Nickel Mining News

Fund flows pushing commodities prices higher, but at what cost?

Citigroup’s Metals and Mining team issued a note Monday talking about how fund flows - not global economic growth - are driving commodities prices higher.

Zimbabwe: Mwana Africa's Bindura Nickel in off-take deal with Glencore

Bindura Nickel signs output off-take agreement with Glencore International. Bindura predicts yearly nickel output at7,000 tonnes.

Talvivaara's Primary Crushing Capacity Boosted by Crusher Cavity Optimization

Talvivaara mine, located in Northern Finland, is today the biggest sulfide nickel ore mine in Europe. In close cooperation with Metso, and with crusher cavity optimization, Talvivaara recently boosted its primary crushing capacity annually by […]

Bucko mine restart grows closer

Crowflight Minerals of Vancouver is making a $30-million private placement, part of which is earmarked for acquiring mining equipment and restarting the Bucko Lake nickel mine in the Thompson nickel belt near Wabowden. Part of […]

Deal reached in Labrador nickel strike

Brazilian mining giant Vale has reached a tentative settlement in an 18-month-long strike with workers at its Voisey’s Bay nickel mine in Labrador, the Globe and Mail reported.

Philippines hoping for a Colombia-like repeat in its mining sector

There are more than a few explorations companies drilling holes in the Philippines these days, all with the quiet hope that the country soon finds favour with serious resource investors in the much the same way that Ventana Gold and others became overnight rock stars, if you will, with their projects in Colombia.

Nickel Deficits To Be A Growing Concern

Nickel is your quintessential commodity – out of favor last year, in favor this year, meaning market deficits aplenty, with companies scrambling to fill the void left by dormant production during the down years.

Zinc, cobalt grabbing some ‘green’ traction

Zinc and cobalt often fall into that esoteric metals category called byproduct, meaning they are generally an afterthought for miners who are keen at getting at, say, nickel or copper deposits. Still, both metals are being increasingly targeted for their use in growing markets, such as rechargeable batteries for electric cars.

RUSAL co-owner says he expects new Norilsk offer

RUSAL, the world's top aluminium producer, expects a new offer from Norilsk Nickel for its 25 percent stake in the nickel giant, RUSAL co-owner and board chairman Viktor Vekselberg said on Jan. 24. Reuters reports:

European Nickel top two execs quit; Caldag ops doubtful

European Nickel  said its chairman and deputy chairman will step down, a month after the UK-based miner suspended work at its flagship Caldag mine in Turkey, according to a Reuters story.

RusAl files lawsuit against Norilsk Nickel

The world's top aluminum producer RusAl has filed three law suits against Norilsk Nickel, the world's largest nickel producer, over its deals with Trafigura Beheer BV, Inter RAO and a USD 4.5 billion buy back […]

We’ll save our copper smelting project, says China’s Xinjiang Xinxin

Xinjiang Xinxin to pull out all the stops to meet environmental regulations and get government go-ahead to build copper smelter.

North American Palladium & the growing demand for PGMs

North American Palladium hit a new 52-week high of $7.62 so far this week, in part because the market has gone gaga for all things palladium. The company's shares had been showing support around $6.69 and resistance in the $7.45 range, but investors continue to push palladium-minded stocks higher in the belief that growing demand for PGMs, or platinum group metals, will continue to be ramped up.

Surplus predicted for nickel in 2011 – Sumitomo

A number of analysts are now predicting a nickel surplus this year as Chinese stainless steel growth slows and new nickel mine projects come on stream.

Metallurgical test results confirmed for Turnagain project

(Vancouver) Hard Creek Nickel Corporation (TSX-HNC) released results today from locked cycle tests on the new composite sample ( Sample 10-265) collected from the recently drilled Hole 10-265 in the Horsetrail Zone of the Company's 100% owned Turnagain

China’s Emphasis on Construction Bullish for Long-term Growth

The full version of our analysis (with comments particularly valuable for Precious Metals Traders) is available to our Subscribers. In an earlier article we saw the might of China’s residential sector. An examination of the non-residential sector and […]

Will a Residential Construction Bubble in China Weigh Down Industrial Metals?

The full version of our analysis (with comments particularly valuable for Precious Metals Traders) is available to our Subscribers. China is the world's largest consumer of copper, zinc and nickel and also among the leading consumers of […]

Strong 3-6 months for nickel, then supply growth to hit; iron ore outlook positive

While the nickel market looks firm in the near term, Macquarie analysts report that longer term supply growth could impact prices. Iron ore prospects look good for the time being. Read more

Vale commissions New Caledonia and Onça Puma projects

Vale announces the successful commissioning of its two large nickel projects, Vale New Caledonia (VNC), formerly Goro, and Onça Puma. Read the full press release

Talvivaara celebrates tenth Hitachi truck

Hitachi Construction Machinery (Europe) NV (HCME) has recently supplied its tenth EH3500ACII haul truck machine to Talvivaara nickel mine in Finland. The trucks have been supplied by Hitachi's Finnish dealer, Rotator. Read more

NEWS: Alkane Resources Limited – Financial and Strategic Analysis Review – new company profile and swot report published

Alkane Resources Limited – Financial and Strategic Analysis Review July 2, 2010 — (Source: PR-Inside) — ALKANE RESOURCES LIMITED (Alkane Resources) is an Australian based mining and exploration company, with focus on gold, and other minerals and metals. […]

Nickle Inventories fall

As a general rule, the most successful man in life is the man who has the best information London Metal Exchange (LME) nickel inventory levels are down 20% from their peak in February and the […]

New Moran deposit to give Kambalda nickel mine greater longevity

Independence Group NL (ASX: IGO) announced today that the decline down to the Moran deposit at the Long mine was completed on schedule and first ore delivery was expected to be made early next month. […]

Rio Tinto allocates $469mn to build first new U.S. primary nickel mine

After several years of protests, litigation and delays attributed to the global economic downturn, the U.S. is about to get its first new primary nickel mine in years in the historic mining region of the […]

Rio Tinto will open Michigan Mine

“Anglo-Australian miner Rio Tinto PLC Tuesday said it will invest $469 million to build the Kennecott Eagle nickel and copper mine in Michigan after receiving the final environmental approvals for the project. Rio Tinto plans […]