Nickel Mining News

Record $93B private capital flows into natural resources

But only sliver of funds raised destined for mining and metals

Philippines' Global Ferronickel holds ore shipments to China steady as economy cools

The miner is looking to further boost sales of medium- and high-grade ores this year to 60 percent of total sales, with low-grade ores accounting for 40 percent.

Mining the Americas in 2019 — a forecast

Canada's cobalt sector and Ecuador's budding mining sector for copper and gold will be investment hot spots.

Mining’s biggest jobs are up for grabs. Here are the contenders

Some of the mining world’s top executives are starting to plan their departures.

Electric cars seen getting cleaner even where grids rely on coal

The global share of zero-carbon electricity generation is set to increase from 38 percent last year to 63 percent by 2040.

China's Tsingshan, partners start work on Indonesia battery materials plant

This project refines the key raw material for the preparation of ternary power batteries from the laterite nickel ore – battery-grade nickel-cobalt raw materials.

Anglo American betting on South America to grow base metal assets

Anglo American has obtained hundreds of permits to explore in the Brazilian states of Mato Grosso and Para.

Exports from world's second-largest copper mine to drop 85%

Concentrate shipments from Indonesia's Grasberg mine, will drop because of a lag in output while operations shift from open pit to underground mining.

Canada's Cobalt 27 goes after lithium with royalty acquisition

Cobalt 27 will put in about $9 million into a share of production at Mineral Resources and Jiangxi Ganfeng Lithium's Mount Marion lithium project in Western Australia.

Pancontinental starts drilling Ontario nickel-cobalt-copper project

Pancon revealed that its objective for the initial phase of Montcalm’s program is to drill at least 4,500 metres to test a series of new conductor targets identified in 2018.

China slowdown a big threat to industrial metals in 2019 — analyst

With metals ringing off the new year on a weak note, both price- and demand-wise, BMO Metals says the main questions for 2019 revolve around China and whether its government is doing enough to slow the country's economic contraction.

Anglo American management shake-up sees Brazil-based CEO replaced

Ruben Fernandes, who has led the company’s iron ore and nickel interests in the South American country for almost three years, will become CEO of Base Metals effective March 1.

Cobalt 27 to acquire ASX-listed Highlands Pacific

The acquisition, valued at $96 million, will increase Cobalt 27’s exposure to nickel through the Ramu nickel-cobalt mine in Papua New Guinea.

Blackwater founder launches fund to invest in electric car battery metals

The founder of the US private security company aims to raise as much as $500 million to invest in deposits of metals such as cobalt, lithium and copper.

Year’s best major metal gains steam as supply eclipses trade woe

The price of palladium has more then doubled in the past three years.

Human activity creates 208 new mineral species

Study shows mining has sparked "unparalleled inorganic compound diversification" like rabbittite at Lucky Strike, Utah and a handful found on smelter walls

Russia's Nornickel terminates agreement with Botswana's BCL on asset sale

The termination of the agreement will also enable Nornickel to pursue its own strategy for the African assets.

Japan's Sumitomo Metal sees global nickel deficit nearly halving in 2019

Global demand for nickel is seen increasing by 3.4 percent in 2019 from this year to 2.339 million tonnes.

China's GEM signs five-year battery material supply deal with ECOPRO

This deal is Gem Co Ltd's latest effort to win a bigger share of the booming power cell market.

Miners are budgeting for a recovery in copper

Don’t listen to what miners say. Look at what they do.

ePower Metals buys Magenta cobalt project in Mexico

Magenta hosts numerous high-grade cobalt/gold/silver/nickel vein and skarn style deposits.

Clean TeQ's Sunrise nickel-cobalt-scandium project gets green light

Sunrise is one of the highest grade and largest nickel and cobalt deposits outside of Africa and one of the largest and highest grade scandium deposits in the world.

Indonesia's Silkroad Nickel inks $290m offtake agreement

The deal is to supply 15 million tonnes of nickel ore over a period of five to eight years, beginning March 2020.

Cuba sees nickel output topping 50,000 tonnes

Nickel is one of Cuba’s most important exports, but revenue from it has suffered in recent years due to a decline in production and prices.

Greece seeks to avert nickel producer Larco shutdown

Larco, which is 55% owned by the Greek state, owes about 280 million euros in unpaid electricity bills to state-controlled power utility Public Power Corp.