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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... 


IEA executive director Fatih Birol
IEA to launch security programme for minerals critical to energy sector
14th February 2024 By: Reuters

The International Energy Agency (IEA) is launching a programme to secure the supply of minerals critical to energy security, as demand rises fast while manufacturing remains in the hands of a few... 


Nedbank CIB) Energy Finance Co-Head Amith Singh.
Power aggregators seen as key accelerators of South African mining’s energy transition
13th February 2024 By: Martin Creamer

Many energy projects selling to one buyer, who in turn sells to many mines – this procurement model is seen as a key financial tool to accelerate the energy transition of South Africa’s mining... 


Glencore to close, sell unprofitable New Caledonia nickel mines
Glencore to close, sell unprofitable New Caledonia nickel mines
12th February 2024 By: Mariaan Webb

The Koniambo Nickel SAS (KNS), a joint venture (JV) between Société Minière du Sud Pacifique SA and Glencore in New Caledonia, will transition into care and maintenance, it was announced on Monday.... 


Mining’s focus switching to critical minerals, with ESG pressures increasing
12th February 2024 By: Rebecca Campbell

The need to transform the global energy system and to cut carbon emissions, to counter the danger of climate change, is shifting the mining spotlight away from traditional high-value resources,... 


Anglo American projects and development director Alison Atkinson.
Anglo American, Finnish Minerals sign battery value chain agreement
12th February 2024 By: Schalk Burger

Mining multinational Anglo American and Finnish State-owned mining company Finnish Minerals Group have signed a memorandum of understanding (MoU) to explore opportunities to further support the... 


EU, US to align global minerals push against China’s supply grip
EU, US to align global minerals push against China’s supply grip
12th February 2024 By: Bloomberg

The US and the European Union are in talks to merge a core area of their efforts to engage suppliers of critical minerals in resource-rich nations, seeking to streamline their push against China’s... 


Minerals Council CEO Mzila Mthenjane flanked by Japie Fullard (left) and Dushendra Naidoo (right).
Permanent aerial mesh support, exoskeletons under scrutiny to make mining safer
9th February 2024 By: Martin Creamer

Minerals Council South Africa is looking at the possibility of promoting permanent aerial mesh support throughout the mining industry as part of its fall-of-ground action plan. The Minerals Council... 


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pqt: 0.357s - ct: 0.453s - 329pq - 2rq
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