Nickel Mining News

Sanctions fever grips nickel as market rethinks Russia risk — Andy Home

With Russian aluminium producer Rusal imploding in the wake of U.S. sanctions against its oligarch owner Oleg Deripaska, attention is now turning to the status of another Russian industrial powerhouse, Norilsk Nickel.

Sanctions fallout upends metals as aluminum, nickel burst higher

Aluminum rallied as much as 7.1 percent, a record intraday gain, to $2,718 a ton in London.

BHP to produce nickel sulphate next year, eyeing cobalt on battery boom

It expects to have sold 90% of its nickel sulphate supply by the end of 2019, two years earlier than anticipated.

Russia fears light fire under nickel price

Price surges nearly 5% to three-year high over worries that top producer Norilsk could befall the same fate as aluminum giant Rusal.

Anglo gives 30-day leave to workers at suspended Brazil iron ore mine

The company halted production and transport operations for 90 days at the Minas-Rio mine to comply with a request by authorities that it inspects a pipeline that has leaked twice.

Chinese investors key as cobalt price hits month low

Cobalt27 CEO lines up Chinese automaker deals, ponders HK listing: “There is a lot of interest and it is natural because it is where all this will happen”.

Australian miner sells nickel tenements for $1.55 million

The tenements are within the Leinster Nickel Project, located in granites and greenstones of the Achaean Kalgoorlie Terrane.

'Urban mining' in S.Korea pulls rare battery materials from recycled tech

In 2016, the most recent year from which data is available, 19.6 trillion won ($18.38 billion) worth of metals were extracted from recycled materials.

Botswana's Tati Nickel Mine out of liquidation after court ruling

When it was placed under liquidation, Tati had incurred a cumulative loss of 1.6 billion pula ($165 million) and owed creditors one billion pula.

Australia's South32 to appeal damages ruling in Colombia

The court accepted as valid arguments and evidence presented by community leaders who claimed that waste emissions from South32’s Cerro Matoso nickel mine caused skin, lung and heart problems to people in the nearby towns.

Canadian miner A-OK despite U.S. sanctions against Russian companies

Despite analysts predicting that sanctions against Oleg Deripaska may cause a turmoil in the mining world, Kinross made an effort today to stand clear from such possibility.

Private capital flowing into mining on track for record year

The second largest ever private equity fund focused on mining closed in the first quarter – 13 funds aim to raise a further $4.9 billion in 2018.

Here are the firms feeding China's battery revolution

Chinese companies are leading the way in securing the raw materials needed for a massive expansion in battery capacity.

Sanctions on Russian tycoon Deripaska will create global ripples

Deripaska is the main owner of the conglomerate EN+, which in turn is the co-owner of some of the world's biggest metals producers.

Electric vehicles do not need to be poisonous

The rapid proliferation of poisons in a widening variety of applications requires better monitoring and control.

CHARTS: Mining rally running out of steam as copper price weighs

Cobalt, nickel still on the boil, but gloomier outlook reflected in copper price and fall in market value of top mining companies during first quarter.

Of all things molybdenum could crash cobalt, nickel price party

New lab discovery uses molybdenum to solve problems of lithium sulphur batteries, doing away with nickel and cobalt for cheaper, lighter, safer technology.

Nickel market eyes Philippines as mine review delayed yet again

The review by the Mining Industry Coordinating Council is now set to take six months instead of three, according to the Department of Finance.

Canadian miner allowed to operate in Sweden

Gungnir's drill campaign would begin in the second quarter of 2018 with 20 diamond drill holes testing six target areas over a strike length of more than 8 km.

RNC mulls selling Aussie mine to focus on massive cobalt-nickel project in Quebec

The company's Dumont cobalt and nickel project in Quebec is the world’s largest undeveloped reserve of both metals, with over 1 billion tonnes of reserves and a 33-year mine life.

Indonesia's Inalum expects to line up Freeport sale bank financing soon

Indonesia's state mining holding company expects to reach an agreement soon on bank financing to buy a controlling stake in the local unit of Freeport McMoran Inc.

Cobalt drilling quadruples in Q4

"No drilling, no discoveries, no reserves, no mines."

New study rips into cobalt, lithium price bulls

"Significant surpluses" from next year to decimate prices says second bearish report on electric vehicle battery materials.

Russian billionaire Potanin buys 2% of Nornickel from Abramovich

The dispute is part of a long-running battle for control of Nornickel, a $30 billion company that is one of the world's top nickel producers.

Indonesia to lead nickel production: BMI

The market intelligence firm says global nickel ore production growth will continue to accelerate in 2018 as major producer countries see a recovery in production levels following subdued output in 2017.