Nickel Mining News

No one thing to blame in miners' deaths: Vale

Sudbuy Nickel company puts forth 30 recommendations after investigation into fatalities.

Sherritt Announces Senior Management Changes

Sherritt International Corporation ("Sherritt" or the "Corporation") (TSX:S) today announced changes to the leadership of its senior management team, effective February 1, 2012.

SGS Metallurgy chosen for hydromet testing of Dutwa nickel ores

African Eagle is moving ahead with metallurgical testwork on its big Dutwa nickel resource in Tanzania and has contracted SGS Metallurgy of Perth to undertake this.

St. Eugene Receives Final Court Approval for Transaction with Claude Resources Inc. and Satori Resources Inc.

St. Eugene Mining Corporation Limited (TSX VENTURE:SEM) ("St. Eugene" or the "Company") announced today that the Supreme Court of British Columbia has issued a final order approving the plan of arrangement providing for the acquisition (the "Acquisition") by Claude Resources Inc. (TSX:CRJ)(NYSE Amex:CGR) ("Claude"), of all of the issued and outstanding shares of St. Eugene (that Claude does not already own).

United Reef Provides Update on Proposed Reverse Takeover Transaction

United Reef Limited (TSX VENTURE:URP) ("United Reef") is pleased to provide the following update further to its press release dated December 5, 2011, with respect to a proposed reverse takeover transaction with Black Widow Resources Inc. ("Black Widow").

$1billion Ivanplats IPO rumoured

Bloomberg reports that Ivanplats Ltd., an Africa-focused mining company controlled by billionaire CEO Robert Friedland, may seek up to $1 billion in an IPO.

Norilsk Nickel to reduce production in 2012

The miner is expecting to reduce production this year to adapt to a slight fall in global metals demand, but does not see a slump into another global economic crisis.

Nickel Rises on Signs Demand to Top Supply: Commodities at Close

The Standard & Poor’s GSCI Spot Index of 24 raw materials rose 0.4 percent to close at 659.77 at 4:27 p.m. in New York, led by nickel.

Quadra FNX: Victoria Mine production up 16%

Quadra FNX Mining (TSX:QUX) has updated the resource at its Victoria Mine in Ontario, Canada.

Western Areas looks to expand in WA

Western Areas says it is aiming to ramp up production in WA and become Australia’s second largest nickel miner.

Commodities face twin macro risks in Europe, China, Morgan Stanley says

Commodity markets face the “twin macro risks” of a European recession and a hard landing in China this year, according to Morgan Stanley.

Quadra 2011 copper output falls

Canada’s Quadra FNX Mining Ltd. (QUX-T15.30----%), which has signed a deal to be bought by a Polish government-backed miner, said Monday its production was down slightly in the fourth quarter, as compared to the previous three months.

Eurometeaux gears up for EU carbon tax talks

The metals lobby group is gearing up to meet with the European commission at the end of January to persuade it to grant the sector full exemption from the indirect carbon costs embedded in electricity prices.

Barclays commodities research: bullish on US crude, bearish on nickel

Although Barclays is positive on the prospects for commodity prices in Q1, for now they are still positioning relatively cautiously across sectors.

Steel replacing nickel in Canadian one- and two-dollar coins

The Globe and Mail reports that Canadian one- and two-dollar coins, known as "loonies" and "toonies", will this spring be made from steel, replacing the more expensive nickel they are currently made from:

LME says sell-out decision February as 2011 contracts value surges 33% to $15 trillion

Reuters reports the London Metal Exchange has been approached by several   potential bidders and will consider takeover proposals in late February according to its CEO. The LME handles some 80% of global trade in metals futures and a takeover will help the the 134-year old trading floor to compete against rapidly-expanding Asian metal trading hubs.

Nickel Asia posts record high exports

Listed Nickel Asia Corp. (NAC) hit a record high in shipment volumes last year amid strong demand from China, a disclosure to the local bourse showed yesterday.

Canadian firm to mine nickel in Tanzania

Canadian mineral explorer Continental Nickel Ltd (CNI) is set to start mining the mineral in southern Tanzania following positive exploration results.

India copper, nickel up on industrial demand

Copper and nickel prices rose by Rs 2 per kg in the local non-ferrous metal market today on pick-up in industrial demand amid a firming global trend.

Natural disasters, gold price among Top Mining Stories of 2011

2011 will go down as the year when the wind fell out of the sails of economic recovery and serious storm clouds gathered on the horizon.

Bucko Lake Mine production hit by low nickel prices

The Bucko Lake Mine in Manitoba is scaling back operations due to a fall in nickel prices.

Areva in talks to sell Eramet nickel mining stake

French nuclear giant Areva says it is in talks to sell its 26% stake in major nickel miner, Eramet (formerly Soc. Le Nickel) with major operations in New Caledoinia.

Nickel wards off pancreatic cancer

In a study of pancreatic cancer, Spanish researchers found that patients with high concentrations of nickel and selenium were least likely to suffer from the disease.

PNG rejects appeal to block Ramu nickel sea dumping

A Papua New Guinea court has rejected an appeal by local landowners to block deep sea dumping of waste from the Ramu nickel mine, junior partner Highlands Pacific said on Thursday.

PNG's Ramu nickel mine to run at full capacity by mid/late 2013

Minority partner Highlands Pacific said Tuesday it expects the Ramu nickel project in Papua New Guinea to operate close to maximum capacity by mid to late 2013.