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Mining news: NICKELBHP Billiton decides to end study into integrated nickel development in eastern Indonesia - Quick FactsBHP Billiton Ltd. (BHP: News ,BLT.L: News ) announced that it has decided to end a study into integrated nickel development in eastern Indonesia. The company noted that the study has not been able to identify a business case, which would support an BHP scraps eastern Indonesia nickel planBHP Billiton Ltd has ended a study into a potential integrated nickel development in eastern Indonesia. ‘The study has not been able to identify a business case which would support an investment in this opportunity,’ BHP said in a statement. A resource BHP Billiton Ends Study Into Indonesian Nickel ProjSYDNEY (Dow Jones)–BHP Billiton Ltd. (BHP) Thursday said it has ended a study into an integrated nickel project in eastern Indonesia, as part of a potential joint venture with Indonesia’s PT Antam Tbk (ANTM.JK). The study of a resource at Gag Island and UPDATE: Rusal Pushes To Place 4 Govt Reps On Norilsk’s Board(Adds details from Rusal statement) LONDON (Dow Jones)–Russian aluminum producer UC Rusal said Wednesday it will seek to have four government representatives placed on OAO Norilsk Nickel’s (GMKN.RS) board of directors at a Norilsk board meeting in Canadian Arrow Mines releases Atikokan drill results SUDBURY, ON, Nov. 12 /CNW/ - Canadian Arrow Mines, Ltd. (CRO: TSX-V) (the Mitsui revises investments in metal andrevision for demand and price condition and investment cost while it keeps existing plans including iron ore and coal output expansion and nickel projects in Philippines and New Caledonia. Mr Masami Iijima senior executive managing officer of Mitsui said Venezuelan mining production expected tomajor projects and heavier than usual rainfall.’ Adversely affected are the country major iron, steel, gold, nickel and coal companies. Mr Sanchez noted that Sidor steel is a good example, with its productivity at only 60% right now. Before Chinese infrastructure spending pledge boosts base metals pricesBase metals prices have been boosted by China’s $600 billion economic stimulus plan. Nickel rose 13 percent and copper around 10 percent MINING PEOPLE IN THE NEWS: NRCan, Oroco, Redzone, Rockhaven and Xstrata NickelFollowing the federal election of Oct. 14, Prime Minister Stephen Harper has named Lisa Raitt from Halton, Ont., th… [Full Story] Technical Report proposes immense mineral potential tonnages in polymetallic black shale at Dumont’s SBH Property, AlbertaDUMONT NICKEL INC. (DNI : TSX-Ven, DG7 : Frankfurt) TORONTO, Nov. 10 /CNW/ - DUMONT NICKEL INC. (DNI:TSX-Ven, DG7:FSE) is Small nickel mining companies stopproduction in Indonesia Mr Jeffrey Mulyono head of Indonesia Coal Mining Association said that small mining companies have ceased their production activities due to the global finance crisis. He added that ‘Nickel mining companies in East Nusa Tenggara Labrador nickel exploration update << Deripaska’s Rusal Tries to Contest Norilsk Nickel Minorities’ Buyback After the FactMOSCOW and NEW YORK, Nov. 6 /PRNewswire/ — United Company Rusal, the metals conglomerate owned by Russian billionaire Oleg Deripaska, is attempting to reverse the buyback of Norilsk Nickel after the court order freezing the buyback had come too NICKEL STUDY: PEA prepared for Lac RocherQUEBEC VICTORY NICKEL of Toronto has received the preliminary economic assessment of its Lac Rocher nickel-copper… [Full Story] Sumitomo Mining says may delay nickel projectSumitomo Metal Mining Co said on Wednesday it may delay the start of its Taganito nickel project in the Philippines to explore the possibility of securing materials and labour at lower costs following the financial crisis. The company was planning to Japanese Conglomerate Takes $40-million Stake in Junior Canadian Explorer’s Promising Alaskan Nickel Property(TSX: NIC) (OTC BB: PNCKF) TORONTO, Nov. 5 /CNW/ - Pure Nickel Inc. is extremely pleased to announce Diamond hunt to resume on Dumont’s Attawapiskat Property under new OperatorDUMONT NICKEL INC. (DNI : TSX-Ven, DG7 : Frankfurt) TORONTO, Nov. 4 /CNW/ - Dumont Nickel Inc. (DNI:TSX-Ven, DG7:FSE) is Xinxin Mining buy 3 nickel-copper mines in Xinjiang·Xinjiang Bazhou seamless pipe project starts construction ·Western Mining to Acquire Parent’s Inner Mongolia Mine Interest ·CNMMG signs nickel production contract with Myanmar mining company ·Gold miner eyes more acquisitions ·Cota Mining of Congo GobiMin sells its three Chinese nickel-copper properties in deal worth C$96MTORONTO - GobiMin Inc. (TSXV: GMN.V) is selling its three nickel-copper properties in China to Xinjiang Xinxin Mining Industry Co., a major Chinese nickel producer. GobiMin, with offices in Toronto and Hong Kong, said Monday the price is 540 million Korea’s POSCO launches new 30,000 t/y nickel smelterSteelmaker POSCO ahs opened a new 30,000 tonnes a year nickel smelter despite the recent collapse in the nickel price. |
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