Nickel Mining News

The periodic table of commodity returns

If for some reason, you still think that the commodity markets are predictable, today’s chart provides a nice piece of humble pie.

Canadian companies want to extract nickel, vanadium, cobalt from petcoke

They're running a study led by Paul Watkinson, who has investigated the conversion of carbonaceous solids into gaseous and liquid fuels.

Metals power higher as sickly dollar spurs copper-to-gold rally

Copper surged as much as 2.1 percent, the most since Nov. 13, to $7,262 a metric ton on the London Metal Exchange.

Canada's RNC Minerals in talks to fund battery material mine

RNC Minerals in talks with commodity traders, mine operators and financiers to secure $1bn to build world's biggest nickel and cobalt project next year.

Planetary Resources a step closer to mining asteroids with spacecraft launch

Data obtained from the Arkyd-6 will be use in the development of the Arkyd-301, Planetary Resources next spacecraft platform and the beginning of its space resource exploration program.

Indonesia sets framework for Freeport to yield control of Grasberg mine

Indonesia state-owned holding Asahan Aluminum, or Inalum, would grab a 41.64% stake in the local unit of Freeport, which increases its current ownership in it to 51%.

BHP is building an EV hub it doesn't want to keep

The good luck for BHP is that only about 40 to 45 percent of existing nickel mine supply is suitable for processing into a battery-grade chemical product.

Pancontinental in the quest for “blue gold”

The company is looking in Canada, the world's No. 3 cobalt producer.

Wellgreen Platinum changes name to Nickel Creek Platinum

"We are thrilled to complete our [] rebranding to Nickel Creek Platinum, a name which reflects our company's significant endowment of nickel and PGMs..."

CHARTS: Big mining's surge in value shames tech giants

The mining cycle turned two years ago – gains for the sector's largest companies have far outpaced stocks like Apple, Amazon, Google and Facebook since.

Nickel prices will continue to fall: BMI

Increased supply from Indonesia and subdued demand from China are the main drivers behind the downward trend.

Blue skies, green cars and a year of revolution for industrial metals: Andy Home

Arrival of new Silicon Valley players like Tesla and Apple to old world of metals serves to reinforce focus on environmentally clean, ethical supply chains.

Copper rallies to three-year high as China plant halts output

Ninth gain puts red metal on longest winning streak since 2004.

Brazilian miner Vale says entering new era of big dividends

"Now is the era of the Vale dividends. Vale will become a big payer of dividends if everything goes well," CEO Fabio Schvartsman said on Friday.

Value of top 50 mining companies surge $140 billion in 2017

More than half the 2017 combined market cap gains for the world's largest listed miners accrued to just five firms as gold producers drop out of top 10.

Filipino miners to adopt Canadian sustainability standard

The country will tailor the protocols to reflect the unique aspects of its domestic mining sector.

Russia's Nornickel opens $2.5 bln credit line for refinancing

The proceeds will be used for refinancing existing debt, financing capital expenditure and general corporate purposes.

CHART: High flying metals to fall back to earth in 2018

Panel of investment banks and research houses forecast declines in copper, zinc, lead and palladium prices in 2018.

Natixis bank broadens metals fraud lawsuit, targets Glencore unit

French bank Natixis has broadened its $32 million lawsuit over fraudulent receipts for nickel stored at warehouses in Asia by adding a unit of commodities giant Glencore as a defendant, a court filing showed.

Australia cobalt rush accelerates on electric vehicle demand, DRC troubles

Australia, home to world's second-biggest cobalt reserves, is seeing rush of interest in projects from makers of the batteries used in electric vehicles.

This is how much copper, nickel, cobalt an electric vehicle world needs

Glencore's all in to supply surging demand for copper, nickel and cobalt from electric vehicle boom but CEO Ivan Glasenberg has "zero interest" in lithium.

Glencore is the tempting devil sat on mining's shoulder: Gadfly

Uniquely among its peers, Glencore derives a substantial slice of its earnings from trading commodities, rather than producing them.

Want to make money in industrial metals next year? Ask China how

Base metals were hot this year with zinc, copper and aluminum among leaders, climbing between 15% and 23%. What about 2018? Analysts say China will know.

Vale's reality check for nickel's electric vehicle dreams: Andy Home

While "everyone knows there are great opportunities" for nickel in the EV sector, "prices are not there", according to Vale Chief Exec Fabio Schvartsman,

Cobalt 27 spree sends cobalt price to fresh 9-year high

CEO Anthony Milewski: Cobalt 27’s stockpile of cobalt “is a way for investors to speculate on the price of cobalt, plain and simple.”