The original sale of the stake was disputed in a London court by aluminium producer Rusal, which owns a stake in Nornickel.
Nickel Mining News
RNC Minerals soars after striking gold in once-in-a-lifetime find
More than 9,000 ounces, or $10 million worth of gold, were recovered in a four-day period.
Australia’s mining sector pushing for revamped Trans-Pacific Partnership: Interview
MINING.com interviewed the Minerals Council of Australia CEO.
Mining exploration spending in Australia jumps to 5-year high
Drilling at new projects up 57% as spending on gold exploration reaches 21-year high.
Luxembourg’s mining-focused Space Agency ready to lift off
Unlike US space agency NASA, Luxembourg Space Agency (LSA) will not carry out research or launches. Its purpose is to boost exploration, mining and commercial utilization of resources extracted from near earth objects.
Australian southern state open to mining
Victoria's government wants to spend $220 million on exploration and drill one million metres by 2023.
World’s ‘most beautiful’ electric car to hit the road in 2020
Announcement is nothing but good news to battery metals miners, which have seen demand for their mined commodities soar in the past year.
Quebec miner looking for cobalt and precious metals
Manganese X Energy now wants a taste of the cobalt market.
Western Australia junior gets 'conerstone' funding from Chinese battery manufacturer
Advancing a nickel-copper-PGE sulphide deposits and gold in Western Australia.
BHP annual profit jumps 33 percent, misses forecast
Analysts thought profits would reach $9.27 billion.
Hedge funds turned record short on metals just before the rout
As U.S.-China trade tensions escalated mid-June, fast-money traders flipped to a short position in metals overall.
China's CATL to start producing next-gen low-cobalt batteries in 2019 — source
China's largest lithium battery maker will produce nickel-rich batteries, which are cheaper to make and have longer life-spans than cobalt-based ones.
Mining and metals markets crater as copper price enters bear market
Investors found no solace in traditional safe haven gold with the precious metal setting a one-and-a-half year low.
Nickel is dancing to a new electric (vehicle) beat
The world used almost 2.2 million tonnes of nickel last year. Around two thirds of that metal was absorbed by the stainless steel industry.
How Canada’s mining sector impacts the economy
Canada is one of the world’s largest exporters of minerals and metals, supplying approximately 60 different mineral commodities to over 100 countries.
Electric car bets boosting nickel demand, Nornickel says
Expectations of a boom in demand for electric vehicles are leading investors and battery makers to stockpile nickel and helping to fuel a spike in global prices of the metal.
Egyptian copper's origin revealed
Two new studies reveal where ancient Egyptians got the red metal from.
Glencore credits China's 'Blue Skies' program for strong H1
Protectionism could limit future growth.
Latin America-focused copper miner now eyeing Canada
Westminster Resources to buy a land package in the Ronge district of Saskatchewan.
LME to trial electronic closing prices for nickel next year
The London Metal Exchange (LME) launched on Wednesday a consultation to trial in the first quarter of next year the use of its electronic system to determine closing prices of the three-month nickel contract instead of open outcry.
Lundin Mining CEO Conibear to retire
Canada's Lundin Mining Corp said Chief Executive Officer Paul Conibear is retiring and also reported a 3 percent rise in second-quarter profit on Wednesday.
Nickel is new headache for automakers as cobalt fears abate
Locking in supplies of key battery raw materials lithium and cobalt has been a headache for electric car manufacturers, but these days it’s the supply of nickel and graphite that’s keeping them up at night.
Vale's Q2 capex reaches lowest level since '05
Vale announced an adjusted EBITDA of US$3.9 billion in Q2 with iron ore production of 96.8 tonnes and sales of 86.5 tonnes.
