Royal Nickel's revised prefeas study improves numbers

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...

Royal Nickel hires Rothschild to advise on funding

Royal Nickel Corp, hoping to build a mine in Quebec, has appointed Rothschild as financial advisor, the TSX-listed firm said on Wednesday. The company in November unveiled a positive prefeasibility study for the Dumont nickel project, outlining...

Brunswick mine, Canada

An underground mine, situated in Canada.

Lomas Bayas mine, Chile

An openpit mine situated in Chile.

Raglan mine, Canada

A nickel and copper mine, situated in Canada.

Sudbury mines, Canada

A nickel and copper mine, situated in Canada.

Royal Nickel unveils positive prefeas, seeks partners for Dumont

Royal Nickel, which announced a positive prefeasibility study for its Dumont project in Quebec on Tuesday, hopes to sell a 30% to 40% stake in the $1.1-billion project by the end of next year, CEO Tyler Mitchelson said in an interview. The study...

Barrick hires CIBC's McCreary to head corporate development

Barrick Gold has appointed Richard McCreary as senior vice-president for corporate development, the company said on Tuesday. McCreary has been head of CIBC World Markets' global mining investment banking group since 2009.

Cheers all round for new Canadian copper heavyweight

Analysts and investors on Thursday welcomed the announcement that Canadian base-metals miners Inmet Mining and Lundin Mining will merge, creating a new Canadian copper producer worth at least C$9-billion. Both companies have mines in Europe, and...

Canada to closely monitor potential Potash Corp takeover

The Canadian government is keeping a close eye on a potential foreign takeover of Potash Corporation of Saskatchewan, Industry Canada said on Tuesday. BHP Billiton has proposed a $130 a share offer for Potash Corp, which would value the company...

Canadian union wants govt investigation of Xstrata closure

The Canadian Auto Workers (CAW) union wants the government to investigate whether international miner Xstrata has good enough reasons for closing its Kidd metallurgical site, in Timmins, Ontario. The provincial and federal governments should...

FNX may look to Xstrata to process Sudbury ore

Mid-tier miner FNX Mining has held discussions with larger rival in the Sudbury region, Xstrata Nickel, on possibly sending ore from its mines to Xstrata's Sudbury mill, CEO Terry MacGibbon said on Tuesday. FNX has an offtake agreement with the...