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USGS Releases Nonmetallic Minerals Products Index

The nonmetallic mineral products industry leading index decreased 2.4 percent to 240.5 in July from a revised 246.3 in June, and its 6-month smoothed growth rate fell to -0.7 percent from 4.3 percent in June. The 6-month smoothed growth rate is a compound annual rate that measures the near-term trend.

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Victory Nickel Suspended Production in Q1

Victory Nickel Inc. reported financial results for the three- and six-month periods ended June 30, 2015. Effective Oct. 1, 2014, the company changed its functional currency and presentation currency to the United States dollar from the Canadian dollar.

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Brilliant Sands Touts McClelland Lake Project

Brilliant Sands Inc. has received extremely positive results from the continuous exploration program at its McClelland Lake sand property in Alberta, Canada. The results confirm initial test results indicating the presence of high-quality proppant sand deposits at the property.

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