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Cominco American Obtains Rights to Mesaba Copper-Nickel Deposit -(Cominco )
Cominco has Acquired the Rights to the Undeveloped Mesaba Copper-Nickel Deposit in Minnesota. the Mesaba Deposit is Estimated to Contain Resources of More Than 700 Million Tonnes Grading0.46 % Copper and0.12 % Nickel,Accessible by Open PIT,and a Further 300 Million Tonnes of Higher Grade Resources,Which Could be Mined Underground. a 5000- Tonne Bulk Sample of the Mesaba Ore,Processed to Produce Concentrate,Will be Tested in the Cesl Pilot Plant in Vancouver. Cesl is a Hydrometallurgical Technology That Uses Liquid Processes to Recover Refined Metals From Ore and Does not Produce Significant GAS Emissions or Toxic Waste.(Cominco LTD )
Executive Changes Made -(Billiton )
the Australian Government has Given Conditional Approval for the BHP-Billiton Merger. the Foreign Investment Review Board has Also Approved the Merger,With Certain Conditions,Namely That the Global Headquarters,the Chief Executive and Chief Financial Officer are to Remain in Australia. Shareholders Voted Overwhelmingly in Favour of the Merger Last Month. in Related News,MR. Mick Davis Resigned as Executive Director Finance of Billiton plc on June4to Take up the Position of Chief Executive of Xstrata AG.(Billiton plc )
5/5/2016 4:47:31 PM