Nickel Top Stories

Mining companies threaten action against Tanzania over new law

Indiana Resources alleged breach of contract after the East African…

BMW becomes first carmaker to join responsible mining group

The luxury vehicle maker plans to ethically source the raw…

Latest Stories

$1billion Ivanplats IPO rumoured

Bloomberg reports that Ivanplats Ltd., an Africa-focused mining company controlled by billionaire CEO Robert Friedland, may seek up to $1 billion in an IPO.


Quadra 2011 copper output falls

Canada’s Quadra FNX Mining Ltd. (QUX-T15.30----%), which has signed a deal to be bought by a Polish government-backed miner, said Monday its production was down slightly in the fourth quarter, as compared to the previous three months.

Eurometeaux gears up for EU carbon tax talks

The metals lobby group is gearing up to meet with the European commission at the end of January to persuade it to grant the sector full exemption from the indirect carbon costs embedded in electricity prices.

LME says sell-out decision February as 2011 contracts value surges 33% to $15 trillion

Reuters reports the London Metal Exchange has been approached by several   potential bidders and will consider takeover proposals in late February according to its CEO. The LME handles some 80% of global trade in metals futures and a takeover will help the the 134-year old trading floor to compete against rapidly-expanding Asian metal trading hubs.