Liberty eyes significantly lower costs at Ontario nickel ops

Liberty Mines, which plans to restart production at its Ontario nickel operations early next year, believes it can reduce production costs by one-fifth, compared to the numbers for 2010, CEO Chris Stewart said in an interview this week. The...

Liberty shares rise on higher production

TSX-listed Liberty Mines increased ore throughput at its Redstone nickel concentrator, in Ontario, by 69% in the third quarter, to 95 587 t, compared with 56 520 in the second quarter, the firm said on Friday. Shares in Liberty jumped on the...

Liberty Mines expects sharp production ramp-up at Ontario nickel mine

TSX-listed Liberty Mines, which is 51% owned by China's Jilin Jien Nickel Industry, expects to see a sharp increase in output at its McWatters nickel mine, in Ontario, CEO Gary Nash said on Monday. Has a second mine, Redstone, and it plans to...

Anglo chair list includes Ramaphosa – source

South Africa has put together a list of proposed black candidates for a new chairperson of Anglo American Plc, including business magnate and former union leader Cyril Ramaphosa, a government source said on Thursday. The country wants to have a...

Merger mania expected to drive resources

At the launch of Ernst & Young’s mergers and acquisitions review for 2001 earlier this month, AngloGold financial director Jonathan Best said that global mergers and acquisitions will definitely continue to grow in the resources industry,...