Nickel Mining News

Curb your copper price enthusiasm – report

"The run-up in base metal prices, particularly after the US Presidential election, may be getting ahead of fundamentals."

These are the African countries investors should pay attention to

New report says the underlying question for investors lies on the risk/reward balance — whether outstanding geology beats corruption and security issues.

Nickel prices plummet as Indonesia eases export ban

Far-reaching new mining rules ease a controversial ban on exports of nickel ore and bauxite.

Private capital rotating into mining and metals

Private capital funds raised $2.1 billion for mining and metals investment in 2016 – this year 13 funds are targeting $10 billion says new study.

World Bank on a Trump economy and commodities

World Bank's 2017 outlook says US impact on commodity markets diminished, but it's still number 1 for oil and number 2 in copper, aluminum and lead.

CHART: How every commodity performed in 2016

It was an up and down year for commodities, but things ultimately finished in the black.

INTERACTIVE: Mining emerges from slump

With only a couple of exceptions, metal and mineral prices rallied in 2016 – see at a glance how far the industry has come.

First Quantum dinged $40,000 for sulphuric acid spill at nickel mine 

First Quantum Minerals has been fined $40,000 concerning an incident that occurred at the Ravensthorpe nickel mine in 2014.

SLIDESHOW: Mining on the mend – 2016 year in review

The global mining industry rebounded from multi-year lows in 2016 – MINING.com's most popular posts of the year tell the story.

Norilsk Nickel buys Soviet-era copper concentrate for $1.1 billion

One of Russia's largest mining companies has dropped a stash of roubles on copper concentrate that dates back to the Cold War.

CHART: China's economy growing fastest since 2013

Turnaround in GDP expansion in world's top commodity consumer over the past few months "almost as sharp as in 2009" says new study.

Without China global mining would be smaller than in 2000

TABLE: China's copper demand grew 11-fold in 15 years – the rest of the world shrunk. Sans China, the nickel market would've barely broken a million tonnes.

US authorities strip Twin Metals of mineral leases in Minnesota

Two federal agencies said the mineral leases for Twin Metals, a subsidiary of Antofagasta plc, will not be renewed.

Nickel key to unveiling mystery of dinosaurs extinction

A nickel spike found in sediments above the spot where a giant asteroid hit the Earth some 66 million years ago, may help scientists trace segments of the celestial body that wiped out dinosaurs and 75% of all organisms on the planet.

Trump's impact on metals and mining in one chart

Interactive: Donald Trump's victory has created winners and (huge) losers for the mining industry.

Big mining's age of austerity far from over

But asset sales will slow says new report.

Copper price: Warnings over US trade with China, Mexico

Moody's says base-metals will come under pressure in 2017 – and that includes the zinc price.

Lundin shares bounce on payout, guidance

Following $1.1 billion Congo mine sale Toronto-based copper-zinc miner announces inaugural dividend and strong operational forecast.

Norilsk Nickel launches legal action against BCL over non-payment for African asset sale

A legal claims against BCL in the Botswanan courts and in the London Court of International Arbitration to recover the USD 271.3 million

Horizonte to raise $11.2M to fund Brazil's next major nickel mine

Araguaia, which hosts a proven and probable mineral reserve of almost 25 million tonnes grading 1.77% nickel, is expected to begin production by 2019.

Trump infrastructure bump forecast for global economy

New report predicts US infrastructure spending promised by president-elect could propel global growth to highest since 2011 further boosting metals demand.

Mine closures will slow global nickel market growth to 2020 – report

Despite increased demand for nickel, low profitability owing to the combination of persistently low prices and higher costs may result in project closures over the next five years, according to research and consulting firm GlobalData.

CHART: Mining capex decline set to continue

Global miners have been cutting spending on new projects and expansions since 2012.

South32 looking for more coking coal mines

The company, however, has decided to stay away from thermal coal assets due mainly to uncertainties over demand linked to climate concerns.

4 workers killed in Cuba bridge collapse

Tragedy struck Canadian company Sherritt (TSX:S) on Tuesday, with news that a bridge collapsed, killing four workers.