African Eagle Resources plc has signed a Letter of Intent for an option and joint venture with SAFINA a.s. of the Czech Republic and its subsidiary Tanzania Precious Metals Refinery Limited (TPMRL), over the Ngasamo licence, adjacent to the Dutwa nickel laterite project in Tanzania.
Under the agreement, African Eagle can earn an interest of up to [...]

TORONTO, March 3, 2009 – Vale Inco Limited today announced a further restructuring of its global operations in response to ongoing challenges in the world nickel market.
The restructuring will see the elimination of approximately 900 full-time positions in the nickel business distributed across the Company’s operations worldwide. The workforce reductions focused in large part on [...]