Nornickel Mining News

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.

Nickel prices expected to settle after Russia sanctions fade

Nickel prices to ease off after reaching a three-year high in April.

Russia's Nornickel cuts 2018 output forecast for copper project

The Bystrinsky project is now expected to produce 25,000-31,000 tonnes of copper and 90,000-110,000 ounces of gold in concentrate in 2018.

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.

Russian billionaire Potanin buys 2% of Nornickel from Abramovich

The dispute is part of a long-running battle for control of Nornickel, a $30 billion company that is one of the world's top nickel producers.

Russian billionaires risk "shootout" in battle over nickel giant

After a five-year peace deal ended in December, the power struggle between two major Nornickel shareholders resurfaced earlier this month.

Co-owners of Russia's Nornickel back in fight for control

Nornickel, a $33 billion mining company, competes with Brazil's Vale SA for the rank of the world's top nickel producer.

Nickel rally stalls, electric car boost some years away

Slowing demand from China's stainless steel mills and rising supplies have halted a frenzied price rally and are likely to keep weighing on prices.