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…

October 27, 2011

Rusal / Norilsk: the risks are high

The long-running struggle between rival oligarchs Oleg Deripaska and Vladimir Potanin for control of Norilsk Nickel, Russia's biggest miner by market value, is a poor advertisement for Russian corporate governance.…