Nickel

New Brunswick: top spot for mining

The international mining industry has ranked New Brunswick as the world’s most attractive jurisdiction for exploration and development, unseating last year’s winner Alberta which fell to third place behind Finland, according to the…


A drill rig at Magma Metals' Thunder Bay North platinum-palladium-copper-nickel project, located 50 km northeast of Thunder Bay, Ontario. Photo by Magma Metals

Panoramic launches hostile bid for Magma Metals

An unfriendly takeover bid of Magma Metals (MMW-T, MMW-A) by Australia’s Panoramic Resources (PAN-A) sent Magma’s shares in Toronto up 77% to close at 15¢ on Feb. 3 with nearly 3 million shares changing hands.  


First Point Minerals president and CEO Peter Bradshaw examines awaruite core at the Decar nickel-iron ore project in central British Columbia. Photo by Matthew Allan

First Point shares up 105% so far in 2012

The junior mining sector is off to a good start in 2012, though few companies have seen their share price rise as much as First Point Minerals (FPX-V). The company’s shares are up 105% since Dec. 30, climbing from a near-52-week low of 41¢…


Salazar gains on Lundin’s investment

Salazar Resources (SRL-V) climbed 18% on news that Lundin Mining (LUN-T) acquired a 15.4% stake in the company by buying over 80% of Salazar’s $3-million private placement, consisting of 6 million units priced at 50¢ apiece.


First Point shares up 105% so far in 2012

The junior mining sector is off to a fantastic start in 2012 and few companies have seen their share price rise as much as First Point Minerals (FPX-V). The company’s shares are up 105% since Dec. 30, climbing from a near-52-week low of…


Another fatality at Vale’s Sudbury mines

Vale (vale-n) has temporarily halted all of its underground mining activity at its five nickel-copper mines in Sudbury, Ont., following the death of a miner at the Coleman mine on Jan. 29.


Quadra FNX ups Victoria resource

Infill drilling at Quadra FNX Mining’s (QUX-T) polymetallic Victoria project in Sudbury, Ont., has increased inferred resource tonnage by 16% and raised by 32%, 26% and 4% its contained nickel, copper and total precious metals, respectively,…


At Prophecy Platinum's Wellgreen nickel-copper-PGM project in the Yukon, from left: field geologist Rex Camit; senior geologist Danniel Oosterman; and project geologist Rory Calhoun. Photo by Matthew Allan

Prophecy Platinum starts winter drill program at Wellgreen

Fifteen kilometres off the paved Alaska Highway in southwestern Yukon, the Wellgreen nickel-copper-platinum group metal (PGM) project sits largely as it has since 1973, when Hudson-Yukon Mining abandoned underground mining there after one year…



Quadra FNX boosts resource at Victoria

Infill drilling at Quadra FNX Mining’s (QUX-T) polymetalic Victoria project in Sudbury, Ontario has increased tonnes of inferred resources by 16% and raised by 32%, 26% and 4% its contained nickel, copper and total precious metals,…


CaNickel cuts production at Bucko Lake

CaNickel Mining (CML-T) is scaling back operations at its Bucko Lake nickel mine near Wabowden, Man. owing to “unfavourable” nickel prices, the company has announced.



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