The Swiss commodity giant is reportedly finalizing a $700-million deal with the Ontario Teachers’ Pension Plan to create a new base-metals royalty vehicle.
Nickel Mining News
Sudbury Coleman Mine in shutdown for 30 days
Under the terms of the collective agreement, employees do not get paid when work is not available.
Planetary Resources readies asteroid mining technology for Dec. launch
The Arkyd-6 spacecraft includes core technology that will be used in the company’s asteroid exploration program.
Former Xstrata CEO Mick Davis may become Rio Tinto new chairman
The mining veteran could face competition from internal candidates, including former head of UK gas company Centrica, Sam Laidlaw, who now sits on Rio’s board.
Finnish nickel producer, Trafigura tap electric vehicle boom
Trafigura Group provides $200m in funding to Finland's Terrafame nickel mine, which plans to start producing material for electric vehicle batteries by 2020.
China's Antaike says global nickel deficit to shrink in 2018
Global deficit in nickel supply to drop 53,000 tonnes in 2018 from 98,000 tonnes this year, partly due to recovery in Chinese production growth.
London Metal Exchange Week galvanised by electric dreams: Andy Home
This year, copper was shoved out of the London limelight by new hot metals such as lithium, cobalt and nickel.
BHP aims for more copper, oil; steers away from EV minerals
BHP CCO Balhuizen says while 2017 marks "tipping point" for EVs entering mainstream of metals demand forecasting, in terms of sales mass move is further off.
Uranium superstar goes all-in on impending nickel crunch
Mike Beck gives a provides a detailed analysis on lithium, uranium, and nickel.
BHP to step up copper exploration, expansions to meet electric vehicles sector’s rising demand
World's biggest miner is getting ready to provide enough copper for the 140 million electric cars forecast by 2035.
Nickel: The secret driver of the battery revolution
Commodity markets are being turned upside down by the EV revolution.
Electric cars set world's nickel miners on new course
Battery boom promises new and growing market for high-grade nickel products, but half the world's supply of the metal is unsuitable for battery production.
Russia's Nornickel sticks to 2017 output forecast after strong quarter
Russia's Norilsk Nickel, the world's second-largest nickel and top palladium producer, reaffirmed its previous 2017 output forecast on Monday after a strong third quarter.
Electric cars yet to turn cobalt market into gold mine – Nornickel
Prices for cobalt metal, used in production of electric vehicle batteries, have tripled to nine-year peaks above $30 a pound from below $10 a pound in late 2015.
Juniors oppose Barrick’s plans to turn an old mine into a ski resort
"Barrick must be stopped!", a junior miner wrote.
Brazil congressional committees vote on reforms helping small miners
While an estimated 61 larger miners will pay more, about 30,000 smaller miners seen as larger job creators will pay less.
Philippines open pit mining ban could be lifted before year end
Mines minister says will follow new recommendations of environment regulator reviving projects like giant Tampakan, Silangan copper-gold mines.
Xi's China a boon for mining
President Xi's enormous power means his pet projects like One Belt–One Road and Xiongan New Area will receive the full backing of the state.
Barrick Gold’s nickel mine could become a ski resort
The complex would be called the Giant Nickel All Season Resort.
The massive impact of EVs on commodities in one chart
What would happen if you flipped a switch, and suddenly every new car that came off assembly lines was electric?
Vale’s iron ore output hits another record
Iron ore production rose 3.3% compared with the same period last year to hit a fresh quarterly record of 95.1 million tonnes.
Vale puts stake in New Caledonian nickel unit up for sale
Move is part of a wider review of low performing assets after new Chief Executive Fabio Schvartsman took charge in June.
BHP's copper production up sharply, iron ore down
Fire shrinks Mt Whaleback iron ore production, but output at world's largest copper mine Escondida in Chile jumps 23%.
Philippines' Duterte lifts suspension on gold miner Lepanto
Lepanto was among more than two dozen companies ordered halted by a sacked minister who led an environmental crackdown.
Mitsui to build desalination plant for BHP’s Spence copper mine in Chile
The project will be the Japanese company’s first desalination plant and it is estimated to require an investment of around $623 million (70 billion Yen).
