The world's largest iron ore producer posted a 36 percent slump in first-quarter profit compared to the same quarter a year earlier.
Nickel Mining News
Philippines' top nickel miner keeps sales guidance despite govt curbs
The Philippines' top nickel ore producer, Nickel Asia Corp, said its export plans in 2018 remain unchanged despite government plans to limit mining areas.
Cuba sees 2018 nickel plus cobalt output topping 50,000 tonnes
The country was ranked 10th in world nickel production in 2016 and sixth in cobalt.
Commodities: the top asset class of 2018 so far
If the commodity sector keeps the pace for the rest of 2018, this will be the best year for the asset class since 2003.
LME to temporarily move nickel closing prices out of ring
The move is likely to happen early next year and last for three months, after which pricing will return to the ring.
Deep-sea mining: scientists say collaboration is key
They say there has to be a balance between exploiting mineral resources from the seabed and protecting vulnerable marine ecosystems.
Sanctions fever grips nickel as market rethinks Russia risk — Andy Home
With Russian aluminium producer Rusal imploding in the wake of U.S. sanctions against its oligarch owner Oleg Deripaska, attention is now turning to the status of another Russian industrial powerhouse, Norilsk Nickel.
Sanctions fallout upends metals as aluminum, nickel burst higher
Aluminum rallied as much as 7.1 percent, a record intraday gain, to $2,718 a ton in London.
BHP to produce nickel sulphate next year, eyeing cobalt on battery boom
It expects to have sold 90% of its nickel sulphate supply by the end of 2019, two years earlier than anticipated.
Russia fears light fire under nickel price
Price surges nearly 5% to three-year high over worries that top producer Norilsk could befall the same fate as aluminum giant Rusal.
Anglo gives 30-day leave to workers at suspended Brazil iron ore mine
The company halted production and transport operations for 90 days at the Minas-Rio mine to comply with a request by authorities that it inspects a pipeline that has leaked twice.
Chinese investors key as cobalt price hits month low
Cobalt27 CEO lines up Chinese automaker deals, ponders HK listing: “There is a lot of interest and it is natural because it is where all this will happen”.
Australian miner sells nickel tenements for $1.55 million
The tenements are within the Leinster Nickel Project, located in granites and greenstones of the Achaean Kalgoorlie Terrane.
'Urban mining' in S.Korea pulls rare battery materials from recycled tech
In 2016, the most recent year from which data is available, 19.6 trillion won ($18.38 billion) worth of metals were extracted from recycled materials.
Botswana's Tati Nickel Mine out of liquidation after court ruling
When it was placed under liquidation, Tati had incurred a cumulative loss of 1.6 billion pula ($165 million) and owed creditors one billion pula.
Australia's South32 to appeal damages ruling in Colombia
The court accepted as valid arguments and evidence presented by community leaders who claimed that waste emissions from South32’s Cerro Matoso nickel mine caused skin, lung and heart problems to people in the nearby towns.
Canadian miner A-OK despite U.S. sanctions against Russian companies
Despite analysts predicting that sanctions against Oleg Deripaska may cause a turmoil in the mining world, Kinross made an effort today to stand clear from such possibility.
Private capital flowing into mining on track for record year
The second largest ever private equity fund focused on mining closed in the first quarter – 13 funds aim to raise a further $4.9 billion in 2018.
Here are the firms feeding China's battery revolution
Chinese companies are leading the way in securing the raw materials needed for a massive expansion in battery capacity.
Sanctions on Russian tycoon Deripaska will create global ripples
Deripaska is the main owner of the conglomerate EN+, which in turn is the co-owner of some of the world's biggest metals producers.
Electric vehicles do not need to be poisonous
The rapid proliferation of poisons in a widening variety of applications requires better monitoring and control.
CHARTS: Mining rally running out of steam as copper price weighs
Cobalt, nickel still on the boil, but gloomier outlook reflected in copper price and fall in market value of top mining companies during first quarter.
Of all things molybdenum could crash cobalt, nickel price party
New lab discovery uses molybdenum to solve problems of lithium sulphur batteries, doing away with nickel and cobalt for cheaper, lighter, safer technology.
Nickel market eyes Philippines as mine review delayed yet again
The review by the Mining Industry Coordinating Council is now set to take six months instead of three, according to the Department of Finance.
Canadian miner allowed to operate in Sweden
Gungnir's drill campaign would begin in the second quarter of 2018 with 20 diamond drill holes testing six target areas over a strike length of more than 8 km.
