Nickel Mining News

As Philippines announces more mine suspensions, nickel prices go up

The announcement sent global nickel prices up more than 1% on Tuesday.

The hollowing out of Canadian mining

Vale’s takeover of Inco, 10 years on.

Nickel ore ban in sight in Philippines: Analyst

Duterte's government has also ordered a stop to small-scale mining operations working outside the country's mining co-operatives system, a decision that touches gold miners.

Peru, Brazil to emerge as Latin America’s new mining gems

Peru’s significant copper project pipeline and Brazil’s competitive iron ore sector will consolidate them as main drivers of investment in Latin America’s mining sector, says BMI Research.

Space mining absolutely viable — NASA expert

The main challenge for mining near-Earth celestial bodies is neither technology nor cost, but simply “convincing people it is realistic,” says Dr. Phil Metzger.

NASA’s latest mission may tell us whether asteroid mining is really a go

OSIRIS-REx will collect samples from an asteroid and return them to Earth, in what it could be a pivotal step for firms currently planning to tap into the space mining business.

Norilsk: A blood red river runs through it

River near the eponymous city of world's top nickel and palladium miner turns crimson.

BHP Billiton launches Prospects blog

The blogs will offer views on economics, commodities outlook and individual markets, and broader issues such as policy, governance and our social contribution.

Mining has nothing to fear from Fed rate hikes

Study shows commodities have been the best performing asset class during Fed rating hike cycles since 1983 with average returns for industrial metals 44%

South32 posts $1.6bn loss but pays maiden dividend

The miner continues to look for new assets, including Anglo American’s 40% stake in their manganese joint venture — Samancor.

Sibanye logs steep rise in half-year profit, mulls platinum mines future

The miner said it was is currently assessing the operational and financial situation of its platinum division, which may require "remedial action".

Moody’s has just called the bottom of the commodities rout

The worst is over, at least for base metals, says Moody's, but warns that challenging industry conditions should continue through to at least 2018.

Copper price is going nowhere

New report says base metal prices have bottomed, but there's hardly any upside – and that includes the zinc price.

CHART: China must import more ore

China's domestic iron ore, copper, nickel, zinc, lead and bauxite mining output is slowing dramatically.

Four China charts to turn you into a mining bull

And one that's ultra-bearish.

World’s No. 1 miner BHP Billiton posts $6.4bn annual loss — its worst-ever

Not even counting the $7.7 billion in write-downs and charges, BHP’s underlying profit dropped by a painful 81% to $1.2 billion for the year to June.

This chart shows how tough mining conditions still are

Glencore's will continue to curtail production in zinc, copper and other metals – it's clear why.

CHARTS: Maybe India can ignite new commodity supercycle

Rapid, large-scale urbanization will see India's top three cities rival the combined economies of Vietnam, Philippines and Malaysia.

Asteroid miner Deep Space to launch first commercial mission by 2020

The mission's goal is to map a target asteroid, looking for deposits of water and other resources with visible and infrared cameras.

Nickel price jumps on Manila mining crackdown

Philippines president Rodrigo Duterte tells miners "We will survive as a nation without you" as ministry shuts down three nickel mines in a month.

Philippines & Indonesia: Mining companies face increased compliance risks, further uncertainty

Both countries have poor records for enforcing environmental regulations, leading to tensions between communities and the mining sector, which the leaders of both countries have pledged to address.

Vale iron ore output falls in second quarter but still beats estimates

It produced 86.82 million tonnes of iron ore in the April-to-June period, down 2.8% from a year earlier.

Metals and mining rally has staying power

Industrial metals are now all trading above their 100-day moving averages and most are no longer in backwardation.

Heavy snowfall in Chile forces Anglo to cut annual copper target

Shares plunged after miner revealed that output fell almost across the board in the April – June period.

Mick Davis to overhaul X2 Resources as fund fails to close any mining deal

Recovering commodity prices and investors' veto on deals have frustrated Davis and his team in their search for mining and metals bargains.