Nickel Mining News

Private capital says no to mining

Study shows Q2 2017 new private capital for natural resources investment dropped to lowest since 2011 and not a single mining fund were able to raise money.

As Indonesian nickel ore flows again to China, famine turns to feast: Andy Home

The flow of Indonesian nickel ore to China has resumed after a three-and-a-half year break.

Cobalt 27 aims to tap electric car revolution with $150m IPO

Minerals company Cobalt 27 Capital Corp made its debut on Canada's Venture Exchange on Friday, raising C$200 million in a listing that offers investors exposure to cobalt, a key metal for batteries in electric cars.

Nickel production to grow for first time since 2013 — report

More supply will likely drag prices lower, as the metal already touched a one-year low of $8,680 per tonne on the London Metal Exchange last week and is down more than 10% this year.

Anglo American appoints takeovers expert as new chairman

Stuart Chambers, 61 and former chairman of UK chip designer Arm, will join Anglo as a non-executive director in September, replacing Parker in November.

CHART: Commodity prices slump to 50-year low against US stocks

S&P500 most expensive compared to commodities since late 1960s despite last year's rally in metals and mineral prices.

Mining’s Tesla moment: DeepGreen harvests clean metals from the seafloor

A first look at DeepGreen Resources, a seafloor mining startup partnered with Glencore, Maersk, and Fiore Group to disrupt the metals industry and defend the environment.

Cobalt supply is in a “Death Spiral:” Jack Lifton

Jack Lifton says recycling, copper and nickel mining is a must to satisfy global cobalt supply needs

Even with iron ore prices diving, NASA fast tracks mission to $10,000 quadrillion asteroid

If NASA is successful in its mission to 16 Psyche, one of the most massive asteroids found between the orbits of Mars and Jupiter, humans will have a first ever chance of exploring a world made of iron, not rock or ice.

For these women, working underground is a bright opportunity

Mothers will do everything to ensure a bright future for their children.

Blow to iron ore price as Chinese steelmakers opt for scrap

Chinese furnaces make the most of slump in domestic prices to double scrap charge rates which could displace as much as 70 million tonnes of iron ore.

Canada’s Trevali picks up Glencore zinc mines in Africa

The deal, worth about $400 million, will make Trevali the first pure zinc producer with operations in North and South America as well as Africa.

Vale closing Birchtree nickel mine in Manitoba

200 jobs lost.

Glencore: 'Electric vehicle revolution is happening faster than expected'

Copper, cobalt, nickel and manganese demand boost as major car companies dramatically increase investment to go electric says CEO Ivan Glasenberg.

BHP’s Mackenzie, Elliot Management face off

US activist investor steps up pressure on BHP to ditch petroleum. Mackenzie says company already knows what to do to lift value by 50% and double return on capital.

BHP ditching 'Billiton' in $10 million rebranding move

Move comes on the heels of calls from shareholders including activist investor Elliott Management and Australia’s Tribeca Investment Partners for a change of BHP's corporate structure.

Philippines to keep mining law intact, despite new minister appointment

The new head of the environment office, Roy Cimatu, has however said he believed it was possible to balance mining and natural resources protection.

INFOGRAPHIC: The numbers behind the world's closest trade relationship

Whether we’re discussing the ancient merchants that traversed the legendary Silk Road, or the transfer of goods across modern border lines, trade has always been about building close relationships.

Philippines shows anti-mining environment minister the door

Congress decision puts and end to a 10-month tenure during which Regina Lopez ordered the closure of more than half the country's mines and banned open-pit mining.

Sherritt surrenders equity share at Ambatovy to cut $1.4B in debt

Canada-based nickel miner Sherritt (TSX:S) has struck a deal with its partners at the Ambatovy nickel operation in Madagascar, allowing the company to eliminate $1.4 billion in debt.

Timeline: The adventures of Robert Friedland

Entrepreneur, financier and company-maker.

Norilsk Nickel sues Botswana over thwarted mine stake deal

The Russian miner wants to recover $271 million it lost when a state-backed company failed to complete the acquisition of a 50% stake in its Nkomati mine in South Africa.

Philippines extends mining ban, now forbids open-pits

Prohibition only affects planned mines, not the ones currently in operations, but it will take effect immediately.

Vale’s first quarter profit lower than expected as rains hurt iron ore output

Net income totalled $2.5 billion, compared with profit of $525 million in the prior three months and almost $1.8 billion a year earlier.

Copper, lead, zinc prices to stay on the boil

New World Bank outlook for commodities predict 32% price jump for zinc and 18% for copper and lead, but outlook for nickel price in 2017 is murky.