NYSE Gold Miner McEwen Mining Inc. (NYSE:MUX) announced today that it has fallen below the New York Stock Exchange ("NYSE") continued listing requirement related to the price of its common stock.
Rox Resources (ASX:RXL) recently released a very positive scoping study on its flagship Fisher East Nickel Sulphide Project in the Western Australian goldfields region, and also announced a new nickel sulphide discovery at its Sabre Project.
East Africa focused potash company South Boulder Mines (ASX:STB) has announced Pre-feasibility Study results that show its flagship Colluli potash project could become one of the lowest-cost, and most significant, potassium sulphate operations in the world.
Deep Space Industries is pleased to announce the election of Julian Malnic, accomplished entrepreneur and business leader, to its Board. Julian is a recognized leader in the global mining industry, having founded both Nautilus Minerals Inc. and Direct Nickel, an emerging nickel producer with a revolutionary and dramatically lower cost extraction technology.
East Africa focused emerging potash company South Boulder Mines (ASX:STB) is on the development path at its Colluli Potash Project in southern Eritrea, East Africa, where the company's work on a pre-feasibility study is well advanced.
The method, developed by Julian Malnic, of Sydney's Direct Nickel (ASX:DIR), and colleagues, is expected to facilitate processing of nickel bound in a common type of laterite rock. Laterite rocks, which are formed through weathering, bear most of the world's future nickel resources however up until now have been uneconomic to process using existing methods.
Poseidon Nickel Limited (ASX:POS) is pleased to announce that it has agreed to acquire the Lake Johnston Nickel Project from OJSC MMC Norilsk Nickel. The acquisition of Lake Johnston would be in addition to the Black Swan acquisition announced on 7th July 2014.
