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Nickel
 
NICKEL

Nickel price to weaken further as pig iron sector cuts costs

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China's nickel pig iron producers are turning in droves to a new technology that allows them to survive at lower prices, a move that suggests nickel prices, already mired at four-year lows, could fall further. As nickel prices near $14 000/t,...
19th June 2013
 
 
NICKEL

Metals X abandons DFS studies

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Diversified junior Metals X has suspended work on the definitive feasibility study (DFS) of its Wingella nickel/cobalt project, in Western Australia, as depressed commodity prices persisted. “After due consideration of the current depressed...
18th June 2013
 
 
NICKEL

Royal Nickel announces $1.1bn NPV for Quebec nickel project

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Royal Nickel, which is working to develop the Dumont nickel project in Ontario’s Abitibi mining camp, on Monday announced a bankable feasibility study had demonstrated a technically and economically sound project with an after-tax net present...
17th June 2013
 
 
NICKEL

African Eagle considers selling Dutwa assets

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JSE-listed African Eagle has moved to sell part or all of its Tanzania-based Dutwa nickel assets after failing to secure a strategic partner for further development. This followed African Eagle’s suspension of project activities, including the...
13th June 2013
 
 
M&A

Lundin Mining to buy Rio Tinto’s Eagle copper mine in Michigan

0 COMMENTS
Base-metals miner Lundin Mining on Wednesday announced that it has entered into a definitive agreement to buy global mining major Rio Tinto’s high-grade Eagle nickel/copper underground mine, in northern Michigan, for about $325-million. Lundin...
12th June 2013
 
 
LEGISLATIVE FRAMEWORK

Botswana sharpening nondiamond mining incentives

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Botswana was continuing to review its minerals legislative framework to attract nondiamond miners to the heavily diamond-dependent country, its Geological Survey Department director Tiyapo Ngwisanyi said on Tuesday. Opening the tenth Botswana...
11th June 2013
 
 
PROJECT DEVELOPMENT

Ivanplats files for SA mining right, announces BEE deal

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Toronto-based and Africa-focused Ivanplats on Monday said it had filed a mining right application with South Africa's Department of Mineral Resources (DMR) for its Platreef project, located in the country’s significant Bushveld Igneous Complex...
10th June 2013
 
 
NICKEL

Agata pilot plant starts up - Mindoro

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Dual-listed Mindoro Resources and its TSX-listed joint venture partner TVI Pacific have commissioned and started operations on a pilot plant at the Agata nickel project, in the Philippines. This followed a positive result from bench-scale...
10th June 2013
 
 
NICKEL PROCESSING

TVI Pacific commissions pilot plant at Philippine nickel project

0 COMMENTS
Base-metals producer TVI Pacific and its joint venture partner Mindoro Resources has reported that, as a result of positive bench-scale testwork carried out at the Agata nickel processing project, in the Philippines, pilot plant testing that would...
6th June 2013
 
 
 
 
 
 
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