Nickel

Twin Metals Minnesota says the copper, nickel and precious metals mining projects that it is planning for the Eky area of northeastern Minnesota is still in the planning stages so it is still unknown when the company can began mining.

Callinex Mines Inc. has discovered approximately 80 meters of graphite mineralization at its Neuron property situated just west of the Thompson Nickel Belt in Manitoba, Canada. The junior mining company found the graphite while completing its winter drilling activities.

After an extensive three-year decline, world nickel prices are increasing once again in Cuba. Used in stainless steel production, nickel is Cuba’s number one export commodity.

After Indonesia restricted unprocessed ore exports and the European Union and the US imposed economic sanctions against Russia, the price of nickel is rising because of supply concerns.

Fednav, the Montreal-based company that specializes in transporting bulk and general cargo worldwide, has announced the arrival of its latest ship, the MV Nunavik.

The icebreaker was built at JMU’s Tsu Shipyard in Japan and will be used for exporting the concentrates produced at the Canadian Royalties owned Nunavik Nickel mine at Deception Bay located in Northern, Quebec.

In 2013, Toronto-based Royal Nickel signed an alliance with China’s Tsingshan Holding Group. Both companies had plans to build the world’s first integrated nickel pig iron plant.

Now in the process of being built, the new facility will use nickel sulphide concentrate to make stainless steel.

The Toronto-based mining company, Duluth Metals, has increased its metal content as well as the tonnage of the resources in four deposits at its Twin Metals project in the northeast area of Minnesota.

The Northbrook, Illonois-based Michlin Metals is celebrating 30 years of being a premier supplier of nickel, commercial and aircraft alloys to the aerospace industry. The female-owned company has striven to offer top quality metals and services.

The Brazilian mining company, Vale SA, is predicting that cash generation from its base-metals division will roughly quadruple over the next year as new copper and nickel operations go into production.

The current President and CEO of Royal Nickel (RNC), Tyler Mitchelson, has announced that he is leaving the company to work at Anglo American Corporation. Despite this change, Mr. Mitchelson will stay on as the Director of RNC.

The Ontario government is making a major move towards developing the massive Ring of Fire region. Last week the government announced that it was hiring the consulting firm Deloitte to help work on a development corporation that would build infrastructure in the Ring of Fire.