Nickel News

Nickel mining, investment and price news

US Congress passes bill on space mining

Cecilia Jamasmie | May 22, 2015
US Congress passes bill on space mining

Welcome to the future.

Gwen Preston - Resource Maven

Eight picks from four experts

In two weeks, four of today’s top experts in the metals and mining sector are gathering at the inaugural Metals Investment Forum to introduce some of their best bets for profiting in the upcoming turnaround.

'Skinny' South32 disappoints on debut

Frik Els | May 18, 2015
'Skinny' South32 disappoints on debut

Market valuation at lower end of expectations on worries over dearth of reserves. BHP stock falls 6%.

Cecilia Jamasmie

Copper, nickel prices likely to be hit by El Niño event

Cecilia Jamasmie | May 13, 2015
Copper, nickel prices likely to be hit by El Niño event

The recurring phenomenon — a warming of the Pacific Ocean as part of a complex cycle linking atmosphere and ocean — has in the past affected mine output, triggering price spikes.

Visual Capitalist

INFOGRAPHIC: Aluminum – the metal extraordinaire

Visual Capitalist | May 7, 2015

Aluminum (or aluminium) is the world’s most common metal by crustal abundance, making up 8.2% of mass. It’s more common than iron (5.6%) and a whopping 1200x more abundant than copper.

South32 gets going after BHP investors strong support, sees M&A opportunities

Cecilia Jamasmie | May 6, 2015
South32 gets going after BHP investors strong support, sees M&A opportunities

BHP Billiton shareholders have overwhelmingly voted in favour of the South32 demerger, a spin off that creates Australia’s third-largest mining company.

Outside money starts to pour into mining M&A

Frik Els | May 4, 2015
Report: Outside money starting to pour into mining M&A

Mick Davis hasn't spent a cent of his $6bn, but private money and non-mining players' share of M&A has already doubled in less than three years.

Workers end two-week long strike at BHP’s nickel mine in Colombia

Cecilia Jamasmie | May 4, 2015
Workers end two-week long strike at BHP’s nickel mine in Colombia

It's estimated that the labour action generated about US$26 million in losses, forcing BHP to declare force majeure last week.

China is burning through its natural resources

Vladimir Basov | April 26, 2015
Slowdown. What slowdown? China's copper, iron ore imports set records

China is the globe's top mining country, but its alarming reserves-to-production ratio is forcing domestic miners to hunt for deals in the rest of the world.

Mick Davis tells investors to stay away from coal, Africa

Cecilia Jamasmie | April 22, 2015
Mick Davis tells investors to stay away from coal, Africa

When asked about how much lower commodities prices will dive this year, Davis said he thought they were close to hitting rock bottom.

Over 240 mining and energy projects waiting for investors in Cuba

Cecilia Jamasmie | April 21, 2015
Over 240 mining and energy projects waiting for investors in Cuba

Cuba, the world’s sixth largest nickel producer and one of the top 10 nickel mining countries, also holds significant deposits of other minerals and oil, new U.S. Geological Survey report shows.

Denham Capital's Caroline Donally on private equity in mining

Frik Els | April 17, 2015
Denham Capital's Caroline Donally on private equity in mining

Director of $1bn fund discusses Denham's unique approach, the vibrant parts of the M&A market and what juniors should do to attract capital.

Asteroid miner puts first demonstration spaceship in orbit

Cecilia Jamasmie | April 15, 2015
Asteroid miner puts first demonstration spaceship in orbit

The Arkyd 3 Reflight (A3R) will spent three month in orbit trying to identify subsystems to explore and prospect for valuable resources on asteroids.

Mick Davis first deal to land in Canada: report

Cecilia Jamasmie | April 10, 2015
Mick Davis first deal to land in Canada: report

Davis is said to be finalizing talks with a Toronto-listed miner, in a deal that could kick-off a long awaited buying spree.

Quebec mining fund ready to pull trigger on $1bn investments

Frik Els | April 8, 2015
Quebec fund ready to pull trigger on $1bn mine investments

Quebec's $1 billion Capital Mines Hydrocarbures fund is close to buying equity stakes in mining projects outside iron ore worth as much as $200m a shot.

32 miners trapped in Manitoba nickel mine

Frik Els | April 6, 2015
Reed Copper project: The next mining milestone in Manitoba

39 workers spent the night in safe houses down Vale's nickel mine in Thompson, Manitoba and those still trapped expected to return to surface Monday.

Deutsche Bank slashes South32 valuation

Frik Els | April 1, 2015
BHP warns more cost cuts, management shake up before demerger

BHP Billiton spin-off worth just $7 billion when based on current spot prices for commodities.

Frik Els

Mining private equity: It's Davis or bust?

Frik Els | March 25, 2015
Mining private equity: It's Davis or bust?

Until Mick Davis pulls the trigger on X2's $5.6 billion, wishful thinking and unhealthy skepticism will pervade talk around private equity and mining.

M. Stanley slashes metals outlook on 'dormant' China

Frik Els | March 24, 2015
M. Stanley slashes metals outlook on 'dormant' China

Investment bank cuts 2015 nickel price forecast by 19%, while copper price estimate is slashed as market moves into oversupply.

Freeport axes dividend by 84% amid weak commodity prices

Cecilia Jamasmie | March 24, 2015
Freeport axes dividend by 84% amid weak commodity prices

The copper and gold miner will pay a dividend of 5 cents.

Putting Uganda on the global mining map

Diana Taremwa Karakire | March 24, 2015
Watchdog censors mining firms in Uganda for ignoring locals’ rights

Following a $75m national mineral survey, Uganda has proposed a wide range of tax breaks ahead of a planned mining and exploration licensing round.

South Africa woes cast doubt on BHP spin-off success

Cecilia Jamasmie | March 23, 2015
South32 gets going after BHP investors strong support, sees M&A opportunities

There are a number of challenges South32 is likely to face, including potential Black Economic Empowerment ownership concessions and power price hikes.

Ontario slammed by Northern Prospectors Association

Andrew Topf | March 20, 2015
Ring of Fire

Dotted with lucrative gold mines like Red Lake, Hemlo, Musselwhite and Timmins, along with the nickel belt of Sudbury, Ontario with its storied mining history should be a prospector's dream.

After Finland buy, fund seeks met coal, base metal mines

Frik Els | March 16, 2015
After Finland buy, fund seeks met coal, base metal mines

Former Anglo-exec running hedge fund's mining business wants to follow up Talvivaara nickel acquisition with zinc, nickel, copper and coking coal deals.

Mick Davies’ X2 Resources raises $5.6 billion, ready to buy up assets

Cecilia Jamasmie | March 5, 2015
Mick Davies’ X2 Resources raises $5.6 billion, ready to buy up assets

The former Xstrata boss’ new firm may soon pull the trigger on some big deals at a time of low commodity prices and willing sellers.

Biggest steel breakthrough in decades

Frik Els | February 24, 2015
Iron ore price rally gains steam

Korean scientists create a cheap, flexible steel with a strength to weight ratio of today's best titanium alloys using a nickel catalyst.

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