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Antam and BHP Billiton Establish an Alliance to Develop Halmahera Nickel Deposit

Tuesday, February 13th, 2007

PT Antam Tbk (ASX - ATM; JSX ANTM) is today pleased to announce the signing of a Heads of Agreement establishing an alliance with BHP Billiton to investigate the joint development of an extensive nickel laterite resource on Halmahera Island, Indonesia.
The Heads of Agreement was signed in Perth during the Asia Pacific Economic Conference by […]

OJSC MMC Norilsk Nickel announces regulatory clearance for the acquisition of OMG Nickel Business

Saturday, February 10th, 2007

OJSC MMC NORILSK NICKEL ANNOUNCES REGULATORY CLEARANCE FOR THE ACQUISITION OF OMG NICKEL BUSINESS
OJSC Mining and Metallurgical Company Norilsk Nickel (“Norilsk Nickel”) is pleased to announce that it has received necessary regulatory clearances for the transaction with OM Group, Inc. (“OMG”) to acquire its nickel business (the “Nickel Business”). Receipt of these approvals concludes an […]

GlobeStar Discovers New Nickel Zone in Dominican Republic Including 13 Metres Grading 2% Nickel

Saturday, February 10th, 2007

GlobeStar Mining Corporation is pleased to announce the new discovery of nickel bearing laterites at Loma Mala in the Dominican Republic. The results of the nickel drill program are attached in Table 1 below (a diagram can be viewed at http://www.globestarmining.com/media/images/lomamaladiscovery.jpg), with the best intersections of 13 metres grading 2.01 % nickel and 11 […]

OJSC MMC Norilsk Nickel announces regulatory clearance for the acquisition of OMG Nickel Business

Saturday, February 10th, 2007

OJSC MMC NORILSK NICKEL ANNOUNCES REGULATORY CLEARANCE FOR THE ACQUISITION OF OMG NICKEL BUSINESS
OJSC Mining and Metallurgical Company Norilsk Nickel (“Norilsk Nickel”) is pleased to announce that it has received necessary regulatory clearances for the transaction with OM Group, Inc. (“OMG”) to acquire its nickel business (the “Nickel Business”). Receipt of these approvals concludes an […]

CHINA’S JINCHUAN IN DEAL ON NEW CALEDONIA NICKEL

Saturday, January 13th, 2007

Top nickel exporter SMSP has begun talks with China’s Jinchuan on building a nickel treatment plant, the head of the company based in New Caledonia said Friday.
Andre Dang told AFP that Societe Miniere du sud Pacifique (SMPS) had signed a memorandum of understanding with Jinchuan late last year on the feasibility of building a factory […]

Mindoro Resources Ltd.: Drilling Underway on Calo Porphyry Copper-Gold Prospect

Saturday, January 13th, 2007

Mindoro Resources Ltd. today reported that drilling has commenced on its Calo porphyry copper-gold prospect, located within Mindoro’s Batangas projects, Luzon Island, the Philippines. An initial program of 3,500 meters in six drill holes is planned. Due to the very large size of the target, these will be widely-spaced, and up to one kilometer apart. […]

PT Inco cuts nickel output on power supply problems

Friday, January 5th, 2007

While copper prices took a plunge on the exchanges yesterday, nickel, which remains in short supply worldwide, remained in relatively good shape and the latest news from Indonesian miner PT Inco can only add to the current supply deficit – albeit it is not certain for how long.
The PT Inco operations in Sorowako in Indonesia […]

European Nickel says seven holes confirm nickel mineralisation in Albania

Tuesday, December 12th, 2006

European Nickel PLC said seven holes have confirmed nickel mineralisation in two nickel laterite areas on its Korce exploration permit in southeast Albania, and also said it plans to expand its operations in Turkey.
However, the company said its main focus remains the Caldag nickel project in Turkey that is designed to produce annually 20,400 tonnes […]

New nickel projects behind schedule and way over budget

Monday, December 4th, 2006

The comments reported here a month ago from Vanessa Davidson pointing to the unreliability of production targets being met for new High Pressure Acid Leach (HPAL) nickel laterite processing plants in the article Medium term outlook for nickel: supply increases may outstrip demand growth but … was borne out in spades in this past week […]

BHP nickel project to cost $1b extra

Thursday, November 30th, 2006

The cost of building BHP Billiton’s Ravensthorpe Nickel Project in southern Western Australia has blown out by more than $1 billion.
BHP says the budget for building the laterite nickel operation and expanding a refinery west of Esperance has been increased to $2.7 billion.
It has blamed increased capital costs and a skilled labour shortage.
The project has […]