Pure Nickel makes deal with Japanese group
A major Japanese conglomerate has agreed to invest up to $40 million in Pure Nickel’s (NIC-T, PNCKF-O) MAN project …
Nickel
Liberty puts its nickel operations on care and maintenance
Vancouver – Its Redstone mine has been in production for just over a year and its McWatters mine is in pre-producti…
Belvedere suspends development at Hitura
Plunging nickel prices have forced Belvedere Resources (BEL-V, BLVDF-o) to suspend operations at its Hitura nickel mine, in Finland.
First Nickel, FNX add to mine closure list
In the wake of crumbling nickel prices and mine closures, development has been temporarily suspended at a string of nickel projects, among them, First Nickel’s (FNI-T, FNKLF-o) Lockerby mine and FNX M…
Noront, Rosseau settle ahead of proxy battle
Noront Resources (NOT-V, NOSOF-o) president and CEO Richard Nemis stepped down at the company’s annual meeting on Oct. 28, but he wasn’t denied a proper send off at the at-times emotional meeting, rec…
Vale slashes iron ore production, trims nickel too
Saying that it is “adjusting to the new global economic scenario,” Vale (RIO-N) is dramatically scaling back its ir…
Citigroup turns bearish across the board (October 31, 2008)
Vancouver – In a new commodity outlook Citigroup Global Markets predicts all base metal markets moving to surplus i…
Sherritt buckles down after strong Q3
Although Sherritt International (S-T) had a strong third quarter, the company says it will cut back on spending in …
Nemis resigns as Noront president and CEO; named chairman emeritus for life
Noront Resources (NOT-V, NOSOF-O) president and CEO Richard Nemis stepped down at the company’s annual meeting toda…
Noront, Rosseau agree on compromise board
A day before Noront Resources’ (NOT-V) annual shareholders’ meeting — where a dramatic proxy contest was set to de…
Noront CEO speaks out
In the midst of a proxy fight with a dissident shareholder, Noront Resources (NOT-V, NOSOF-o) has fired back with a positive scoping study for development of its Eagle One copper-nickel-platinum group…
Azimut on Ungava uranium hunt (October 27, 2008)
One thing you can’t say about Jean- Marc Lulin, president and CEO of Azimut Exploration (AZM-V, AZMTF-o), is that he thinks small. Under Lulin’s leadership, Azimut has become likely the largest claim …