Nickel Mining News

Axiom soars on near supply deal for Isabel nickel mine in Solomon Islands

Mining at the project in the Pacific nation will start in December, with ore shipments expected to begin in the first quarter of next year.

Uganda to join transparency program as it seeks mining investors

The East African nation seeks to reassure potential investors that it isn’t involved in “conflict minerals.”

China battery firms set up $700m nickel joint venture in Indonesia

Several global metals producers have also set their sights on Indonesia's nickel reserves, looking to tap an expected surge in demand for the battery metal.

Freeport, Rio formally yield control of giant Grasberg mine to Indonesia

Agreements give a majority stake in the giant Grasberg copper and gold mine to a local state-owned firm, becoming the country’s biggest divestment by a foreign resources company.

Brazil's Vale shareholders near deal to pay Eletron $692m

Two major shareholders of Brazilian mining company Vale SA are likely to reach an agreement on Wednesday to pay 2.82 billion reais ($692 million) to Eletron to settle a dispute over Vale shares.

Capital raising drops

Down 18% in H1.

BHP's Kalgoorlie nickel smelter shut down after fire

BHP Billiton said on Monday its Kalgoorlie nickel smelter has been closed after a fire that broke out over the weekend and the plant will remain shut while it assesses the damage.

China’s Ganfeng Lithium lands three-year contract to supply Tesla

Deal will see China’s No.1 producer of lithium supplying 20 percent of its production to the electric cars maker.

Colombian court hands major win to South32, won’t have to pay damages

But the court upheld part of the previous ruling requiring the miner to re-apply for its environmental licensing and start a community consultation process.

Metminco jumps into the battery metals wagon with nickel project buy

Until now, the Australian miner had been advancing exploration projects in Latin America focused mainly on gold, but with significant exposure to copper, molybdenum and zinc.

Top nickel miners ranked

Vale on top.

Nickel's "electric premium" crushed by trade tensions

Nickel has finally succumbed to the base metals price rout.

Indonesia issues new rules for commodity exporters as rupiah slides

Indonesia has laid out new rules for commodities exporters to guarantee funding for shipments through Indonesian banks or branches of foreign banks in the country.

Most profitable mining companies in 2017

Polyus.

Base metals drop as trade war angst spurs concern about demand

The U.S.-led trade war fans concern that the showdown will derail otherwise-strong economic growth in the world’s two largest economies.

Royal Gold resolves Voisey’s Bay royalty dispute

Altius entered into an agreement with Vale Canada Limited and certain of its subsidiaries to comprehensively settle their long-standing litigation.

Nickel producers eye Indonesia to plug into EV battery market

SMM said that it and nickel miner PT Vale Indonesia are conducting a feasibility study to build a nickel processing project in Pomalaa, Southeast Sulawesi.

Top cobalt mines ranked by production in 2017

Top four mines are all located in the Democratic Republic of the Congo.

Don’t underestimate lithium-ion battery demand for nickel

The focus on lithium-ion batteries seems to reflect supply and demand of lithium and cobalt but it would be very wrong not to include nickel.

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.