Royal Nickel could be takeover target, analyst says
Royal Nickel (TSX: RNX; US-OTC: RNKLF) is an attractive takeover candidate, mining analyst Nik Rasskazovskiy of independent investment dealer Salman Partners contends in a recent research note.
Nickel
PDAC 2015: The ‘first green shoots have emerged’
With metal markets being the number-one indicator for the health of the global mineral exploration industry, a great way to kick off the technical program of the Prospectors & Developers Association of Canada convention in Toronto is to…
Wellgreen Platinum scales down PGM project
Wellgreen Platinum (TSX: WG; US-OTC: WGPLF) has delivered an updated preliminary economic assessment (PEA) for its Wellgreen platinum group metals and nickel deposit, in the southern Yukon, that cuts capital costs and the project’s mine…
North American Nickel gears up for work at Maniitsoq
VANCOUVER — North American Nickel (TSX-V: NAN; US-OTC: WSCRF) is making headway advancing its Maniitsoq nickel-copper-cobalt-platinum group metals property on the coast of southwestern Greenland, 85 km north of the capital Nuuk.
Rio Tinto’s McIntosh: ‘Exploration in our DNA’
VANCOUVER — There’s likely not an exploration manager with a bigger technical team or budget than Rio Tinto’s (NYSE: RIO; LSE: RIO) Stephen McIntosh, who serves as the mega miner’s global head of exploration and has…
First Nickel slashes jobs at Lockerby mine
First Nickel (TSX: FNI; US-OTC: FNKLF) is cutting 109 jobs at its Lockerby nickel-copper mine in Ontario’s Sudbury basin, as part of a restructuring plan to lower costs, resume exploration and extend the mine’s life.
Ivanhoe tables prefeasibility study on Platreef PGM project
In Ivanhoe Mines’ (TSX: IVN; US-OTC: IVPAF) first-ever conference call on its massive Platreef project in South Africa, executive chairman and company founder Robert Friedland declared that the orebody “is destined to change the…
BHP spinoff South32 to launch in mid-2015
BHP Billiton’s (LSE: BLT) spinoff company will be named South32, a nod to the location of its assets in the southern hemisphere and a more cryptic salute to the location of its main offices in Australia and South Africa.
PE fund invests in IMX’s Ntaka Hill nickel project
Private equity deals have been fewer this year than many in the mining sector had hoped, given the declining fortunes of hundreds of cash-strapped mining companies. So when a deal is made, it tends to get noticed.
Sherritt surges as Obama ends US isolation of Cuba
U.S. President Barack Obama’s call for a “new approach” in the U.S. government’s relationship with Cuba, including the establishment of diplomatic relations and an easing of economic and travel restrictions, has lifted…
Asian Mineral capitalizes on first-mover status in Vietnam
VANCOUVER — It’s been a long journey for Asian Mineral Resources (TSXV: ASN; US-OTC: AIERF) at its Ban Phuc nickel-sulphide project, 160 km west of Hanoi in Vietnam’s Son La province, but the company’s patience is about…
Vale may sell part of its base metals division
After paying almost US$20 billion for Inco in 2006, Vale (NYSE: VALE) says it may sell part of its base metals division to unlock value.