Copper $ 5.422 / lb 1.36%
Brent Crude Oil $ 61.05 / bbl -0.18%
Palladium $ 1578.5 / ozt 2.07%
Crude Oil $ 57.35 / bbl -0.26%
Natural Gas $ 4.123 / Btu -1.15%
Silver Futures $ 63.755 / ozt 2.79%
Aluminum Futures $ 2893 / ton 0.79%
Micro Gold Futures $ 4378.9 / ozt 1.12%
Micro Silver Futures $ 63.76 / ozt 2.76%
Platinum $ 1798.3 / ozt 1.93%
Gold Futures $ 4379 / ozt 1.13%
Go to MDC Markets

Vale to ditch 20% of its nickel assets in Indonesia

Cecilia Jamasmie | October 17, 2014 | 3:43 pm Base Metals Asia Europe Latin America Copper Nickel 

Indonesia’s outgoing government and Brazil’s Vale (NYSE:VALE) signed an amended mining contract Friday under which the company agrees to divest a 20% percent stake to Indonesian parties within five years. The deal, reports The Jakarta Post, is considered a milestone...

Mining.com Recommends

Contest Ranking Modal BG Contest Ranking Modal BG
Contest Ranking Title

Your Rankings.

The new Mining Power Rankings are live. Vote for the sector’s leaders in each of the Large-, Small-, and Micro-Cap leagues.

Vote Now