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Albidon hedges Zambia nickel output
Australia’s Albidon Ltd has locked in high nickel prices for the first years of its flagship Munali project in Zambia, its managing director said.
Albidon is seeking to expand regional exploration, with exploration projects in four other African countries.
Construction is underway on the company’s Munali underground nickel mine, which is due to produce its first concentrate [...]
NovaGold Second Quarter Financial Results and Project Update
NovaGold Resources Inc.today announced its financial and operating results for the three months ended May 31, 2007, along with an update on the Company’s project development activities. Details of the Company’s financial results are described in the unaudited consolidated financial statements and Management’s Discussion and Analysis which, together with further details on each of the [...]
Castillian Announces $9 Million Exploration Program on Nickel Sulphide Projects and Additions to Technical Team
Castillian Resources Corporation (Castillian) (TSX VENTURE: CT) announces that the Board of Directors has approved a Cdn$9.0 million exploration budget to aggressively explore the Company’s three key nickel sulphide projects. The company has set an objective of completing the delineation drilling of the Mangabal South Deposit in Brazil and the Las Aguilas Deposit in Argentina, [...]
Castillian Announces Acquisition of 100% of Maximus Resources Ltd.’s Option/JV Rights to Acquire an Interest in the Las Aguilas Nickel Copper-PGM Property, Argentina From Marifil Mines Ltd.
David Gower, President & CEO of Castillian Resources Corporation (Castillian) announces that, subject to regulatory approval, Castillian has reached an agreement with Maximus Resources Ltd. (Maximus) whereby it will acquire 100% of Maximus’s rights to acquire an interest (the Underlying Agreement) in the Las Aguillas Nickel-Copper-PGM Project from Marifil Mines Ltd. (Marifil) (TSX VENTURE:MFM – [...]
Nickel project for US$95m expansion
Xstrata Nickel of Ontario, Canada, has announced a further investment of US$95 million and the commencement of a pre-feasibility study to advance the Kabanga nickel project in western Tanzania.
An update to the preliminary resource estimates has also been announced for the project, a 50/50 owned joint venture of Barrick Gold Corporation and Xstrata Nickel, operated [...]
Tanzanian Royalty Announces Second Quarter Startup For Kabanga Nickel Program
The Company is pleased to announce that a decision has been made to commence work on its extensive nickel holdings in Tanzania during the second quarter of 2007. The decision coincides with an announcement by Xstrata and Barrick to proceed with a pre-feasibility study for their Kabanga Nickel Project which is situated within the same [...]
Albidon delving for nickel/platinum/cobalt/copper camp in the Munali area of Zambia
Nickel exploration and development company, Albidon, believes a nickel camp is to be found within the Munali intrusion in Zambia and is continuing exploration and drilling here to increase the size of its prime Munali Nickel project and looking at prospective satellite orebodies.
Managing director Dale Rogers said after the Africa Mining Conference held in Livingstone, [...]
Douglas Lake Minerals Acquires Four Uranium Properties in Tanzania
Harp Sangha, CEO / President of Douglas Lake Minerals Inc., announced the company has successfully acquired four Tanzanian uranium properties that cover an area of approximately 500 square kilometres.
Two of the properties are located in Northern Tanzania in the Babati region. Initial reports provided by DLKM’s geological consultants, Geosource Explorer, have determined that these two [...]
