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NICKEL: SNC-Lavalin to sell Ambatovy share for $600M

Source: Daily News | 2015-10-01
MADAGASCAR – SNC-Lavlin of Montreal has elected to sell its 5% share in the Ambatovy laterite nickel joint venture to Sumitomo Corp. for $600 million. Sumitomo will now enjoy a 32.5% interest in the project. The balance is held by...

Balmoral offers a new way to play the Detour trend

Source: Daily News | 2015-10-01
VANCOUVER —  Any investor on the lookout for a junior explorer offering base and precious metal exposure via emerging in situ metal resources and strategic land positions, might take a second glance at Balmoral...

Royal Nickel's Dumont nickel project has world scale potential

Source: Print Archives | 2015-10-01
Mark Selby, president and chief executive officer of Toronto-based Royal Nickel Corp., expects to be doing lots of travelling, and even more talking, this fall because he will be knocking on doors at major global trading houses and stainless...

NICKEL: KGHM puts McCreedy West mine on care and maintenance Oct. 1

Source: Daily News | 2015-09-22
ONTARIO – KGHM International of Toronto says low metal prices are forcing it to put its McCreedy West nickel mine on care and maintenance by Oct. 1, 2015. The mine is located near Sudbury.

NICKEL-COPPER-PGM: Balmoral extends Grasset H3 zone at depth with long and strong intersection

Source: Daily News | 2015-09-08
QUEBEC – Balmoral Resources of Vancouver reports that it has successfully extended the higher grade core of the H3 zone down plunge by more than 30%, and the zone remains open at depth. The H3 zone is located at the Grasset gold-copper...

NICKEL-COPPER: Metis and KGHM sign MOU for Victoria project

Source: Daily News | 2015-09-03
ONTARIO – The Metis Nation of Ontario and KGHM International have signed a memorandum of understanding for the Victoria nickel-copper project in the Sudbury Basin. KGHM has advanced the property to the development stage and plans to start...

Vale green-lights underground mine at Voisey's Bay

Source: Daily News | 2015-08-24
The natural resources industry of Newfoundland and Labrador – beaten down as it is by the steep decline in iron ore and oil prices – has received a most welcome board level confirmation from Vale that it will indeed pursue...

NICKEL: Receiver to be appointed for First Nickel

Source: Daily News | 2015-08-20
TORONTO – Following the suspension of all mining and development at its Lockerby nickel mine near Sudbury, ON, First Nickel appears to be headed for receivership. One of the company's creditors, Resource Capital Fund V, has demanded...

NICKEL-IRON: First Point, Cliffs rejig Decar project deal

Source: Daily News | 2015-08-10
BRITISH COLUMBIA - First Point Minerals Corp. of Vancouver and Cliffs Natural Resources of Cleveland, OH, have amended their agreement covering the Decar nickel-iron project 80 km north of Fort St James. It is now a contractual joint venture...

Equitas hunts next Voisey's Bay

Source: Daily News | 2015-08-10
Junior Equitas Resources (TSXV: EQT; US-OTC: EQTRF) has kicked off a second phase of exploration at its Garland nickel-copper-cobalt property in Newfoundland and Labrador, with the hope of discovering deeper Voisey’s Bay style...