Nickel News

Nickel mining, investment and price news

Aussie miners see more doom and gloom ahead

Frik Els | July 29, 2014
Aussie miners see more doom and gloom ahead

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.

Indonesia ban keeping nickel price on the boil

Frik Els | June 17, 2014
Indonesia ban keeps nickel price on the boil

Philippines and New Caledonia can't supply enough laterite nickel ore to China.

Freeport, Indonesia make headway towards settling copper exports impasse

Cecilia Jamasmie | June 17, 2014
Freeport, Indonesia make headway towards settling copper exports impasse

The parts agreed on basic framework for contract renegotiations for Grasberg mine.

Vale and Amazon Indians begin talks after threats of setting mine on fire

Cecilia Jamasmie | June 15, 2014
Vale and Amazon Indians begin talks after threats of setting mine on fire

Vale said the tribe wants to modify an agreement to mitigate the mine's impact on its community's development.

Asteroids mined for fuel to generate trillion dollar market, says firm

Cecilia Jamasmie | June 11, 2014
Asteroids mined for fuel to generate trillion dollar market, says firm

Orbiting spacecraft could be refuelled with water taken from asteroids—but some experts doubt the economics.

BHP Billiton a step closer to selling-off non-core operations

Cecilia Jamasmie | June 10, 2014
BHP Billiton a step closer to selling-off non-core operations

World's largest mining company said to be unloading all of the non-core units acquired after the merger with Billiton 13 years ago.

Brent Cook: Exploration sector hasn't hit bottom yet

Cambridge Network | June 7, 2014
Brent Cook

Brent Cook from Exploration Insights chats with Cambridge House Live anchor Vanessa Collette about the state of the junior mining sector.

Philippines eyes $1bn revenues from proposed new mining law

Cecilia Jamasmie | June 2, 2014
Philippines eyes $1bn revenues from proposed new mining law

The new revenue-sharing scheme would see the government taking 55% of the industry's net revenues or 10% of gross revenue, whichever is higher.

Vale gets green light to restart nickel mine in New Caledonia

Cecilia Jamasmie | May 30, 2014
Vale gets green light to restart nickel mine in New Caledonia

After over three weeks of being suspended over a chemical spill into a local river into a local river that killed about 1,000 fish.

Nickel, palladium and platinum outperforming in 2014

Not all is bad in the metals sector.

Vale’s New Caledonia nickel plant under siege, up to $30m in damage

Cecilia Jamasmie | May 27, 2014
Vale’s New Caledonia nickel plant under siege, up to $30m in damage

Angry rioters attacked the nickel facility, which has been closed since early May after an estimated 100,000 litres of acid-tainted effluent polluted a nearby creek.

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