Metallica Minerals Limited (ASX:MLM) advises that Mr Mark Ashley has today resigned as a Director of the Company. Mr Wu Shu has joined the Board as a nominee of the Jilin Nickel/Jien Mining Pty Ltd which now holds 19.95% of Metallica (refer to ASX release dated 11 May 2009).
Metallica Minerals Limited (ASX:MLM) is pleased to announce that China's second largest nickel producer, Jilin HOROC Nonferrous Metal Group Co., Ltd (Jilin), has increased its holding in the Australian diversified resource company to just over 15% (see ASX Release 15 April 2009).
Nickel Cobalt Project Moves To Large Scale Construction and Operational Phase For Highlands Pacific (ASX:HIG) At Ramu Project
Highlands Pacific Limited (ASX: HIG) is pleased to announce that its Joint Venture partner, MCC Ramu NiCo Limited (owner of 85% of the Ramu nickel cobalt project) has officially notified the Ramu Nickel Joint Venture partners, in accordance with the Master Agreement signed in March 2005, that formal Project commencement and accelerated major construction at the Project is due to commence within ninety (90) days.