October 3, 2011

Western Australia government challenges Federal government on taxes affecting mines

WA Mines Minister, Norman Moore, told the Paydirt 2011 Australian Nickel Conference, last week that "the federal government's proposed Mineral Resource Rent Tax (M-R-R-T), and the carbon tax are challenges…

October 1, 2011

First Quantum to Start Ravensthorpe Nickel Shipments by Nov

Mining Weekly reported First Quantum Minerals (TSE:FM,LON:FQM) expects to ship nickel from the Ravensthorpe mine by the end of November.

October 1, 2011

RLPC-Norilsk Nickel Seeks Up to $3.5 Billion Loan-Bankers

Reuters reported Norilsk Nickel (LON:MNOD) is in talks with banks for a loan of up to $3.5 billion to buy back shares.

September 30, 2011

PNG nickel mine ready to start dumping 200 million tonnes of waste in ocean

Despite a rancourous dispute with local landowners over compensation and infrastructure upgrades and an appeal against a Papua New Guinea High Court ruling approving the dumping, Australia's Highlands Pacific on…

September 29, 2011

Rusal completes $9.33 billion debt refinancing

As expected the proposal by Norilsk Nickel management to buy back some of the stake in it controlled by Oleg Deripaska’s RusAl has been rebuffed. 29.08, 12:39 The world’s largest…

September 28, 2011

Norilsk: May Sell Some Of Its Shares, Says Rusal May Dispute Buyback

MOSCOW -(Dow Jones)- Russian Polar miner OAO Norilsk Nickel (GMKN.RS) Wednesday said it may sell all or part of its treasury shares, representing in total a 9.23% stake in the…

September 28, 2011

We’ll need 170,000 workers, says BHP

CLANCY YEATES BHP BILLITON has predicted Australia's resources industry will need an extra 170,000 workers in the next five years, underlining the job bonanza set to hit mining states. Forecasts…

September 27, 2011

CaNickel announces $20 million in committed equity

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 27, 2011) - CaNickel Mining Ltd. ("CaNickel" or the "Company") (TSX:CML) is pleased to announce that it has entered into an equity financing agreement with…

September 27, 2011

Canadian stocks gain on metals and mining rally

SAN FRANCISCO (MarketWatch) -- Canadian stocks climbed 2.4% in midday trading on Tuesday, led by strength in metals and mining shares as world markets gained on optimism for more decisive…

September 27, 2011

First Nickel begins ore delivery from Ontario mine

Canadian miner First Nickel Inc said it restarted production at its Lockerby nickel-copper mine in Ontario and made its first ore delivery to diversified miner Xstrata Plc's nickel business.