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Nickel
 
NICKEL

Nickel price to weaken further as pig iron sector cuts costs

0 COMMENTS
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,...
By: Reuters
19th June 2013
 
 
NICKEL

Metals X abandons DFS studies

0 COMMENTS
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...
By: Esmarie Swanepoel
18th June 2013
 
 
NICKEL

Royal Nickel announces $1.1bn NPV for Quebec nickel project

0 COMMENTS
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...
By: Henry Lazenby
17th June 2013
 
 
NICKEL

African Eagle considers selling Dutwa assets

0 COMMENTS
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...
By: Natasha Odendaal
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...
By: Henry Lazenby
12th June 2013
 
 
LEGISLATIVE FRAMEWORK

Botswana sharpening nondiamond mining incentives

0 COMMENTS
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...
By: Martin Creamer
11th June 2013
 
 
PROJECT DEVELOPMENT

Ivanplats files for SA mining right, announces BEE deal

0 COMMENTS
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...
By: Henry Lazenby
10th June 2013
 
 
NICKEL

Agata pilot plant starts up - Mindoro

0 COMMENTS
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...
By: Esmarie Swanepoel
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...
By: Henry Lazenby
6th June 2013
 
 
 
 
 
 
 
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