November 11, 2011 Albidon shuts down Zambia nickel mine citing ‘serious cash flow difficulties’ Mining Weekly reports Albidon’s (ASX:ALB) problems escalated on Friday after it suspended operations at its Munali nickel mine, in Zambia.
November 10, 2011 Australian iron ore magnate Forrest returns to nickel Reuters Africa reports a company chaired by Australian iron ore magnate Andrew "Twiggy" Forrest wants to reopen a nickel mine in Western Australia shut more than 15 years ago. A…
November 9, 2011 First Quantum lowers 2011 production guidance First Quantum Minerals on Tuesday said production of 265,000 tonnes of copper and 175,000 ounces of gold is forecast for 2011 reflecting lower production to date as well as lower…
November 6, 2011 Hungry for more acquisitions, Minmetals turns to nickel Minmetals is not finished acquiring companies to add to its stable of base metal mines, according to Bloomberg. The state-run Chinese miner, with operations in Australia and Laos, a month…
November 4, 2011 Anglo American discovers huge nickel deposit in protected Finnish bog Anglo American (LON:AAL) has discovered what could be Europe's largest nickel deposit in a bog in Finnish Lapland. Helsingin Sanomat reports exploration drilling by the British-American mining giant has found…
November 3, 2011 ENK successfully produces first nickel from Acoje pilot plant in Philippines London-listed ENK has announced the first nickel production from its Acoje pilot plant located 250 km north of Manila in the Philippines. Approximately 50 kg (dry weight) of nickel hydroxide…
November 2, 2011 Royal Nickel planning to build $1.1 billion nickel mine Royal Nickel (TSE:RNX) plans to advance its Dumont Nickel project, which is estimated to generate $1.1 billion after tax NPV, after receiving a prositive pre-feasibility study. The company, which made…
November 1, 2011 Australia’s Kagara gives Lounge Lizard nickel mine the heave-ho Australian copper and zinc miner Kagara Ltd. (ASX:KZL) is selling its Lounge Lizard nickel mine. "Kagara and its adviser Goldman Sachs & Partners Australia have commenced discussions with potential purchasers…
October 30, 2011 Platinum brain device is top 10 medical breakthrough for 2012 A new minimally-invasive procedure that can safely and effectively treat brain aneurysms without open surgery by implanting an FDA-approved device consisting of a flexible braided mesh tube made of platinum…
October 28, 2011 Norilsk Nickel envisages $35bn worth of investment to 2025 The company's board has approved a strategy that envisages investments to the tune of $35 billion between 2011 and 2025 to expand its resource base and raise output. The board…
Copper poised for best year since 2009 after December surge All six base metals on the LME are headed for annual gains in a year that’s seen an array of supply-side pressures. December 24, 2025 | 10:11 am