November 20, 2017 Norilsk Nickel to cut costs by $200-$300m a year by 2020 COO Sergey Dyachenko told Reuters ahead of a strategy update to investors that the cost cuts were part of a comprehensive cost reduction programme.
November 20, 2017 Vale says still looking to sell stake in New Caledonia nickel mine The miner denied it had decided to suspend the sale of a stake in its loss-making New Caledonia nickel mine (VNC), and added that its plan to find a partner…
November 20, 2017 Philippines’ Duterte holds open pit mining ban despite pressure President Rodrigo Duterte's decision not only ignores demands from pro-mining groups but also from members of his own government, including the current environment minister Roy Cimatu.
November 17, 2017 Vale delays sale of stake in New Caledonia nickel mine The sale may be delayed for up to a year, a setback to efforts by the world’s largest iron ore producer to offload non-core assets.
November 16, 2017 BHP to exit shale within two years, sell nickel assets “We have a strong sense of urgency,” chief executive Andrew Mackenzie told reporters following the company’s annual general meeting in Melbourne.
November 15, 2017 Glencore, Canadian teachers close to launch mining royalty firm The Swiss commodity giant is reportedly finalizing a $700-million deal with the Ontario Teachers’ Pension Plan to create a new base-metals royalty vehicle.
November 14, 2017 Sudbury Coleman Mine in shutdown for 30 days Under the terms of the collective agreement, employees do not get paid when work is not available.
November 14, 2017 Planetary Resources readies asteroid mining technology for Dec. launch The Arkyd-6 spacecraft includes core technology that will be used in the company’s asteroid exploration program.
November 14, 2017 Former Xstrata CEO Mick Davis may become Rio Tinto new chairman The mining veteran could face competition from internal candidates, including former head of UK gas company Centrica, Sam Laidlaw, who now sits on Rio’s board.
Disruption and dislocation: LME metals’ year in seven charts Supply disruption and tariff dislocation have defined the London Metal Exchange base metals complex this year. December 23, 2025 | 07:58 am
