Nickel Mining News

Philippines delays environment minister nomination approval over mining woes

Former minister Lopez had to leave the post after the same legislative panel that delayed Cimatu’s confirmation rejected her appointment.

BHP Billiton Foundation launches two new transparency projects

BHP Billiton Foundation announced Tuesday its financial support for two new global projects launched at an event held in Washington DC.

Brazil's Vale to meet debt target before implementing new growth plans – exec

The company is also interested in investing in the electricity sector itself or through a joint venture.

Canada's Sherritt eyes nickel products for booming battery market

The rise of electric cars is spurring Sherritt International Corp to consider branching into producing the types of nickel most sought after by battery manufacturers, the chief executive of the Canadian company said on Monday.

The $10 trillion mineral resources North Korea can't tap

North Korea may not have proved petroleum reserves, but it's estimated that the secluded belligerent nation sits on reserves of more than 200 minerals—including rare earth minerals—worth an estimated up to US$10 trillion.

The oil market is bigger than all metal markets combined

Ever since the invention of the internal combustion engine, oil has been one of the most crucial commodities on Earth.

New WA nickel mine hoping to cash in on battery demand

A new nickel mine that just opened in Western Australia is pinning its hopes on the use of nickel in electric vehicle batteries.

Cuba shuts down nickel industry as Hurricane Irma approaches

Cuba has begun to shut down its nickel industry in preparation for Hurricane Irma, state-run television said on Thursday.

Philippines' President says open-pit mining ban should stay

Rodrigo Duterte said ban should remain in place given the environmental damage it causes, but noted he would give companies time to find alternative mining methods.

S. Korea's SK Innovation starts production of batteries with more nickel

South Korea’s SK Innovation said on Thursday it has started commercial production of lithium-ion batteries with an increased portion of nickel, while reducing the usage of expensive components such as cobalt to extend battery life and cut costs.

Canada’s Trevali among world’s top zinc producers with Glencore mines buy

Acquisition makes of the Canadian miner one of the few multi-asset, low-cost global zinc producers.

Brazil judge blocks decree allowing mining in Amazon

Federal judge Rolando Spanholo said opening the area known as Renca to mining can only be done by an act of Congress under the constitution.

Freeport to yield control of giant Grasberg copper mine to Indonesia

The company has greed to reduce its stake in the Grasberg mine to 49% in exchange for licenses to operate the massive copper and gold pit until 2041.

Brazil to redo Amazon mining decree after criticism

Brazil's government will revise a decree that opened up a vast mineral reserve in the Amazon rainforest to mining responding to overwhelming criticism.

China's metals trade fragments into multiple narratives: Andy Home

China's metals trade figures were once a spotlight on the state of the world's manufacturing engine and price driver.

Philippines to expand mining ban to watershed areas, ore exports

In an effort to receive more financial benefits from mining operations, the government's proposal will also require investors in the sector to get legislative approval before operating.

The base metal breakout – industrial commodities threaten their decade-long downtrend

Base metals are showing signs of real strength, with prices across the complex breaking out, or threatening to do so.

BHP exiting oil and gas

After posting a fourfold rise in profits, world's number one mining company now "actively pursuing options to exit" its US oil and gas business bought for $20B six years ago.

Voisey's Bay underground mine on hold

Plans to extend the life of the Voisey's Bay nickel mine in northern Labrador by moving operations underground – already once delayed – are now on hold.

Strong rouble, one-off expenses hit Russia's Nornickel's H1 earnings

Russia's Norilsk Nickel reported a 3 percent fall in first-half core earnings on Tuesday, missing analysts' forecasts, due to a stronger rouble and a jump in social expenses.

Glencore turns bigger copper, zinc price bull

Swiss giant raises outlook for the rest of the year after revenues at $75 billion a year metals and minerals business jump 20% during first half.

First Quantum to shutter Australia nickel mine in September

First Quantum Minerals Ltd said on Wednesday it plans to suspend operations at its Ravensthorpe nickel mine in Western Australia at the beginning of next month due to persistently weak nickel prices, sending its shares lower.

BHP turns to electric car batteries to recharge its nickel business

The rise of electric vehicles is driving the world's biggest mining house, BHP , to switch gears and invest heavily in its long-suffering nickel business.

Sumitomo Metal Mining exits Solomon Islands nickel exploration project

Japan's Sumitomo Metal Mining Co Ltd. said on Tuesday it will exit from a nickel exploration project in the Solomon Islands because of slumping nickel prices and the loss of a legal dispute over mining rights in the country.

Philippines says open pit mining ban to stay put

Environment and Natural Resources minister Roy Cimatu also said there was no rush to make decision on suspended, closed mines.