September 3, 2019 Australia’s greenfield exploration spending up 57% Total mineral exploration expenditure in the last quarter rose 31.1% to A$663.1 million.
September 2, 2019 Indonesia’s nickel ban shows resource nationalism on the march While Indonesia has an estimated nickel ore reserves of 2.8 billion metric tons, proven stockpiles are only about 600 million to 700 million tonnes.
August 30, 2019 Ramu sends nickel price to 5-year high amid tightest market in decade Nickel price rockets after Papua New Guinea plant supplying 23% of LME warehoused nickel faces shutdown over ocean spill.
August 30, 2019 China is already winning the next great race in electric cars At some point it won’t make sense anymore to dig for raw materials, because enough batteries are available.
August 30, 2019 Indonesian minister expedites ore export ban Talk of the ban has sent prices of nickel soaring on the Shanghai and London markets.
August 30, 2019 African Rainbow Minerals to mothball loss-making Nkomati mine The nickel mine, in Mpumalanga province, was hit by soaring costs and lower metals prices in the last few years.
August 29, 2019 Nickel price forecast revised up as speculative rally boosts tight market — report Nickel prices rallied over 34% from the beginning of July, mainly on the back of a flurry of speculative activity spurred by supplyside fears in Indonesia.
August 28, 2019 Papua New Guinea may close Chinese-owned nickel plant after spill The leakage from the facility, owned by Metallurgical Corporation of China, affected the adjacent Basamuk Bay.
August 27, 2019 New projects for battery material nickel need a price spur Consultancy Roskill estimates most new greenfield nickel projects would need prices at $22,000 a tonne or above.
August 22, 2019 Kootenay Silver, Pure Nickel on Eric Sprott investment blitz list The Canadian billionaire investor has splashed over C$145 million on gold, silver, and nickel explorers.
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