Latest Nickel Stories
U.S. cities are looking at falling revenues as the economy slows and foreclosures continue at a high pace, records show. San Diego found foreclosures more than doubled in 2008, reaching 5,551. The city expects a budget gap of $43 million for its fiscal year ending June 30, 2009, USA Today reported Monday. In Philadelphia, city official expect to close 11 libraries and 67 pools in this fiscal year. The city also expects to layoff 200 workers from a payroll that includes 23,000. Atlanta is...
Nearctic Nickel Mines Inc. (PINK SHEETS: NNMIF)(the "Corporation") announces that Mr. Paul Vorvis, LLB, MBA has been appointed the President of Nearctic Nickel Mines Inc. Caution Concerning Forward-Looking Statements The information in this news release includes certain information and statements about management's view of future events, expectations, plans and prospects that constitute forward looking statements. These statements are based upon assumptions that are subject to significant...
Noront Resources Ltd. ("Noront")(TSX VENTURE: NOT) wishes to report the following results from its exploration activities in the Ring of Fire portion of the McFaulds Lake area of northern Ontario in the James Bay Lowlands. Noront in its Eagle One Extension Program has been diamond-drill testing the peridotite north-south striking dike or conduit between the Eagle One deposit and the AT1 anomaly, some 800 meters to the south, since earlier this summer. The most recently completed hole in this...
TORONTO, Nov. 5 /PRNewswire/ -- Pure Nickel Inc. is extremely pleased to announce that it has entered into an exploration and option agreement with ITOCHU Corporation, a multi-billion dollar Japanese conglomerate. The agreement provides ITOCHU with the right to earn up to a 75% interest in Pure Nickel's 720-square-kilometre MAN Alaska property by investing up to $40 million in further exploration and development of the property. The MAN project is one of Pure Nickel's most promising...
HudBay Minerals Inc. (TSX: HBM) ("HudBay" or "the Company") today released its unaudited third quarter 2008 results. Net earnings in the third quarter were $2.8 million compared with $66.5 million in the third quarter of 2007. The lower earnings primarily reflect a lower average realized price for zinc and $27.2 million in asset impairment losses related to closure of the Company's Balmat mine. Operationally, HudBay had another strong quarter, delivering $54.5 million in operating cash...
The Board of Continental Nickel Limited (TSX VENTURE: CNI) is pleased to provide the following update with respect to new appointments in the company. At the annual general meeting of shareholders held October 29, 2008, Mr. Bruce Burton was elected as a director, replacing Mr. Geoff Wallace who did not stand for re-election as IMX Resource's nominee. Mr Burton is a seasoned financial professional with an extensive career in the mining and resource sector spanning over thirty-five years. He...
VMS Ventures Inc. (TSX VENTURE: VMS) (the "Company") is pleased to announce assay results from drill holes RD-08-65 and RD-08-66 at its Reed Lake Discovery Zone near Snow Lake, Manitoba. Highlights: - RD-08-65 Intersects: 99.32 metres (325.85 feet) of 1.08% Copper Including: 17.41 metres (57.12 feet) of 2.04% Copper - RD-08-66 Intersects: 4.40 metres (14.44 feet) of 4.46% Copper TABLE ONE REED LAKE DRILLHOLES(i) RD-08-65, RD-08-66...
TORONTO, Canada, October 27 /PRNewswire-FirstCall/ -- Duluth Metals Limited ("Duluth Metals") (TSX: DM) (TSX:DM.U) today announced significant new assays for seven holes drilled in a higher grade eastern corridor of the Nokomis Deposit located near Ely, Minnesota. These seven holes were concentrated in an area of historically higher grade copper-platinum-palladium mineralization and confirmed significant higher grade values. Highlights of the drilling program include: MEX-138, which...
FNX Mining Company Inc. (TSX: FNX) ("FNX" or the "Company") announced today that, due to low commodity prices and low provisional metal accountabilities along with high operating costs at its Levack nickel contact deposits, the Company has suspended "commercial" production from that part of its Levack Complex. However, mining from the Levack nickel deposits will continue during the fourth quarter to produce about 35,000 tons of "metallurgical test" production. The tons extracted will be...
VMS Ventures Inc. (TSX VENTURE: VMS) (the "Company") is pleased to announce assay results from drill holes RD-08-62, RD-08-63, RD-08-64 at its Reed Lake Discovery Zone near Snow Lake, Manitoba. Highlights: - RD-08-62 Intersects: 2.29 metres (7.51 feet) of 10.42% Copper - RD-08-63 Intersects: 3.36 metres (11.02 feet) of 4.51% Copper - RD-08-64 Intersects: 14.47 metres (47.47 feet) of 3.27% Copper TABLE ONE REED LAKE DRILLHOLES(i) RD-08-62, RD-08-63, RD-08-64...
Latest Nickel Reference Libraries
Cobalt is a chemical element in the periodic table that has the symbol Co and atomic number 27. Notable characteristics Cobalt is a hard ferromagnetic silver-white element. The Curie temperature is of 1388 K with 1.6~1.7 Bohr magnetons per atom. It is frequently associated with nickel, and both are characteristic ingredients of meteoric iron. Mammals require small amounts of cobalt salts. Cobalt-60, an artificially produced radioactive isotope of cobalt, is an important radioactive...
Garnierite is a mineral composed of hydrous nickel silicates a member of the serpentine group with formula: (Ni,Mg)3Si2O5(OH). Népouite is a synonym. Garnierite is important as a source of nickel and is mined from laterite deposits which are formed by intense weathering and secondary enrichment of ultramafic igneous rocks.
Pentlandite is a iron-nickel sulfide, (Fe,Ni)9S8. Pentlandite usually has a Ni:Fe ratio of close to 1:1. It also contains minor cobalt. Pentlandite forms isometric crystals, but is normally found in massive granular aggregates. It is brittle with a hardness of 3.5 - 4 and specific gravity of 4.6 - 5.0 and is non-magnetic. It has a yellowish bronze color. Pentlandite is the chief ore of nickel. Typically associated with pyrrhotite, niccolite, biotite, millerite, pyrite, and chalcopyrite...
Platinum is a chemical element in the periodic table that has the symbol Pt and atomic number 78. A heavy, malleable, ductile, precious, gray-white transition metal, platinum is resistant to corrosion and occurs in some nickel and copper ores along with some native deposits. Platinum is used in jewelry, laboratory equipment, electrical contacts, dentistry, and anti-pollution devices in automobiles. Notable characteristics The metal is a beautiful silvery-white when pure, and malleable...
