Nickel Mining News

Lakes, rivers near abandoned mine sites likely source of antibiotics

Canadian researches came to such conclusion after spending years examining waterbodies located within five kilometres of abandoned mine sites.

LME to launch monthly 'implied pricing' for base metals

Starting on July 30, the LME will start providing a set of synthetic monthly prices for the six main base metals —  copper, aluminum, zinc, lead, nickel and tin.

Vale’s iron ore output hit fresh record high despite trucker strike

Iron ore output hit 96.755-million tonnes in the three months to June 30, while pellet output reached 12.838-million tonnes, despite a nationwide truck drivers strike that paralyzed the country in May.

Rio Tinto sells $3.5bn stake in Grasberg mine to Indonesian state miner

The world’s No.2 miner is selling its 40% in the giant Grasberg mine, the world’s second largest copper operation, to Indonesia’s state mining company PT Inalum.

Copper price plunges to 1-year low

Metal market mayhem with $13 billion worth of copper futures offloaded by lunchtime.

US Voters support mine permitting reform to decrease import reliance of defense supply chain

62% of voters support U.S. government action to encourage the use of domestically-mined minerals and decrease reliance on foreign-imported minerals, according to a poll conducted for the National Mining Association (NMA).

Philippines nickel ore exports seen dropping up to 17 pct on low prices

The Philippines is the world's No.2 nickel ore supplier after Indonesia, shipping the bulk of its output to top buyer China.

Tesla to open Shanghai plant with capacity of 500,000 cars a year

Chinese electric vehicle ecosystem continues to expand.

Electric vehicle demand will double nickel price – as soon as 2022

New report says EV boom is bifurcating nickel mining and short supply of battery-grade material will see prices climb near $30,000 mark within five years.

CHART: Copper, nickel, zinc prices – plenty upside just to revert to mean

Even after two years of gains, industrial metals trade well below 10-year mean prices. Silver looks cheap, but gold, crude may be fully priced already.

Copper price takes another huge hit

Bears ignore soothing words about US-China trade war dropping copper to near 1-year low in frenzied trade.

China's top EV maker starts battery-swap service to lure users

Beijing Electric Vehicle Co.,is preparing for a stock-market listing and starting a battery-swap service to reduce customers’ range anxiety and keep up with similar offerings from rivals.

Automaker shares soar on U.S. proposal to eliminate tariffs

Shares in European carmakers are having their best trading day in two years after a U.S. official floated a proposal to eliminate vehicle-import tariffs on both sides of the Atlantic.

Eramet searches for lithium deposits in Chile, Argentina, Brazil – CEO

"Our priority is to develop our existing lithium deposit in Argentina. But we are also looking for other deposits in Chile, Argentina and Brazil,"- Eramet Chief Executive Officer Christel Bories

Hitching gold to the electric vehicle bandwagon

Don't get your hopes up.

Indonesia extends Freeport operating permit for Grasberg

Indonesia has extended an operating permit for Freeport's Grasberg copper-gold mine while discussions over long-term rights continue.

CHARTS: Halfway through 2018 and the mining rally is over

“China’s buoyant mood is giving way to concerns around tightening credit and a slowing manufacturing sector."

Commodities face a twin threat, Morgan Stanley says

Amid the warnings, copper was listed as the top pick after palladium.

Noront Resources seeks exploration partner

Noront CEO said the move is necessary as the company continues to lead exploration in Ontario’s massive Ring of Fire.

Sienna looks for cobalt in Sweden

The Vancouver-based miner wants to identify new drilling targets at its Slättberg project.

Sibanye, Regulus join efforts to develop Argentina’s Altar project

Sibanye Canada and Regulus’ newly formed Argentinean subsidiary Aldebaran Resources will create a strategic partnership to unlock value at the copper-gold project, located in the San Juan province.

China’s No.1 maker of battery cells for EVs to build plant in Germany

A German battery plant could help ease an expected negative impact in the workforce employed by the local automotive industry.

Sibanye-Stillwater hit with lawsuit over mounting fatalities, losses

US law firm Bernstein Liebhard said the suit would deal with "misleading statements" made by the precious metals producer, which has had 21 fatalities on its operations so far in 2018.

Philippine miners call for end of ban on big new projects

Miners are urging the government to lift a six-year ban on large-scale projects in the Philippines after the state removed restrictions on smaller ventures.

Lithium demand from battery makers to almost double by 2027

Strong demand growth will be largely focused on high-grade lithium, according to research firm Roskill.