The ownership dispute is part of a long-running battle for control of Nornickel, a $33 billion mining company.
Nickel Mining News
After a five-year peace deal ended in December, the power struggle between two major Nornickel shareholders resurfaced earlier this month.
CHART: Baltic Dry Index has plummeted 32% since December, opening up huge gap to closely correlated industrial metal prices.
Garibaldi Resources beats out tech, energy, life sciences firms for Toronto market's annual crown with 2,351% market cap gain and 150m shares traded.
MGX Minerals will proceed with its previously announced partnership with Highbury Energy.
Cobalt 27, RNC Minerals shares pop after inking $70m deal on world's largest undeveloped cobalt, nickel sulphide deposit.
Company became the latest top miner to report soaring profits, hefty dividends and lighter debt burden.
The Swiss miner and commodities trader Glencore said its solid finances will let it to pursue more acquisitions if opportunities arise.
Eramet is actively looking at acquisition targets after previously acquiring a lithium deposit in Argentina.
Asia’s No.1 carmaker has developed a magnet that reduces dependence on neodymium, a key rare earth metal used in the world’s most powerful batteries for electric vehicles.
The New-York based fund argues an overhaul could add more than $22 billion in value for shareholders and wants BHP to conduct an independent study.
Nornickel, a $33 billion mining company, competes with Brazil's Vale SA for the rank of the world's top nickel producer.
Australian Mines said the agreement included an option for SK Innovation to buy up to 19.9% of its ordinary shares.
New report says "deals in lithium, copper and cobalt are expected to feature high on the agenda of management teams across the industry."
Base metals should continue to do well in 2018 along with the US steel industry, though American coal will continue to lose ground to natural gas.
Three billionaires faced off in London court on Friday in a conflict triggered by Roman Abramovich’s desire to sell his stake in MMC Norilsk Nickel PJSC.
Mitsui’s investments in Chile’s copper industry date back to the 1990s and it now has minority interests in a number of the country’s leading mines.
Output of the steelmaking material reached 366.5 million tonnes last year, boosted by record high productionat Vale's northern system, which composed of its Carajás, Serra Leste and the massive S11D mine.
Top listed copper producer Freeport jumped 7.4% and with Vale – up 6% – was among the NYSE's top 10 most actively traded stocks.
Charge is due to due to cuts in the US Federal corporate income tax rate, the world’s biggest mining company said.
A worker died on Monday night while clearing a blocked ore pass at the company’s Driefontein gold operation in South Africa.
Without changing the way it operates, the Canadian miner now wants to set foot in the world’s second lithium producing country.
The world's leading palladium producer is planning a joint venture with Russian Platinum.
Two employees were trapped underground and later died in a fall of ground incident at the company's Kloof gold mine.
New report shows private equity investment in mining jumped to $2.3 billion last year, with the bulk going into copper and battery metals.