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

Number of active mining projects by province ranked

Ontario is number one.

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.