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    market news

    Victory Nickel Says Manitoba Mine Gets Green Permit

    Investing News Network
    Aug. 24, 2011 11:34AM PST
    Base Metals Investing

    Reuters reports Victory Nickel Inc (TSE:NI) said the Manitoba government had granted environmental permit for its Minago sulphide nickel mine.

    Reuters reports Victory Nickel Inc (TSX:NI) said the Manitoba government had granted environmental permit for its Minago sulphide nickel mine.

    The market news is quoted as saying,

    Victory Nickel, which has four sulphide nickel deposits, said it planned to tender contracts for site engineering and power installation and could begin pre-stripping the open pit this winter.

    The Minago mine will produce about 26 million pounds of nickel per year for about nine years from an open pit in the Nose deposit, the company said in a statement.

    For the complete market news, click here.

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