Nickel
CORPORATE ACTIVITY
Norilsk reaffirms potential hostile AMR bid
0 COMMENTS
Russia’s Norilsk Nickel on Thursday reaffirmed its potential hostile bid to take over TSX-V-listed Asian Mineral Resources (AMR) through an all-cash transaction.
Norilsk, the world’s biggest nickel and palladium producer, said it had...
By: Henry Lazenby
25th May 2012
CORPORATE ACTIVITY
Asian Minerals says Norilsk hostile offer 'too vague'
0 COMMENTS
Directors of emerging nickel producer Asian Mineral Resources (AMR) on Thursday said a hostile takeover bid by Russia's Norilsk Nickel, the world's biggest nickel and palladium producer, for all the shares of AMR, was “too vague”.
In a...
By: Henry Lazenby
24th May 2012
IPO
Russian billionaire Prokhorov files for copper-nickel Toronto IPO
0 COMMENTS
Move over Mark Zuckerberg.
Russia’s Mikhail Prokhorov, who Forbes ranks as the 58th richest person globally, has filed a prospectus to list his Intergeo MMC in Toronto, announcing it the day before Facebook goes public.
By: Matthew Hill
17th May 2012
CORPORATE ACTIVITY
IMX gains full ownership of Tanzania project as it takes over partner
0 COMMENTS
ASX-listed IMX Resources and TSX-listed Continental Nickel have entered into an agreement to consolidate the ownership of the Nachingwea nickel project, in Tanzania.
Under the terms of the agreement, IMX has agreed to acquire all of the issued...
17th May 2012
BRASS
US March brass mill imports, exports fall y-on-y
0 COMMENTS
US imports of brass mill products eased 0.9% in March from a year earlier and exports fell 11.7% during that time, an industry group said.
Imports of brass mill products in March slipped to 43.5-million pounds from 43.9-million pounds in the same...
By: Reuters
15th May 2012
NICKEL
Royal Nickel's revised prefeas study improves numbers
0 COMMENTS
Canada’s Royal Nickel on Monday said it tweaked a November prefeasibility study for its Dumont nickel project, in Quebec, boosting its net present value by 31% to $1.4-billion.
Improved recoveries and incorporating so-called trolley assist...
By: Matthew Hill
15th May 2012
CAPITAL RAISING
Mirabela sets sights on A$120m raising
0 COMMENTS
ASX- and TSX-listed nickel miner Mirabela Nickel has launched a A$120-million equity raising through a strategic placement to the Resource Capital Fund, and an accelerated pro-rata nonrenounceable entitlement offer.
The strategic placement to...
15th May 2012
NICKEL
Western Areas ups nickel production guidance
0 COMMENTS
Nickel miner Western Areas on Friday announced an increase in its production expectations for 2012 as the Spotted Quoll underground mine performed above expectations.
The ASX- and TSX-listed miner said that the project would now produce some 30...
11th May 2012
NICKEL
Vale invokes force majeure at nickel project
0 COMMENTS
Vale, the world's second-biggest nickel producer, said on Thursday it would suspend sales and purchase agreements at its Goro project on the French Pacific island of New Caledonia after an accident at the mine's sulfuric acid plant.
Rio de...
By: Reuters
11th May 2012
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Nickel Multimedia
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