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Indonesia aims to finish mining output quotas approval by end-March, official says
Updated 2 hours 33 minutes ago By: Reuters

Indonesia's has approved the mining production quota requests from more than 120 mineral companies and aims to complete the approval process this month, a senior official at the Energy and Mineral... 


Vale Base Metals launches circular mining innovation challenge
Updated 6 hours ago By: Creamer Media Reporter

Nickel and cobalt producer Vale Base Metals has launched the pyrrhotite resource recovery innovation challenge to facilitate and enhance recovery of valuable metals and minerals contained in... 


Foulis steps down as Pacific Nickel chair
4th March 2024 By: Creamer Media Reporter

Greg Foulis has stepped down as chairperson of the board of Pacific Nickel Mines, the ASX-listed company reported on Monday. Foulis advised the ASX-listed company that several personal issued... 


Australian exploration trends shifting, impacting search for new deposits - Amec CEO
Australian exploration trends shifting, impacting search for new deposits - Amec CEO
4th March 2024 By: Creamer Media Reporter

While Australian mineral exploration expenditure reached a record high in 2023, statistics for the December quarter show that the trends are shifting to a decline in expenditure and metres drilled,... 


Nickel may flip to deficit on Indonesia hurdles, Macquarie warns
Nickel may flip to deficit on Indonesia hurdles, Macquarie warns
1st March 2024 By: Bloomberg

The global nickel market could swing to a surprise deficit this year if growth in Indonesian output is constrained by slow mining permit approvals, according to Macquarie Group Ltd. While the... 


Centaurus defers Brazil downstream refinery study
Centaurus defers Brazil downstream refinery study
1st March 2024 By: Mariaan Webb

Amid a dramatic change in nickel market conditions over the past few months, Australia’s Centaurus Metals has deferred plans for a nickel sulphate refinery in Brazil and will instead focus on a... 


Indonesia says its nickel supply will keep global prices low
29th February 2024 By: Bloomberg

Indonesia, the world’s largest nickel exporter, has a sobering message for struggling producers of the battery metal elsewhere: don’t expect any meaningful revival in prices. Septian Hario Seto,... 


BHP to restructure some global corporate roles as it looks to trim costs
BHP to restructure some global corporate roles as it looks to trim costs
29th February 2024 By: Reuters

The world's biggest listed miner BHP said on Thursday it was disbanding some global teams and transferring those roles covering functions including planning, environment and heritage protection to... 


Tighter Indonesian nickel ore supply boosts prices, curbs smelter output
28th February 2024 By: Reuters

Nickel ore prices in Indonesia, the world's top producer, have risen on tighter supply after government delays in issuing new mining quotas that has also prompted smelters to curb production,... 


Australia considers tax credit for minerals processing, says industry group
Australia considers tax credit for minerals processing, says industry group
28th February 2024 By: Reuters

The Australian government is considering a tax credit for companies that build processing facilities to boost the value of green energy minerals such as nickel and lithium, the head of a mining... 


The Raglan mine in Nunavit
Glencore’s Raglan opens new mine
27th February 2024 By: Creamer Media Reporter

Nickel miner Raglan, a Glencore company, has officially inaugurated the Anuri mine from its Sivumut mining project, which has been under development for more than ten years. Anuri, which is one of... 


Indonesia working to approve more nickel, tin quotas
27th February 2024 By: Reuters

Indonesia's Ministry is trying to address delays in approving new mining volume quotas, an official at the Energy and Mineral Resources Ministry said on Monday. The ministry so far has issued... 


Indonesia's coal-fired nickel output is pricing out greener metal that has so far failed to command a market premium.
Nickel faces existential moment with half of mines unprofitable
27th February 2024 By: Bloomberg

Many of the world’s biggest nickel mines are facing an increasingly bleak future as they wake up to an existential threat: a near limitless supply of low-cost metal from Indonesia. With roughly... 


MIND ID to acquire 14% stake in Vale Indonesia from foreign investors
26th February 2024 By: Reuters

Indonesia's mining industry holding company, MIND ID, agreed on Monday to acquire a 14% stake in Vale Indonesia from Vale Canada and Japan's Sumitomo Metal Mining, to become the top shareholder at... 


Fortescue Metals CEO Andrew Forrest
Forrest urges LME to separate nickel contracts into 'dirty' and 'clean'
26th February 2024 By: Reuters

The London Metal Exchange should classify its nickel contracts into "clean" and "dirty" contracts to give customers more choice, Australian iron ore magnate Andrew Forrest said on Monday. The... 


Panoramic CEO and CFO roles made redundant
23rd February 2024 By: Creamer Media Reporter

The administrators of Panoramic Resources this week announced that the role of CEO had been made redundant. This followed the cessation of operations at the Savannah nickel project last month,... 


anglo american sign and logo
Anglo to focus on cost cutting following disappointing 2023 performance
22nd February 2024 By: Darren Parker

Mining major Anglo American chairperson Stuart Chambers and CEO Duncan Wanblad have both expressed disappointment with the company’s financial results for 2023, which were released on February 22.... 


Eramet in talks with France to offload debt from SLN nickel unit
22nd February 2024 By: Reuters

Eramet is in "very advanced talks" with the French government to remove from its balance sheet several hundred million euros of debt related to its loss-making nickel subsidiary SLN in New... 


Mayur’s Orokolo Bay partner faces ‘sudden financial difficulties’
21st February 2024 By: Creamer Media Reporter

Australia-based Mayur Resources said on Wednesday that its partner in the Orokolo Bay vanadium, titanium and iron sands project, in Papua New Guinea, had pulled out, citing “sudden financial... 


Sibanye CEO Neal Froneman
Sibanye incurs $2.58bn in impairments on lower metals prices
21st February 2024 By: Tasneem Bulbulia

Multinational mining and metals processing group Sibanye-Stillwater has incurred impairments of $2.58-billion, or about R47.45-billion, for the 2023 financial year, on the back of the deterioration... 


First Quantum signs $500m copper deal with shareholder, says asset and stake sales progressing
First Quantum signs $500m copper deal with shareholder, says asset and stake sales progressing
21st February 2024 By: Mariaan Webb

Canada-headquartered First Quantum Minerals, which is facing a major challenge with the closure of its flagship Panama mine, is making progress with its balance sheet initiatives. These include,... 


Nickel woes worsen for Glencore-backed miner as budget jumps 87%
20th February 2024 By: Bloomberg

Glencore-backed Horizonte Minerals is warning that it needs a whole new financing package to restart a nickel project in northern Brazil after a review revealed the mine will cost 87% more than... 


US moves to restore stockpiling ‘panic button’ in EV metals fight with China
US moves to restore stockpiling ‘panic button’ in EV metals fight with China
20th February 2024 By: Bloomberg

Insiders liken it to a “panic button.” And for more than 80 years, the primary job of the National Defense Stockpile has been to keep the US military supplied with essential raw materials and... 


BHP is planning to shut down its Nickel West operations (pictured), attributing the decision to a significant decline in nickel prices.
Industry welcomes WA nickel royalty rebate as step in right direction
19th February 2024 By: Mariaan Webb

The announcement from the Western Australian government, to provide 50% royalty relief over 18 months, to nickel producers is welcome news to an industry under pressure, says the Association of... 


Rusal to add Abramovich to lawsuit against Potanin over nickel miner pact
19th February 2024 By: Reuters

Aluminium giant Rusal obtained permission by a London court on Friday to add Russian billionaire Roman Abramovich and his firm Crispian Investments as defendants in the case against Vladimir... 


An image of Sylvania Platinum CEO Jaco Prinsloo
Updated MRE for Sylvania’s Volspruit project shows improved grades
16th February 2024 By: Tasneem Bulbulia

Aim-listed Sylvania Platinum has announced the completion of a mineral resource estimate (MRE) update for its Volspruit project, located on the Northern Limb of the Bushveld Complex in South... 


Indonesia, Vale agree price for divestment plan, Minister says
16th February 2024 By: Reuters

Indonesia and Vale Base Metals have concluded negotiations and agreed in principle to a price for the portion of shares the miner will sell in its Indonesian unit INCO, the Mining Minister said on... 


Resources Minister Madeleine King
Australia places nickel on critical minerals list
16th February 2024 By: Mariaan Webb

Australian Resources Minister Madeleine King has placed nickel on the critical minerals list, giving companies in the beleaguered industry an opportunity to access billions of dollars in government... 


France offers loan to New Caledonia nickel firm Prony to avert collapse
France offers loan to New Caledonia nickel firm Prony to avert collapse
15th February 2024 By: Reuters

France has agreed to provide a €140-million loan to Prony Resources to avert the collapse of the New Caledonian nickel producer as Paris pursues negotiations to salvage the Pacific territory's... 


It is an uncertain time for the Western Australia nickel industry
BHP considers closing WA Nickel, flags impairments
15th February 2024 By: Mariaan Webb

Diversified mining major BHP is considering closing its Western Australia Nickel operations, amid the sharp fall in prices, the company announced on Thursday. BHP said it could place Nickel West... 


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pqt: 2.594s - ct: 10.572s - 112pq - 2rq
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