Xstrata throttles back Sudbury nickel output, chops 686 jobs
Continued low nickel prices are forcing Xstrata (XTA-L) subsidiary Xstrata Nickel to step up the shrinking of its n…
Nickel
Cliffs Buys Into KWG On ‘Ring Of Fire’ Chrome Discovery
Coking coal and iron ore heavyweight Cliffs Natural Resources (CLF-N) is investing US$3.5 million in a private placement for a 19.9% stake in KWG Resources (KWG-V, KWGBF-O) to gain a foothold in what …
Vale Inco Reaches Agreement With Province On Voisey’s Bay
Vale Inco has reached an agreement with the province of Newfoundland and Labrador to amend the Voisey’s Bay development agreement regarding the proposed hydromet nickel-processing plant to be built at…
New Lanfranchi Resource For Brilliant, Panoramic
VANCOUVER — A new estimate has boosted the nickel resource at the Lanfranchi mine in Western Australia for joint-venture partners Panoramic Resources (PANRF-O, PAN-A) and Brilliant Mining (BMC-V).
BHP Moves To Stanch The Bleeding
VANCOUVER–The world’s biggest mining company has joined the lengthy list of majors to close operations and trim payrolls in the face of sagging metal prices. BHP Billiton( BHP-N, BLT-L, BHP-A) is sus…
Vale Inco Halts Concentrate Shipments From Voisey’s Bay
Vale (RIO-N) subsidiary Vale Inco has stopped shipping concentrate from its gigantic Voisey’s Bay nickel mine as part of an agreement with the province of Newfoundland and Labrador, pending the outcom…
Cliffs buys into KWG on ‘Ring of Fire’ chrome discovery
Coking coal and iron ore heavyweight Cliffs Natural Resources (CLF-N) is investing US$3.5 million in a private pl…
Vale Inco reaches agreement with province on Voisey’s Bay
Vale Inco has reached an agreement with the province of Newfoundland and Labrador to amend the Voisey’s Bay develop…
International Royalty comments on Voisey’s Bay concentrate shipments
International Royalty Corp. (IRC-T, ROY-x) says Vale Inco’s agreement to stop concentrate shipments from Voisey’s B…
Vale Inco halts concentrate shipments from Voisey’s Bay
Vale (RIO-n) has stopped shipping concentrate from its gigantic Voisey’s Bay nickel mine as part of an agreement wi…
BHP suspends Ravensthorpe operations and cuts 6,000 jobs
Vancouver – The world’s biggest mining company has joined the now lengthy list of majors to close operations …
Commentary: Commodity Prices To Bottom In 2009: Banks
While TD Bank sees the commodities market starting to rebound in the second half of 2009, followed by more pronounced price increases in 2010, the World Bank believes that, over the long term, commodi…