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Market: ASX
Sector: General Mining
Epic: ASX:GNI
News: Latest news
Web Site: Global Nickel Investments
Other Articles: 07-01-201014-12-200910-12-2009

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Tuesday February 09, 07:53Mediterranean Oil & Gas doubles proven and probable reserves for Ombrina Mare to 40 mmbbls

The good news gave a welcome boost to the group's share price, sending the stock up nearly 15 percent in early trade.

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Tuesday February 09, 11:07Randgold Resources remains focused on 1 million ounce production target

Speaking to assembled analysts in London, Randgold Resources CEO, Mark Bristow, told of a ‘great year' for his company, albeit also a challenging one, but one which would position it well for the years ahead

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Tuesday February 09, 01:53Chindex International reports increasing medical and healthcare revenues

Healthcare products and services group Chindex International (NASDAQ: CHDX) reported increasing revenues as it continued to expand its operations in the People’s Republic of China (PRC).

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Global Nickel Investments

Global Nickel Investments

Global Nickel Investments is an Australia-based company principally engaged in mineral exploration and project acquisition. It has a number of prospective tenements in Western Australia, New Zealand and Turkey.
Tuesday, November 17, 2009

Global Nickel Investments Further Consolidates Ground Holding at Jutson Rocks Project

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Global Nickel Investments (ASX: GNI) is strengthening its foothold on the Jutson Rocks area of Western Australia by acquiring a 99% interest in three exploration licence applications from private company Mt Vetter's.

Known as the Jutson Rocks West Project, the three exploration licence applications adjoin the western side of the Company’s current Jutson Rocks and Mt Cornell project areas.

Jutson Rocks is located 125km north east of Laverton in Western Australia.

The rocks are all part of the Archaean age Mt Venn Greenstone Belt, which is elongated in a north north west orientation.

The Mt Venn Greenstone Belt is 60km long, of which 55km of the strike length is within the current GNI project area.

The new exploration licence applications acquired contain mapped extensions of the Mt Venn Greenstone Belt.

GNI managing director Benjamin Cooper said the company considered the Mt Venn Greenstone Belt to be prospective for gold, nickel sulphide and platinum group metal discoveries.

Last week, GNI penned a deal to acquire the nearby Mt Cornell project, also in the Jutson Rocks area.

GNI signed a Heads of Agreement to take a 90% interest in the neighbouring gold, nickel and platinum project on a joint venture basis with listed company Graynic Metals (ASX: GYN).

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