Continental Nickel Intersects More High Grade Nickel at Three Zones at the Nachingwea Project

Continental Nickel Limited announce additional assay results from drilling on its 70% owned Nachingwea nickel sulphide project in Tanzania. The Nachingwea project is a 70:30 Joint Venture with IMX Resources NL (”IMX”) of Australia. Continental Nickel is conducting a C$7.0 million exploration... Read more..

Gladstone Pacific Nickel Ltd Extension of MOU

GPNL today announces an extension of the exclusivity period for its Memorandum of Understanding (”MOU), for the development of the Gladstone Nickel Project (”GNP”), with China Metallurgical (Group) Corporation (”MCC”). The MOU announced on 30 January 2008 provided MCC with... Read more..

Gladstone Pacific Nickel Ltd Terminates Ore Supply Heads Of Agreement With SMT

As announced on 22 July 2008, the cross equity participation arrangements on the Ouinne SAS JV have now been fixed with Société Minière Georges Montagnat (”SMGM”). GPNL today announces the termination of its Heads of Agreement (”HOA”), to secure limonite nickel ore supply from... Read more..

Nickel sees 2-yr low

It has recently reported that Nickel hit a two-year low on Friday as worries about demand from stainless steel mills mounted, while copper came under pressure from fears of global economic slowdown. Three-month nickel on the London Metal Exchange touched $18,250 a tonne, the lowest since June 2006.... Read more..

Mining firm to ship 450,000 MT of nickel ore to Australia

The Platinum Group Metals Corp. (PGMC) mine sites in Surigao and Isabela will ship at least 450,000 metric tons of nickel ore to Australia before the end of the third quarter this year. The mining firm’s mine site in Cagdianao, Surigao del Norte, is scheduled to ship at least six boatloads of 50,000... Read more..

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Franconia Minerals Receives Final Loan and Grant Payments From the State of Minnesota for Birch Lake

Franconia Minerals Corporation report that it has received all funds from the State of Minnesota related to its 2006 loan agreement, providing the Company with a total of US$2.0 million in loans and US$500,000 in the form of a non-repayable grant. According to the original terms of the 2006 loan agreement,... Read more..

Champion Minerals Commences Diamond Drilling to Test New Combined Gravity-Magnetic Anomalies at Gullbridge and Powderhorn Properties in Buchans Mining Camp

CHAMPION MINERALS INC. announce that a diamond drill rig has been mobilized to the Company’s Gullbridge and Powderhorn Base Metals Properties in the Buchans Mining Camp of central Newfoundland. Drilling will consist of a three hole 1,600m program. The planned drill holes are targeting three of... Read more..

PolyMet Receives Draft EIS From Department of Natural Resources

PolyMet Mining Corp. announced that it has received the draft Environmental Impact Statement (”EIS”) assessing the Company’s proposed mine development project located in the established mining district of the Mesabi Iron Range in northeastern Minnesota. PolyMet controls 100% of the... Read more..

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Pacific North West Capital Corp. Options Fiedmont Platinum Group Metals (PGM) Property

Pacific North West Capital Corp. announce that the Company has entered into an Option Agreement with Kinbauri Gold Corp. whereby PFN may earn a 60% interest in Kinbauri’s Fiedmont Property subject to a 2% NSR held by the original vendors; the vendor’s NSR is subject to a one percent, $900,000... Read more..

VMS Ventures Inc.: Drill Hole RD-08-73 Intersects 11.70 Metres of 6.12% Copper, at Reed Lake Discovery Zone, Snow Lake, Manitoba

VMS Ventures Inc. announce results from drill hole RD-08-73 at its Reed Lake Discovery Zone near Snow Lake, Manitoba. Vice President of Exploration, Dr. George Gale, states: “Hole RD-08-73 was drilled below, and at the same azimuth as, holes RD-08-61, RD-08-51 and RD-08-54 near the western edge... Read more..