November 20, 2017 Russia miner Nornickel sees capex rising by 2019-2020 The company plans to increase capital expenditure to an average of $2.3 billion to $2.5 billion a year in 2019 and 2020 from about $2 billion in 2018.
November 20, 2017 Brazil’s Vale denies postponing sale of New Caledonia mine stake Brazil's Vale SA denied that it had decided to postpone the sale of a stake in the New Caledonia nickel mine, saying it is continuing to look for a partner.
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.
Precious metals craze prompts China fund to turn away investors UBS SDIC Fund had become increasingly concerned that investors could be exposed to heavy losses should a record-breaking bull market suddenly turn. December 27, 2025 | 08:00 am
