The company specifically targeted cobalt for the first time at this historic silver producing mine.
Nickel Mining News
What will define Chinese demand for iron ore is continued urbanization, infrastructure investments, auto production.
As electric vehicles slowly become a bigger part of the global fleet, questions about mileage and fuel efficiency are going to become more apposite.
Due to lower production amid bad weather and a slow ramp-up after a regular maintenance, Sumitomo now expects a loss of 13.6 billion yen.
Nornickels consolidated copper output has risen by 20% to 290,878 tonnes in the first nine months of 2018.
Horizonte plans to raise $443 million to begin construction on the mine in the middle of 2019, production slated for late 2021.
"Our goal is to complete the plant by the end of 2020, with commercial production commencing at the start of 2021," Joni Lukkaroinen, CEO of Terrafame
RNC Minerals reported 58,460 ounces of gold production for the first nine months of 2018.
The mine applied incorrect discounts to its royalty payments over several multi-year periods.
While prices remain stagnant and demand uncertain, the company is churning out more stones than at any other time in the past decade.
Previ intends to reduce its stake in the miner over the medium-term.
The move is part of BASF plans to invest up to 400 million euros ($462 million) as a first step in building production plants for cathode materials in Europe.
Objective is to expand upon the Father's Day Vein high grade gold discovery at the A Zone area of the Beta Hunt mine, near Kambalda, Western Australia.
He is said to have already begun training three to four people to succeed him in the job.
Brazil's Vale expects the EV revolution to boost battery market nickel demand to as much as 700,000 tons in 2025, from just 36,000 tons this year.
NMC cathodes currently account for nearly 28% of global EV sales, forecast to grow to 63% by 2027.
465,000 tonnes of nickel play 'hide and seek'
Total volume reached 252 million yuan ($36.3 million).
Another executive pulls out of conference due to widespread concern about the fate of journalist Jamal Khashoggi.
BHP Billiton Ltd. is boosting sales of the top-quality nickel that’s needed for electric vehicle batteries, another sign that the world’s biggest miner is targeting more opportunities in the booming sector.
CEO Fabio Schvartsman said the company would only invest further in nickel if global prices for the metal rise from $13,000 per tonne currently to around $20,000 per tonne.
The goal is to reduce reliance on batteries from Asia, particularly China and South Korea.
The company believes the stones are among the biggest of their kind ever unearthed in the country.
The decision to restart output at the mine comes despite plans by the government to hike mining taxes to bring down mounting public debt.
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.