May 28, 2012

Talvivaara may not expand if hit by tax: report

Finnish mining company Talvivaara (TLV1V.HE) (TALV.L) may halt plans to expand its nickel mine if Finland levies new taxes on mining as punishment for environmental problems, Talvivaara chief executive told…

May 28, 2012

An ‘abundance’ of targets for asteroid miners

"Space is big. Really Big. You just won't believe how vastly hugely, mind-bogglingly big," as the Hitchiker's Guide to the Galaxy once noted. About the only thing nearly as big,…

May 27, 2012

Big miners playing game of chicken as marginal producers sink below break-even

Smaller miners are waiting for production cutbacks by the market leaders to prop up prices the way Saudi-Arabia comes to the rescue of oil producing nations whenever the crude price…

May 27, 2012

Glenstrata takes shape this week

The prospectus giving details of the creation of a $90 billion mining and commodities trading behemoth will find its way to the inboxes of shareholders this week.

May 26, 2012

Military drones for mines and tailings

I can hardly wait to get my first project involving the use of a drone to monitor the performance of a mine tailings facility. These days some are so big…

May 25, 2012

Prophecy Platinum adds to 80% 12-month gain after Yukon project analysis

Prophecy Platinum added 2.5% on Friday on double usual trading volumes, after announcing results of a full spectrum analysis of PGMs on the first batch of samples from its PGM-Ni-Cu…

May 25, 2012

Balmoral announces nickel-copper-PGE discovery at Grasset, Detour Gold Trend Project, Quebec

Balmoral Resources Ltd. (TSX VENTURE:BAR)(OTCQX:BALMF) ("Balmoral" or the "Company") today reported a new discovery of nickel-copper-platinum group metal mineralization on the Company's wholly owned Grasset Property.

May 23, 2012

Asian Mineral Resources says no to Norilsk Nickel’s $22 million offer

Asian Mineral Resources' board is recommending that the shareholders turn down Norilsk Nickel's $22.3 million offer or 11 cents a share.

May 23, 2012

Sama Resources closes private placement of Can$4,402,394.40

The shares were issued at a price of CAN$0.60 per share.

May 19, 2012

First Nickel closes a US$10 million loan facility with the Bank of Nova Scotia

First Nickel Inc. ("First Nickel", "FNI" or the "Company") (TSX:FNI) is pleased to announce that it has entered into a US$10 million revolving credit facility with The Bank of Nova…