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Rencore Resources Signs Option Agreement to Acquire Lizar Property in Ontario

Rencore Resources Ltd. (CNSX:RNC) has announced that it has entered into an option agreement to acquire a 100% interest in the mineral rights to 447 claim units totalling approximately 7,152 hectares (17,737 acres) in the Kabinakagami portion of the Dayohessarah-Kabinakagami greenstone belt.

23 Nov 2010

Empire Resources Discovers Nickel Copper Outcrop at Yuinmery

Empire Resources (ASX:ERL) has discovered new outcrops of nickel and copper sulphide at Yuinmery, south Western Australia. Dubbed as the Constantine prospect, the ironstone outcrop has traces of anomalous nickel, copper, cobalt, platinum and palladium. It is about 350 meters in length and 48 meters in width.

From Empire Resources Limited 22 Nov 2010

Clive Palmer Sets the Xmas Bonus Bar High

Clive Palmer, the mining billionaire, has turned around the Townsville mining company Queensland Nickel within a space of two years. The nickel refinery went from losing $10 million per month to making a $100 million profit this year.

22 Nov 2010

Growing Concern from Europe on Future Supply of Raw Materials

The European Union is seeing the shortage of raw materials as a major risk for the global economy as demand begins to exceed supply. European Union trade chief Karel De Gucht said that no country possessed all the raw materials that it needed.

21 Nov 2010

Buchans Minerals and Benton Resources Update on Long Range Nickel Joint Venture

Buchans Minerals Corporation (BMC-TSX-V) and Benton Resources Corp. (BTC-TSX-V) has provided an update on their 50/50 Long Range Nickel joint venture in central Newfoundland.

20 Nov 2010

Vale SA Looks to Pump $10 Billion into Canada

Brazilian mining giant Vale SA is looking forward to investing about $10 billion in Canadian Mining. Vale had entered Canada by taking over Inco Ltd, a nickel mining company in 2006. The company had paid nearly $20 billion for the investment however things have not gone too smoothly for Vale in Canada.

From Vale 18 Nov 2010