Nickel Mining News

Canadian-made responsible mining initiative answers global demand for supply chain transparency

The Mining Association of Canada’s (MAC) Toward Sustainable Mining (TSM) initiative is an accountability program for social and environmental performance.

Ivanhoe Mines secures long-term supply of treated bulk water for Platreef

Recycling of local, treated water is part of a sustainable approach to minimize Platreef’s environmental footprint.

Zimbabwe miner looking at refinery upgrade for battery grade lithium

Zimbabwe Mines Minister Winston Chitando said the country would generate revenue of $1.4bn over eight years from the Kamativi lithium project.

Death toll rises to seven at Sibanye mine as all trapped workers rescued

The deaths brings the number of people killed at the company's operations this year to at least 10.

Anglo American to end investment in deep sea mining company Nautilus

Anglo has a 4 per cent stake in Toronto-listed Nautilus.

Four miners dead and three still missing at Sibanye-Stillwater mine

Two more quakes were felt Friday near the company's Masakhane gold mine, which cause search and rescue operations to be momentarily halted.

Tesla delivers bad news for cobalt price, boost for rare earths

Electric vehicle manufacturer has reduced cobalt usage in its batteries by 59%.

Eight still trapped underground at Sibanye mine following seismic event

Contact has been made with three of the workers trapped at the company's Masakhane gold mine.

Glencore's Congo mining conundrum

The miner and commodities trader is embroiled in a legal tangle over its copper and cobalt operations in Democratic Republic of Congo, where conflict and changes to regulations have deterred many mining firms.

China's metals trade is facing a year of upheaval: Andy Home

China's trade in industrial metals looks set for significant upheaval this year as the country adapts to fast-evolving supply chains.

Vale eyes $1 bln in dividends each quarter this year

The comments came a day after Vale reported a first-quarter slide in profit of 36 percent on higher costs and lower iron ore prices.

Vale unsure if New Caledonia nickel operations will continue

A day after first quarter results showed a 36 percent slump in profit, executives said they were not satisfied with nickel prices.

Russia's Nornickel cuts 2018 output forecast for copper project

The Bystrinsky project is now expected to produce 25,000-31,000 tonnes of copper and 90,000-110,000 ounces of gold in concentrate in 2018.

Brazil's Vale 1st-qtr profit slumps by a third as costs rise

The world's largest iron ore producer posted a 36 percent slump in first-quarter profit compared to the same quarter a year earlier.

Philippines' top nickel miner keeps sales guidance despite govt curbs

The Philippines' top nickel ore producer, Nickel Asia Corp, said its export plans in 2018 remain unchanged despite government plans to limit mining areas.

Cuba sees 2018 nickel plus cobalt output topping 50,000 tonnes

The country was ranked 10th in world nickel production in 2016 and sixth in cobalt.

Commodities: the top asset class of 2018 so far

If the commodity sector keeps the pace for the rest of 2018, this will be the best year for the asset class since 2003.

LME to temporarily move nickel closing prices out of ring

The move is likely to happen early next year and last for three months, after which pricing will return to the ring.

Deep-sea mining: scientists say collaboration is key

They say there has to be a balance between exploiting mineral resources from the seabed and protecting vulnerable marine ecosystems.

Sanctions fever grips nickel as market rethinks Russia risk — Andy Home

With Russian aluminium producer Rusal imploding in the wake of U.S. sanctions against its oligarch owner Oleg Deripaska, attention is now turning to the status of another Russian industrial powerhouse, Norilsk Nickel.

Sanctions fallout upends metals as aluminum, nickel burst higher

Aluminum rallied as much as 7.1 percent, a record intraday gain, to $2,718 a ton in London.

BHP to produce nickel sulphate next year, eyeing cobalt on battery boom

It expects to have sold 90% of its nickel sulphate supply by the end of 2019, two years earlier than anticipated.

Russia fears light fire under nickel price

Price surges nearly 5% to three-year high over worries that top producer Norilsk could befall the same fate as aluminum giant Rusal.

Anglo gives 30-day leave to workers at suspended Brazil iron ore mine

The company halted production and transport operations for 90 days at the Minas-Rio mine to comply with a request by authorities that it inspects a pipeline that has leaked twice.

Chinese investors key as cobalt price hits month low

Cobalt27 CEO lines up Chinese automaker deals, ponders HK listing: “There is a lot of interest and it is natural because it is where all this will happen”.