Nickel

A core sample with visible gold from Rainy River Resources' namesake gold project in Ontario. Source: Rainy River Resources

Rainy River hits feasibility milestone

Rainy River Resources’ (RR-T) president and CEO Raymond Threlkeld is touting the company’s Rainy River gold deposit in northwestern Ontario as “low risk and very high return.”


Drillers at First Point Minerals and Cliffs Natural Resources' Decar nicked project in central British Columbia. Source: First Point Minerals

First Point and Cliffs envision a nickel mine at Decar

VANCOUVER — A preliminary economic assessment (PEA) for the Decar project in central B.C. estimates an open-pit mine at the site could produce nickel commercially for joint-venture owners First Point Minerals (FPX-T) and Cliffs Natural…





Construction workers at Sherritt's  Ambatovy project. Source: Sherritt International

Sherritt reports loss but boosts dividend on back of Ambatovy

Sherritt International (S-T) had to shoulder some of the same industry wide hardships as lower commodity prices and higher costs, but the company signaled its bullishness for the future by increasing its dividend despite reporting a fourth…



Vale takes hefty write-downs

 Vale (VALE-N) is taking a US$2.85 billion write-down on its Onça Puma nickel mine in the northern Brazilian state of Para after troubles with two furnaces earlier this year led to the halting of its ferronickel…



Duluth, Antofagasta go big on the South Kawishiwi

Toronto-based Duluth Metals (DM-T) and 40% joint-venture partner Antofagasta (ANTO-L) can claim to hold one of the largest pollymetallic sulphide deposits following a resource update on the Twin Metals project near Ely, Minn. Duluth announced…


A drill platform at Inmet's Cobre Panama project. Source: Inmet Mining

First Quantum offers $5.1B in sweetened bid for Inmet

First Quantum Minerals (FM-T, FQM-L) has stepped up its game for Inmet Mining (IMN-T) with a hostile $5.1-billion takeover offer in hopes of winning over Inmet shareholders after failing twice to entice the company’s board in recent…


Lundin's Neves-Corvo copper-zinc mine in Portugal. Source: Lundin Mining

Lundin slips on three-year output guidance

Toronto-based Lundin Mining (LUN-T) dropped slightly after publishing its three-year production outlook for 2013 to 2015, as it lowered its estimates for copper, zinc and nickel from its previous guidance, but managed to keep them above 2012…


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