Vale sells New Caledonia nickel assets to Trafigura
Vale said it will have a supply contract with the Trafigura-led consortium to off-take part of the nickel produced there.
Latest Stories
New fuel from plastic waste aims to replace fossil fuels in marine industry
Clean Planet Energy plans to use non-recyclable waste plastics to produce two fuels expected to reduce CO2 emissions from the marine industry by 75%.
BMW, Volvo, Google and Samsung call for ban on deep-sea mining
They are the first global companies to have signed up a World Wildlife Fund (WWF) call for a moratorium on mining the seabed.
ABB, Hitachi to develop GHG-reducing solutions
The companies plan to apply ABB’s electrification, automation and digital solutions to mining trucks and excavators provided by Hitachi.
Congo launches state-owned cobalt miner
Entreprise Générale du Cobalt will sell cobalt hydroxide from artisanal miners under a five-year contract with trading house Trafigura.
50-year gold price vs stocks chart shows bullion fair value above $2,500
Gold vs the S&P 500 since end of gold standard indicates bullion’s bull run to resume based on historical norm. That, or stocks are in for a beating.
Taseko Mines clears legal hurdles at Florence; advances copper projects
Final design and engineering of the commercial in-situ production facility and the procurement of other critical components is underway.
Top iron ore producer forecasts 50% fall in price
Australia’s chief economist expects iron ore to trade nearly $100/tonne below today’s price by end of next year and no return to triple digits.
Resource-rich Australia shows vagaries of any commodity supercycle: Russell
For those seeking evidence of a new commodity supercycle, and for the sceptics of a sustained boom in natural resources, Australia’s government forecaster has it covered.