Nickel News

Nickel mining, investment and price news

Glasenberg: 'Supercycle ain't over' – demand 'higher than it’s ever been'

Frik Els | August 20, 2014
Glasenberg: 'Supercycle ain't over' - demand 'higher than it’s ever been'

Glencore CEO Ivan Glasenberg strikes positive note after announcing jump in profits, output and better trading conditions at Swiss commodities giant.

Potash prices, oversupply scaring potential Jansen partners: BHP

Cecilia Jamasmie | August 19, 2014
Potash prices, oversupply scaring potential Jansen partners: BHP

Chief Executive Officer Andrew Mackenzie said the project ramains in BHP's main plans, but added the firm is not in a rush to develop it.

Frik Els

The BHP show obscures Australian mining's deeper problems

Frik Els | August 19, 2014
The BHP show obscures Australian mining's deeper problems

Australia's non-bulk mining industry "will die without a strong pipeline of projects moving to development stage," says study.

BHP shares hammered on demerger, profit miss

Frik Els | August 19, 2014
BHP shares hammered on demerger, profit miss

World's number one miner hopes to save $3.6 billion spinning off aluminium, coal, manganese, nickel and silver assets into new company.

Cecilia Jamasmie

Demerged BHP may not hold on to coal assets for long: analysts

Cecilia Jamasmie | August 18, 2014
Demerged BHP may not hold on to coal assets for long: analysts

The division contributed just $746 million of the $21.12 billion earnings BHP reported for the 2013 financial year.

BHP spinoff could be worth $12 billion

Frik Els | August 18, 2014
BHP spinoff could be worth $12 billion

Speculation is of a new Perth-based company with current CFO Graham Kerr at the helm housing non-core assets including Australian lead-silver mine.

BHP says demerger preferred option

Frik Els | August 15, 2014
BHP says demerger preferred option

Decision to to lob off Billiton assets could come as early as next week.

Glencore zinc and nickel output drops

Frik Els | August 13, 2014
Glencore zinc and nickel output down

Mines in Australia and Dominican Republic put on care and maintenance and Canadian operations' reserves depleted during first half of the year.

Canadian miners performance beats global indexes in Q2

Cecilia Jamasmie | August 12, 2014
Canadian miners performance beats global indexes in Q2

Index gained 9% from April to June, outperforming the S&P/TSX Composite index, which gained 6%, and the London Metal Exchange index, which gained 7% in the same period.

Will mining disappear in the next decade?

Will mining disappear in the next decade

Trend of mine production moving to emerging economies will continue.

Aussie miners see more doom and gloom ahead

Frik Els | July 29, 2014
The BHP show obscures Australian mining's deeper problems

Survey shows 9 out of ten Australian mining execs see few positives over next 12 months.

Freeport, Indonesia make peace: copper exports to resume in August

Cecilia Jamasmie | July 25, 2014
Freeport, Indonesia make peace: copper exports to resume in August

Indonesia's top copper miner hopes next month to ramp up production and restart concentrate shipments from Grasberg, one of the world's largest copper mines.

Freeport to soon restart exports from Indonesia as gov’t offers tax cuts

Cecilia Jamasmie | July 24, 2014
Freeport to soon restart exports from Indonesia as gov’t offers tax cuts

About $500 million of exports a month have been halted in Southeast Asia's biggest economy because of the minerals dispute.

UN opens up more deep sea areas for mining, issues seven new licences

Cecilia Jamasmie | July 23, 2014
UN opens up deep sea for mining, issues seven new licences

State-owned and private companies from the UK, Germany, India, Brazil, Singapore and Russia are among those to benefit from the seabed regulator’s decision.

Indonesia lifts six-month ban of metal concentrate exports

Cecilia Jamasmie | July 22, 2014
Indonesia lifts six-month ban of metal concentrate exports

The shipments, the first of their kind in six months, were allowed after Sebuku Iron Lateritic Ores (SILO) and Lumbung Mineral Sentosa agreed to pay the new 20% tax.

Indonesia to revoke Newmont license unless resumes output, lifts lawsuit

Cecilia Jamasmie | July 17, 2014
Indonesia to revoke Newmont license unless resumes output, lifts lawsuit

Authorities are is planning to send a letter to the Colorado-based miner saying that it has defaulted on its contract and, therefore, is “negligent."

Cecilia Jamasmie

BHP sell-off could undo Billiton historic deal

Cecilia Jamasmie | July 13, 2014
BHP sell-off could undo Billiton historic deal

As BHP considers the sale of almost all of the businesses that Billiton brought to the 2001 merger deal, experts say the firm is likely to end up leaving London.

Lundin Mining acquires Freeport-McMoRan copper mine in Chile — report

Cecilia Jamasmie | July 11, 2014
Lundin Mining acquires Freeport-McMoRan copper mine in Chile — report

The transaction would be worth over $2 billion.

Freeport, Indonesia reach preliminary deal over copper exports

Cecilia Jamasmie | July 7, 2014
Freeport, Indonesia reach preliminary deal over copper exports

Newmont, instead, was called to return to the negotiation table or face the consequences.

Freeport-McMoran mulls selling one of largest copper mines in Chile

Cecilia Jamasmie | July 3, 2014
Freeport-McMoran mulls sale of one of largest copper mines in Chile

Sale of Candelaria mine could raise several billion dollars, according to people familiar with the matter quoted by WSJ.com.

Rick Mills' Econ 101— on rising demand and falling supply equals higher metals prices

The Gold Report | July 1, 2014
chalk board rick mills chinese commodity prices

Juniors can't fund their projects, which means that the majors' reserves will continue to shrink.

Sibanye Gold mulling move into platinum industry by year-end

Cecilia Jamasmie | June 30, 2014
Sibanye Gold fine-tunes details for Anglo’s platinum assets buyout

South Africa’s top gold producer is said to be going ahead with plans to expand into the country’s platinum sector before the end of the year.

Anglo American goes ahead and puts platinum mines, other assets up for sale

Cecilia Jamasmie | June 30, 2014
Anglo American goes ahead and puts platinum mines, other assets up for sale

The firm is offloading some of its historic South African platinum mines as part of a $4bn sale of under-performing assets.

AME BC responds to aboriginal title judgment from Supreme Court of Canada

AMEBC | June 26, 2014

Dialogue means more investment, jobs.

Copper price: Emptying warehouses spark red hot streak

Frik Els | June 26, 2014
Emptying warehouses spark red hot streak for copper price

The copper price has defied all predictions of a steep decline this year and is now honing in on 4-month high after the longest rally since 2005.

Glencore appoints Canadian as its first ever female director

Cecilia Jamasmie | June 26, 2014
Glencore appoints Canadian as its first female director

Patrice Merrin, 65, is a veteran to the industry.

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