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...

Company Announcement: “Money Mining” Complimentary Briefing

Presenter, Gerald Whittle, is managing director of Whittle Consulting, who specialise in helping mining and mineral processing companies make a step change in their economic performance by accelerating cash production over the life of operation,...

Vale OKs $2bn project to curb Sudbury emissions

Vale, the biggest miner globally after BHP Billiton, has approved a $2-billion project to cut sulphur dioxide emissions at its Sudbury smelter by 70%, the company said on Thursday. The smelter will operate normally during the upgrade, expected to...

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...

Musselwhite mine, Canada

An underground 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...

Vale now active in Southern, Central and West Africa

In June, Brazilian diversified mining major Vale, the world’s second-biggest mining company by market capitalisation, reaffirmed that it is set to make major investments in Africa by 2016. “Our current investment proposal in Africa is to...

Brazilian major now active in Southern, Central and West Africa

In June, Brazilian diversified mining major Vale, the world’s second biggest mining company by market capitalisation, reaffirmed that it is set to make major investments in Africa by 2016.

Royal Nickel considers building $2.3bn project in stages, CEO says

Royal Nickel, the junior run by former Inco bosses, is considering starting production at its Dumont nickel project in Quebec on a smaller scale to reduce the estimated $2.3-billion capital cost, CEO Tyler Mitchelson said on Friday. “One thing...

Vale ramps up Sudbury smelter after restarting furnace

Miner Vale has restarted its number-two furnace at the Copper Cliff smelter complex in Sudbury, Ontario, and is ramping up production, the company said on Wednesday. The company estimates it lost about 12 200 t of finished nickel because of the...

Quadra FNX Victoria deposit looks 'attractive' – Vale's Pollesel

Quadra FNX Mining's Victoria project in Sudbury looks “very attractive” but it is too early to comment on whether Vale could exercise a back-in right on the deposit, Vale Canada COO John Pollesel said on Wednesday. Quadra FNX, which was...

Vale shuts Sudbury mine, investigations launched after two killed

Two workers were fatally injured on Wednesday night at Vale's Stobie mine in Sudbury, the company said on Thursday. Mine rescue was dispatched to where the employees were working at the 3 000-ft level, but both were pronounced dead at the scene.