Nickel Mining News

US private equity firm Black Mountain to buy Australia nickel project

A unit of the company, Black Mountain Metals LLP, will buy the Lanfranchi nickel project in the state of Western Australia for $15.1 million from Panoramic Resources.

Nickel price to benefit from short supply, strong steel demand through 2019

Nickel, which recently hit its lowest since December, could climb as high as $16,000 a tonne by the end of 2018 and $18,000 a year later.

Russia's Potanin returns 2 pct in Norilsk Nickel to Abramovich -sources

The original sale of the stake was disputed in a London court by aluminium producer Rusal, which owns a stake in Nornickel.

RNC Minerals soars after striking gold in once-in-a-lifetime find

More than 9,000 ounces, or $10 million worth of gold, were recovered in a four-day period.

Australia’s mining sector pushing for revamped Trans-Pacific Partnership: Interview

MINING.com interviewed the Minerals Council of Australia CEO.

Mining exploration spending in Australia jumps to 5-year high

Drilling at new projects up 57% as spending on gold exploration reaches 21-year high.

Luxembourg’s mining-focused Space Agency ready to lift off

Unlike US space agency NASA, Luxembourg Space Agency (LSA) will not carry out research or launches. Its purpose is to boost exploration, mining and commercial utilization of resources extracted from near earth objects.

Leaders in raising mining capital in 2017

Yancoal Australia was on top.

Copper price takes another beating

Chinese manufacturing gauge drops to 14-month low.

Australian southern state open to mining

Victoria's government wants to spend $220 million on exploration and drill one million metres by 2023.

World’s ‘most beautiful’ electric car to hit the road in 2020

Announcement is nothing but good news to battery metals miners, which have seen demand for their mined commodities soar in the past year.

Quebec miner looking for cobalt and precious metals

Manganese X Energy now wants a taste of the cobalt market.

Western Australia junior gets 'conerstone' funding from Chinese battery manufacturer

Advancing a nickel-copper-PGE sulphide deposits and gold in Western Australia.

BHP annual profit jumps 33 percent, misses forecast

Analysts thought profits would reach $9.27 billion.

Hedge funds turned record short on metals just before the rout

As U.S.-China trade tensions escalated mid-June, fast-money traders flipped to a short position in metals overall.

China's CATL to start producing next-gen low-cobalt batteries in 2019 — source

China's largest lithium battery maker will produce nickel-rich batteries, which are cheaper to make and have longer life-spans than cobalt-based ones.

Mining and metals markets crater as copper price enters bear market

Investors found no solace in traditional safe haven gold with the precious metal setting a one-and-a-half year low.

Nickel is dancing to a new electric (vehicle) beat

The world used almost 2.2 million tonnes of nickel last year. Around two thirds of that metal was absorbed by the stainless steel industry.

How Canada’s mining sector impacts the economy

Canada is one of the world’s largest exporters of minerals and metals, supplying approximately 60 different mineral commodities to over 100 countries.

Electric car bets boosting nickel demand, Nornickel says

Expectations of a boom in demand for electric vehicles are leading investors and battery makers to stockpile nickel and helping to fuel a spike in global prices of the metal.

Egyptian copper's origin revealed

Two new studies reveal where ancient Egyptians got the red metal from.

Glencore credits China's 'Blue Skies' program for strong H1

Protectionism could limit future growth.

Latin America-focused copper miner now eyeing Canada

Westminster Resources to buy a land package in the Ronge district of Saskatchewan.

LME to trial electronic closing prices for nickel next year

The London Metal Exchange (LME) launched on Wednesday a consultation to trial in the first quarter of next year the use of its electronic system to determine closing prices of the three-month nickel contract instead of open outcry.

Lundin Mining CEO Conibear to retire

Canada's Lundin Mining Corp said Chief Executive Officer Paul Conibear is retiring and also reported a 3 percent rise in second-quarter profit on Wednesday.