TORONTO, CANADA-- - Inmet Mining Corporation announced today that Korea Panama Mining Corporation has completed its acquisition of a 20% interest in Minera Panama SA , owner and developer of the Cobre Panama development project. KPMC acquired its interest for US $169 million in cash. This combined with ...
TORONTO, ONTARIO-- - A well-funded and under-valued early-stage gold and nickel-cobalt-PGE mining company based in Vancouver "is sitting on properties in two of Canada's most prolific mining districts, with an excellent Phase 1 drilling result and an Nl 43-01 compliant gold resource for at least ...
HighlightsConsolidates ownership of the Nachingwea Nickel Project and simplifies the structure of the two companiesIMX to be the surviving entityAttractive project pipeline underpinned by cash flow from the Cairn Hill Mining OperationClear development strategy to advance the Nachingwea Nickel Project towards production in 2015Strengthens balance sheet with greater financial flexibilityEnhanced ...
SAO PAULO (Reuters) - Vale , the world's second-biggest nickel producer, said on Thursday it would suspend sales and purchase agreements at its Goro project on the French Pacific island of New Caledonia after an accident at the mine's sulfuric acid plant. Rio de Janeiro-based Vale declared "force majeure" after the accident, a legal term allowing a company to ignore contractual obligations when ...
TORONTO, ONTARIO-- - Continental Nickel Limited is pleased to report that final assay results from its 2012 drilling program on the St. Stephen Nickel-Copper project in New Brunswick Canada have been received ...
OTTAWA, April 30 (UPI) -- Canada's gross domestic product declined by 0.2 percent in February, led by decreased mining and oil and gas activity, Statistics Canada reported Monday.
Rich resources, skilled workforce and large investments poise province for billions in new mining growthST. JOHN'S, April 25, 2012 /PRNewswire/ - Newfoundland and Labrador's economy will benefit from billions ...
Intergeo registered a preliminary prospectus with regulators, the company said yesterday in a statement. The number of shares and price will be set later, Intergeo said.