Mining News Pro - Cobalt 27 Capital Corp. has reached an agreement with Swiss-based Pala Investments whereby Pala will acquire 100% of Cobalt 27’s common shares. Cobalt 27 shareholders will receive $5.75 per share – $3.57 in cash and $2.28 in shares of a new company to be called Nickel 28 Capital Corp.
Mining News Pro - The latest feasibility study on RNC Minerals’ jointly-owned Dumont nickel-cobalt asset in Quebec, Canada, has identified the potential for both electrification and automation of the open-pit haulage fleet at the project.
Mining News Pro - Auroch Minerals is bolstering its presence in Western Australia through a proposed acquisition of Minotaur Exploration’s Saints and Leinster nickel projects near Kalgoorlie.
Mining News Pro - Nickel spiked to its highest level in over two weeks on Friday as bearish investors covered positions, while other industrial metals gained on a weaker dollar and hopes for a U.S.-China trade deal.
Mining News Pro - BHP has indicated it will keep the Nickel West business in Western Australia as the company looks to capitalise on the emerging global battery market.
Mining News Pro - First Quantum Minerals is investigating the possibility of re-starting its idled Ravensthorpe nickel/cobalt operation in Australia, according to UK-based market research firm Roskill.
Mining News Pro - The price of copper dropped to a 15-week low on Monday after China fired back in the mounting trade war with the US. In afternoon trade, copper for delivery in July touched $2.709 a pound ($5,972 a tonne), down 2.4% from Friday’s settlement.
Mining News Pro - Noront Resources of Toronto has chosen the Algoma Steel site in Sault Ste. Marie for its ferrochrome production facility.
Mining News Pro - First Quantum Minerals has signalled the potential comeback of its Ravensthorpe nickel-cobalt operation in Western Australia next year if commodity prices continue to rise.
Mining News Pro - Independence Group (IGO) has advanced its pre-feasibility study on its downstream nickel-cobalt extraction process, which involves hydrometallurgy of nickel sulphide concentrate in lieu of conventional smelting and refining methods.
Mining News Pro - Nickel prices ended higher on Monday after positive factory data from top steel producer China raised hopes for higher demand, while inventories fell.
Mining News Pro - CanAlaska Uranium agreed today to go ahead with the purchase of 100% of the past-producing Manibridge nickel mine in the Thompson Nickel Belt.
Mining News Pro - Murchison Minerals announced this week that it is now the sole owner of the Haut Plateau du Manicouagan nickel-copper-cobalt project in Québec, following its acquisition of Pure Nickel`s 50% interest in the project.
Mining News Pro - Sherritt International`s stock was up Friday, after announcing the company had reached three billion pounds of finished nickel production since operations began at its refinery in Fort Saskatchewan, Alberta.
Mining News Pro - Nornickel sees 2019 palladium market deficit at 800,000 oz
Mining News Pro - This week, Panoramic Resources sent out the first shipment of bulk nickel/copper/cobalt concentrate from its Savannah mine in Western Australia to Lianyungang, China.
Mining News Pro - Vale supply concerns boost nickel.
Mining News Pro - All is set for the Polaris Seismic exploration session slated for the 14th of February which according to the organizers is focused on promoting modern exploration technology and propelling Zimbabwe`s mining sector growth in line with Vision 2030.
Mining News Pro - Pancontinental Resources entered into a binding letter of intent with Pelangio Exploration to acquire up to a 75% interest in the Strachan nickel-cobalt-copper project, located 65 km northwest of Timmins.
Mining News Pro - French multinational mining company Eramet’s lithium project in the Andean Cordillera of Salta, north-west Argentina, is entering its final preparation phase, with an investment decision less than six months away.
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