Nickel Mining News

Vale, Glencore team up to explore near Sudbury

A joint approach could allow for resources to be unlocked that would likely not otherwise be productive - Ricus Grimbeek, COO, Vale’s North Atlantic Operations and Asian Refineries

Vale to go it alone on $500m investment in New Caledonia nickel mine

New Caledonia could be a very important part of our strategy to supply nickel, especially given the EV revolution.

Glasenberg eyes successor as Glencore readies new generation

Glasenberg, a workaholic, straight-talking South African who has become the public face of the commodity trading industry, has led Glencore for nearly two decades.

BHP gets green light to develop nickel mine in Western Australia

Using more nickel cuts costs by reducing the amount of expensive cobalt, a mainstay of current battery technology.

Trade truce lights fire under mining stocks

Relief that an escalation in the trade war between the US and China has been avoided – at least for now – sparked a huge rally in mining stocks on Monday.

Glasenberg says he'll stay for 3 to 5 years: Glencore Update

"When I go I hope it’ll be a 45-year-old who’ll take over," Glasenberg said

Moody’s sees weak lithium prices in 2020 due to projects frenzy

Spot prices would be pushed down despite rapid demand growth from batteries for electric vehicles (EV) makers, the experts say.

Construction on $4B Indonesia EV battery project begins Jan 2019 – Minister

Looking at its resources, Indonesia will become the main player in lithium batteries.

M2 Cobalt advances exploration at Uganda mine

The Vancouver junior mobilized a second drill rig and commenced drilling at two targets of its Bujagali mine.

Sibanye shuts gold mines in South Africa as strike turns violent

Operations at Driefontein, Kloof and Beatrix mines were halted late on Wednesday.

Doubts cast on plans for deluge of new nickel supply

Expectations of a supply avalanche hitting the nickel market next year due to new capacity in Indonesia have sent prices to seven-month lows, but analysts doubt the plans spearheaded by Chinese firms can be carried out so quickly.

Nornickel aims to boost output to tap electric car boom

Nornickel’s current capex plan includes $6.5-7.5 billion for its base investment programme and $2.5 billion for its environmental programme.

The battery boom to attract $620 billion in investment by 2040

The global energy-storage market will surge to a cumulative 942 gigawatts by 2040.

Colombian mining group says tax bill will attract foreign investment

The bill proposes a gradual reduction in taxes on businesses to 30% by 2022 as well as a new sales tax refund of 19% for capital goods such as machinery.

Vale told to pay $26.8m in damages to indigenous tribes

The company's Onça Puma nickel mines blamed for contaminating the Catete river, which prosecutors said had a "severe" impact on the Xikrin and Kayapo tribes.

Volkswagen to spend $50 billion on electric car 'offensive'

German automaker is also considering involvement in battery production.

Philippines to allow some halted mines to resume operations with conditions

The nine mines, six of which are nickel operations, have been shut since 2017 as part of an environmental crackdown on the sector.

Miners' spending on hunt for copper, EV metals hits $10 billion

Budgets jumped about 19%, outpacing last year’s gain.

Talon Metals tables PEA at Tamarack North

Tamarack North nickel-copper-cobalt project in Minnesota is expected to produce 23.3 million lb. nickel and 11.1 million lb. copper per year over a 7 year mine life.

RSC Mining and Mineral Exploration partners with Terra Modelling

The agreement provides a considerable combined offering to the mineral exploration and mining market.

Sherritt International sees jump in nickel production and profit

The numbers are up thanks to the success of the company’s Moa JV with the Cuban Government.

Japan's Sumitomo Metal cuts FY profit forecast on lower metal prices

Sumitomo Metal cut its full-year forecast, blaming lower-than-expected metal prices amid the U.S.-Sino trade spat, and reduced nickel output.

Canadian miners’ performance in Q3 hit by lower metal prices

EY’s Canadian Mining Eye index — which tracks the performance of 100 Toronto Stock Exchange and TSX Venture Exchange mid-tier and junior mining companies — dropped 12 percent in the third quarter of the year when compared to the previous three-month period.

China Minmetals signs 20m tonnes iron ore purchase agreement with Brazil's Vale

The state-owned metals and mineral trading firm also signed a 2,400 tonne nickel briquette purchase agreement with Japan's Sumitomo Corp.

Group ten metals – On the search for platinum group metals in Montana

Michael Rowley, president and CEO of Group Ten Metals Inc. interview with Maurice Jackson.