July 25, 2011

RIA Novosti: Norilsk Nickel sells 8.06 pct of shares to offshore companies

RIA Novosti reports that Norilsk Nickel has sold 8.06 percent of its shares to two offshore companies, Delmonico Group and Crelios Investment, for over $2.77 billion, the company said in…

July 24, 2011

AusNiCo intersects nickel from drilling at Pembroke prospect

AusNiCo has intersected 181 meters at 0.25% nickel from drilling at the Pembroke prospect, supporting extensions to its large low grade nickel sulphide mineralized system.

July 24, 2011

Philippines miners opposed ban on ore exports

Manila Bulletin reported that the mining industry has urged government to encourage processing of mineral ore into high value added products by granting incentives but they opposed a plan to…

July 22, 2011

Nautilus awarded exploration tenements in Eastern Pacific

Nautilus Minerals' (TSX:NUS)(AIM:NUS) Tongan subsidiary, Tonga Offshore Mining Ltd. ("TOML"), has become one of the first private sector organizations to be granted exploration licences in the highly prospective Clarion Clipperton…

July 21, 2011

Russia’s mining sector reverses output declines

According to a new report by Business Monitor International Russia's mining sector is set to grow slowly over the forecast period to 2015, marking a reversal of the declining output…

July 21, 2011

Commodities rise after Greek plan details emerge

Financial markets — including commodities — surged after details from the highly-anticipated EU Summit were released. Germany's demand that private investors be a part of any Greek bailout, which will…

July 20, 2011

Industrial metals (copper, aluminium, nickel, etc.) daily review (July 20, 2011)

Industrial metals touched its priciest levels in more than three months on Tuesday as upbeat demand prospects in two of the world's biggest consumers helped to keep a surprisingly strong…

July 19, 2011

PGMs, nickel explorer ends dispute with Constance Lake First Nation

Thunder Bay-based Zenyatta Ventures has ended its dispute with Constance Lake First Nation after the leadership of the 1,470-strong community decided to no longer pursue a motion of injunction against…

July 19, 2011

Canada stocks gain on strong commodities

Strong metal and oil stocks lift the TSX Composite Index Tuesday as the loonie rallies on expectations of eventual rate hike.

July 18, 2011

Commodities 2011 halftime report

Commodities don’t all perform in the same way. In any given year, a particular commodity will go gangbusters and outperform the group.