http://www.miningweekly.com
R/€ = 16.30 Change: 0.01
R/$ = 14.31 Change: 0.04
Au 1251.01 $/oz Change: 2.65
Pt 792.21 $/oz Change: -0.80
 

Nickel News

Glencore guiding soaring 2018 earnings

By: Martin Creamer     12th December 2017 Diversified mining and marketing company Glencore sees itself as being best placed for the electric vehicle revolution through its ‘tier 1’ copper, cobalt, nickel, zinc and thermal coal assets. The company said in an investor day update on Tuesday that sustainably low-cost and long-life first... 

Crucial for commodity countries to build economic resilience – Unctad 

By: Martin Creamer     11th December 2017 Without policy change, commodity-dependent developing countries risk falling short of achieving their sustainable development goals (SDGs) by 2030, United Nations Conference on Trade and Development (Unctad) economic affairs officer Stefan Csordas warned on Monday. Unctad and the Food and... 

Crucial for commodity countries to build economic resilience – Unctad
Unctad’s Stefan Csordas discusses commodities report with Mining Weekly Online’s Martin Creamer. Video: Nicholas Boyd. Video Editing: Lionel de Silva.

Cyril Ramaphosa calls for mining sector action 

By: Martin Creamer     11th December 2017 South Africa must urgently break the ongoing deadlock on the regulation and transformation of the mining sector to ensure the proper use of this country’s world-class mineral resources, says Deputy President Cyril Ramaphosa. In an article on the CR17 Siyavuma campaign website, ahead of this... 

Cyril Ramaphosa calls for mining sector action
Photo by Duane Daws
Deputy President Cyril Ramaphosa

Owner’s engineer role by ‘Proudly South African’ Erudite pleasing Perth 

By: Martin Creamer     8th December 2017 New ‘Proudly South African’ start-up Erudite Strategies has hit a rich vein of acceptance in Australia, where investors in junior mining projects in Africa are showing alacrity in taking up its unique client representative and owner’s engineer offering. Each of Erudite’s three leading lights has... 

Owner’s engineer role by ‘Proudly South African’ Erudite pleasing Perth
Mining Weekly Online’s Martin Creamer interviews Johann de Bruin, the founding director of the new project engineering company Erudite. Video: Nicholas Boyd. Video Editing: Nicholas Boyd and Lionel da Silva.

Glencore-Canada venture hitched to low-carbon economy shift

By: Martin Creamer     5th December 2017 The joint venture partnership Glencore struck with a Canadian pension plan on Tuesday provides exposure to commodities that benefit from a low-carbon economy. BaseCore Metals, a 50:50 partnership centred on base metals streams and royalties, involves Glencore Canada Corporation contributing a... 

Glencore-Canada venture hitched to low-carbon economy shift
Glencore CEO Ivan Glasenberg

Change or lose another 100 000 mining jobs – Cutifani

By: Martin Creamer     4th December 2017 Without change, the South African mining industry would lose another 100 000 jobs, said Anglo American CEO Mark Cutifani, who six years ago accurately predicted the recent 100 000 job demise in South African mining. “I'll say it again, absent of change, we’ll lose another 100 000 jobs,” the... 

Change or lose another 100 000 mining jobs – Cutifani
Photo by Duane Daws
Anglo American CEO Mark Cutifani

Demand for battery metals will drive African exploration, investment

By: Nadine James     1st December 2017 Growth in the electric vehicle (EV) market will boost demand for battery metals exponentially, driving exploration and investment in Africa. This was discussed during a live-streamed Mining Indaba panel on energy metals in which Cobalt 27 chairperson Anthony Milewski, Montero president and CEO Dr... 

'Miner's revenge' is coming with electric cars, Friedland says

By: Bloomberg     1st December 2017 Surging demand for metals like copper, nickel and cobalt for use in electric vehicles promises to overturn the balance of power between mining companies and their customers, according to billionaire investor Robert Friedland. Automakers will have to change the way they approach procurement if... 

Lundin stock tumbles on disappointing production outlook

By: Henry Lazenby     1st December 2017 Base metals producer Lundin Mining saw about 21% of its TSX-listed equity wiped out on Thursday after it reported a disappointing long-term production outlook on Wednesday. The Toronto-headquartered company punted significant investments in both the Candelaria copper mine and mill, in Chile,... 

Electric vehicle revolution a rare investment opportunity as metals demand spikes

By: Henry Lazenby     1st December 2017 The rate at which global auto markets are adopting electrically powered vehicles (EVs) is accelerating at a much faster pace than even some of the keenest market observers have estimated at the start of 2017, and is opening up once-in-a-lifetime investment opportunities among the four key ‘energy... 

Electric vehicle revolution a rare investment opportunity as metals demand spikes

Orford to capitalise on ‘district-scale’ Qiqavik gold discovery, near-term catalysts in Carolina

By: Henry Lazenby     30th November 2017 Planning is under way for another summer drill campaign at recently-gone-public explorer Orford Mining’s Qiqavik project, in the remote emerging gold belt of Cape Smith, in Northern Quebec. “We’ve discovered a new gold district in Canada. This is like walking into the Timmins Belt for the first... 

Orford to capitalise on ‘district-scale’ Qiqavik gold discovery, near-term catalysts in Carolina
Photo by Orford Mining
Qiqavik prospecting, Northern Quebec

Dassault Systèmes heralding in new autonomous mining era  

By: Martin Creamer     30th November 2017 The 'mine of tomorrow' is expected to be a factory-like entity equipped with a multiplicity of autonomous devices, which are controlled by technology savvy personnel working from remote centres, attendees of the natural resources forum heard in Sandton on Thursday. The ‘mine of tomorrow’ would... 

Dassault Systèmes heralding in new autonomous mining era
Dassault Systèmes Geovia CEO Raoul Jacquand interviewed by Mining Weekly Online’s Martin Creamer on mine modernisation. Photographs: Duane Daws. Video and Video Editing: Darlene Creamer.

Mkango granted Chimimbe prospecting licence

By: Natasha Odendaal     29th November 2017 Aim- and TSX-V-listed Mkango Resources has been granted an exclusive prospecting licence covering the 98.48 km Chimimbe Hill nickel/cobalt deposit in central Malawi. With magnetic anomalies in the licence area indicating exploration potential for additional nickel/cobalt mineralisation, Mkango... 

Withdrawal of entire MPRDA only constitutionally acceptable solution – Leon

By: Martin Creamer     28th November 2017 The process of reconsidering the Mineral and Petroleum Resources Development Act (MPRDA) Amendment Bill has generated a new range of procedural missteps and failed to address any of the substantive problems in the Bill, leaving the entire withdrawal of the Bill as the only constitutionally... 

Withdrawal of entire MPRDA only constitutionally acceptable solution – Leon
Photo by Duane Daws
Herbert Smith Freehills Africa co-chair and partner Peter Leon.

Noront hits encouraging VMS mineralisation at McFaulds No 8; requests proposals for plant

By: Henry Lazenby     27th November 2017 Ring of Fire (RoF) development champion Noront Resources has intersected encouraging results at the McFaulds No 8 volcanogenic massive sulphide (VMS) deposit, hosted on the property where the first discoveries in the RoF were made and which spurred the initial staking rush in 2002 to 2003. The... 

Company offers mine to market solutions

24th November 2017 Combining concept-to-completion expertise with design and major project delivery capabilities for the minerals and metals sector, from bulk commodities to rare earths, professional services provider WorleyParsons offers its customers complete mine-to-market solutions from inception to... 

Company offers mine  to market solutions
MULTIDISCIPLIANRY APPROACH WorleyParsons takes a multidisciplinary approach, with teams comprising experts to identify challenges early and produce tailored strategies that mitigate risks

Agromining may provide new opportunities to extract remaining value from mined land

By: Mia Breytenbach     24th November 2017 With a significant portion of the large mineral deposits having been discovered worldwide, and in many cases reaching the end of viable economic recovery, phytomining is one option that could be chosen to extract the remaining value from this mined ground, Florida International University... 

Agromining may provide new opportunities to extract remaining value from mined land

Panoramic hopeful of return to producer status in near future

By: Mariaan Webb     23rd November 2017 The stronger nickel market and a weaker Australian dollar are working in Western Australian firm Panoramic Resources’ favour as it works towards a decision about restarting the Savannah nickel mine, in the East Kimberley. The Savannah mine has been on care and maintenance for a year-and-a-half,... 

Metals billionaire to win whether electric cars boom or bust

By: Bloomberg     22nd November 2017 There are two major reasons mining billionaire Vladimir Potanin is within a hair’s breadth of regaining his ranking as Russia’s richest tycoon this year. One is higher prices for nickel used in batteries as metals traders bet electric vehicles are the future of transportation. The other is a... 

Metals billionaire to win whether electric cars boom or bust
Mining billionaire Vladimir Potanin

Glencore sees nickel in best shape in decade before EVs take off

By: Bloomberg     21st November 2017 Glencore is seeing the best market conditions for nickel in at least a decade, and electric cars are barely playing a part yet. The miner and trading giant expects nickel’s 2017 deficit at 170 000 metric tons -- one of the biggest in years and more than most market estimates – to be driven by a... 

'A good number of investors' considering countries offering better return-on-investment prospects than SA

By: Dylan Slater     17th November 2017 Mining policies imposed by the Department of Mineral Resources (DMR) on local industry are creating increased uncertainty for investors, a growing number of whom are considering investing in mining projects and exploration in other countries, with a greater chance of a healthier return on... 

'A good number of investors' considering countries offering better return-on-investment prospects than SA
Photo by Duane Daws
PAUL MILLER A significant volume of additional capital needs to be earmarked for every new mining project to account for risk associated with policy uncertainty

Investor TCI demands UK's LSE answer more questions in board tussle

By: Reuters     16th November 2017 Activist investor TCI has demanded the London Stock Exchange answer a series of questions ahead of a shareholder meeting called by the fund to oust the chairperson over his handling of the planned replacement of its chief executive. Among the questions TCI wants answered by the LSE board before... 

Sherritt formalises restructuring of Ambatovy JV

By: Henry Lazenby     10th November 2017 Canadian diversified miner Sherritt International has signed a definitive agreement to restructure the Ambatovy Joint Venture (JV), which will see Sherritt transfer its 28% stake in return to eliminate debt from its balance sheet. Under the terms of the JV restructuring, which was first revealed... 

Sherritt formalises restructuring of Ambatovy JV

Political tension slows mining activity in Tanzania

By: Victor Moolman     10th November 2017 Despite the fact that political tension in Tanzania has impacted the mining industry, with several operations subsequently closing, SEW-EURODRIVE continues to have a strong presence in the country, with Tanzania as its main hub for East Africa. SEW-EURODRIVE South Africa national sales manager... 

Political tension  slows mining activity in Tanzania
NORMAN MALEKA There will be demand for after-sales support in Tanzania, owing to new industries established in the country

Mining technology gets boost from new Wits-Sibanye partnership

By: Martin Creamer     9th November 2017 Mining technology is being given a Fourth Industrial Revolution boost through the new partnership struck between precious metals mining company Sibanye-Stillwater and the Wits Mining Institute. Wits Mining Institute director Professor Fred Cawood outlined in a news release on Thursday that... 

EY's Canadian Mining Eye Index trends positively in Q3

By: Creamer Media Reporter      9th November 2017 The EY Canadian Mining Eye index gained 2% during the third quarter, following a 7% decline in the prior period. The gain was driven by increases across the board in precious and base metals. "As commodity prices continue to increase, appetite for investment in existing projects is expected to... 

Bristow, Friedland may go head-to-head in on-stage copper-gold debate

By: Martin Creamer     7th November 2017 Dr Mark Bristow of Randgold Resources and Robert Friedland of Ivanhoe Mines may go head-to-head in a live on-stage gold-versus-copper debate at the Investing in African Mining Indaba event at the Cape Town International Convention Centre from February 5 to 8, Mining Indaba MD Alex Grose disclosed... 

Bristow, Friedland may go head-to-head in on-stage copper-gold debate
Photo by Creamer Media
Investing in African Mining Indaba MD Alex Grose (right) and Martin Creamer

Horizonte submits Araguaia mine plan to authorities

By: Mariaan Webb     7th November 2017 Nickel explorer and developer Horizonte Minerals has marked another permitting milestone for its Araguaia project with the submission of a mine plan Brazil’s National Mining Agency (ANM). ANM approval of the mine plan, together with approval of the mine construction licence, the permit of which... 

Canadian junior mining sector riding renewed wave of confidence

By: Henry Lazenby     7th November 2017 Despite signs of improved investor confidence in Canada's prolific junior mining sector – mainly driven by rising consumer technology demand for resources – analysts are warning that the market recovery is in a delicate phase and will require discipline to survive until more substantial commodity... 

Canadian junior mining sector riding renewed wave of confidence

Nickel surges to best since 2015 on promise of electric-car boom

By: Bloomberg     1st November 2017 Nickel rocketed to a two-year high in London and climbed by the daily limit in Shanghai, as investors bet on a long-term boost to demand from the rise of electric cars. Prices advanced as much as 3.9% to $12,780 a metric ton on the London Metal Exchange, the highest since June 2015, before... 

Glencore sees quarterly production decreases

By: Anine Kilian     30th October 2017 While dual-listed Glencore’s copper and nickel production fell in the third quarter, the diversified miner said on Monday that this would not impact full year earnings. Copper production of 946 500 t for the quarter ended September 30 was 11% lower than the comparable quarter in 2016, owing to... 

Glencore sees quarterly production decreases

Norilsk Nickel lifts Q3 nickel output by 10% q/q

By: Mariaan Webb     30th October 2017 The world’s largest producer of refined nickel and palladium, Norilsk Nickel, on Monday reported a 10% quarter-on-quarter increase in its nickel output, but said third-quarter copper and platinum group metals production had declined. Nickel production increased to 54 175 t in the September... 

Norilsk Nickel lifts Q3 nickel output by 10% q/q

Metals study groups appoint Paul White as new secretary general

By: Henry Lazenby     27th October 2017 The International Copper Study Group, the International Lead and Zinc Study Group (ILZSG) and the International Nickel Study Group have appointed Paul White as their new secretary general to replace Don Smale, who will retire on December 31. Assuming his new role on January 1, White is currently... 

Sherritt narrows Q3 loss as higher commodity prices, lower costs boost the bottom line

By: Henry Lazenby     26th October 2017 Canadian diversified miner Sherritt International has reported improved headline earnings for the three months ended September, as higher realised prices for nickel, cobalt and oil and lower unit operating costs, mainly for nickel and electricity boosted earnings. Excluding special items, the net... 

Deepening nickel deficit forecast as EV market booms

By: Creamer Media Reporter      25th October 2017 As the world is speeding ahead with a move towards more electric vehicles (EVs), including hybrids, plug-ins and full electric cars, the nickel market is heading for deepening deficits, falling stocks and rising prices. This is the view of Wood Mackenzie principal analyst Sean Mulshaw, who... 

Deepening nickel deficit forecast as EV market booms

Shared vision needed for mining to boost entire economy – Mgojo

By: Martin Creamer     24th October 2017 A collective national vision, which must be viable, inclusive and transformative, is urgently needed to unleash mining’s latent ability to energise the entire South African economy, Chamber of Mines president Mxolisi Mgojo said on Tuesday. Speaking at a media lunch, Mgojo emphasised the folly of... 

Shared vision needed for mining to boost entire economy – Mgojo
Photo by Duane Daws
Chamber of Mines president Mxolisi Mgojo

Mixed fortunes for Anglo’s copper, coal and nickel divisions

By: Ilan Solomons     24th October 2017 Diversified major Anglo American recorded increases in production at its copper units, while coal and nickel production decreased in the third quarter, ended September 30. The company on Tuesday posted a 6% year-on-year increase in production on a copper-equivalent basis in the third quarter of... 

Mixed fortunes for Anglo’s copper, coal and nickel divisions
Photo by Bloomberg
For the first nine months of the year, copper equivalent production increased by 8%, while copper production increased by 5% to 147 300 t

Eramet expects significantly higher operating profit

By: Mariaan Webb     24th October 2017 French multinational Eramet’s operating income for 2017 is expected to exceed that of the previous year, the nickel and manganese producer reported on Tuesday, citing higher prices and productivity gains. The Euronext Paris exchange-listed miner reported operating profit of €84-million in 2016... 

Eramet expects significantly higher operating profit

Latest News

more

Latest Videos

more

Press Office

more

Topics In These Articles

RSS Feed

About

Mining Weekly is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Engineering News
Research Channel Africa
Polity

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on MiningWeekly.com is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options
Free daily email newsletter Register Now
Close