 over the Ambassador deposit at the Mulga Rock Deposits. These holes extend over a length of 5 km. The best values indentified in Hole NND5037 with 10.4m at 1,703 ppm U3O8, 0.07% cobalt and 0.11% nickel, 5.2m at 2,093 ppm U3O8, 0.05% cobalt and 0.11% nickel was returned in NND5076 and in Hole NND5041 intersected 3.5m at 1,989 ppm U3O8, 0.03% cobalt and 0.11% nickel.

SHAKESPEARE START-UP COMPLETED - URSA MAJOR MINERALS INCORPORATED

URSA Major Minerals announced that the company has successfully completed the start-up of the Shakespeare nickel mine, located 70 km west of Sudbury, Ontario, Canada. The company is now shipping ore at the planned rate of 1,000 tonnes per day and expects to process about 200,000 tonnes of ore in 2010 from open-pit mining.

Talvivaara Mining Company annual accounts review for year ended 31 December 2009

Talvivaara Mining Company annual accounts review for year ended 31 December 2009 Highlights of 2009 · Nickel sulphide deliveries to off-take partner Norilsk Nickel Harjavalta Oy commenced in February · Secondary

FLSmidth wins big Voiseys Bay nickel contracts

FLSmidth has been awarded contracts from Vale Inco for the supply of comminution and sedimentation equipment for the Voisey’s Bay (now known as Vale Inco Newfoundland and Labrador) processing plant project in Long Harbour, Newfoundland, Canada. Currently concentrate from Vale Inco Newfoundland and Labrador is being shipped to Vale Inco’s Ontario Operations in Sudbury and [...]

Company Announcement: Anooraq Announces Ivanhoe Nickel and Platinum Dispute Settled and Extended Joint Venture Agreed Between Parties

Attached please find a press release on: confirms it has entered into a settlement and new project agreement (the 'Agreement') with ('Ivanplats') to replace and supersede the 2001 agreement relating to the Rietfontein property located on the northern

POLAR BEAR SAMPLING RESULTS - SIRIUS RESOURCES NL

Sirius Resources announced sampling results from the gold-nickel-copper Polar Bear project, located near Kalgoorlie in Western Australia. Highlights include sample PBHK0014 that contain 1.02% nickel, 3.12% copper, 2.02g/t platinum and 5.04g/t palladium. Sampling has confirmed the presence of a strongly nickel copper- platinum-palladium enriched gossan.

BARNES HILL DRILLING RESULTS - PROTO RESOURCES AND INVESTMENTS LTD

Proto Resources and Investments Ltd announced update from further drilling results at the Barnes Hill project near Beaconsfield in Tasmania, Australia. Assay results received from a total of 113 holes include hole BHA235 which intersected 11m of 1.2% nickel and 0.068% cobalt from 5 m. The latest results aimed at providing the necessary confidence to support the submission of a DPEMP for mining at Barnes Hill.

PARKIN DRILLING RESULTS - WALLBRIDGE MINING COMPANY LIMITED

Wallbridge Mining announced that the wedge-cut (WMM-014-W1), drilled from parent hole WMM-014 in the Parkin property located in Ontario, Canada, has intersected two intervals of semi-massive copper-nickel sulphide mineralization within a broader 12.66 m zone which assayed 0.96% copper, 0.44% nickel, 1.04 g/t platinum, 1.42 g/t palladium and 0.40 g/t gold. The sulphide zone occurs near the centre of a cluster of BHUTEM plates and is open along strike and down dip.

MCWATTERS OPEN PIT CONSTRUCTION - LIBERTY MINES INC.

Liberty Mines announced that construction of the open pit at the McWatters nickel mine, Onatario, Canada, has commenced. The open pit is an integral part of the overall mine plan to remove the crown pillar and optimize the economics of the mine. Upon completion of the open pit in the fall of 2010, sublevel caving will commence to maintain a high production rate from the mine.

BARNES DRILLING RESULTS - PROTO RESOURCES AND INVESTMENTS LTD

Proto Resources and Investments released assay results from a further 113 holes from the Barnes Hill project in Tasmania, Australia. Highlights include 12m at 1.1% nickel and 0.061% cobalt from 1m in hole BHA179 and drill hole BHA234 returned 17m at 0.95% nickel and 0.045% cobalt from 3m.

LAKE GILES RESOURCE ESTIMATE UPDATED - MACARTHUR MINERALS LIMITED

Macarthur Minerals announced that an updated independent mineral resource estimate increased the inferred mineral resource estimate for the Clark Hill South and Snark magnetite iron ore projects, north of the Lake Giles project, Australia, to 66.5 million tonnes at 30.3% iron, and 75.0 million tonnes at 27.7% iron, respectively. These estimates increased the company’s total inferred mineral resource estimate for the Lake Giles project to 1,117 million tonnes at 28.7 % iron representing a 11% and 1.4% increase in the tonnes and grade respectively.

SALE OF SUBSIDIARY - AFNAT RESOURCES LIMITED

AfNat announced that the Company has sold the entire issued share capital in RRCC Limited ("RRCC") to G&B African Resources Limited for a cash consideration of US$1. RRCC is a company incorporated in the BVI and was a fully-owned subsidiary of the Company. RRCC owns Regent Resources Capital Corporation S.A.U. a company registered and incorporated in Togo, that owns prospecting licences over the Haito, Pagala, Niamtougou and Kara projects referred to in the Company's Admission Document dated 25 November 2009.