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Nickel News

Group Ten changes name to Stillwater Critical Minerals

By: Mariaan Webb     10th June 2022 TSX-V-listed Group Ten Metals is rebranding to Stillwater Critical Minerals to reflect the potential its sees in the iconic and famously productive Stillwater mining district of the Montana, US. The company’s flagship project is the Stillwater west project, which hosts eight metals – nickel,... 

WA Supreme Court backs Mallee's play for Avebury

By: Esmarie Iannucci     10th June 2022 The Supreme Court of Western Australia has approved ASX-listed Mallee Resources' plans to acquire the Avebury nickel sulphide project, in Tasmania. Mallee earlier this year unveiled a deed of company arrangement (DOCA) to acquire Allegiance Mining, which has gone into receivership. Allegiance... 

Small remaining equity needed for restart of rich old copper mine in Northern Cape 

By: Martin Creamer     9th June 2022 A mine that produced some of South Africa’s best copper and zinc concentrates back in the day is capable of being brought back into production in 19 months after reconstruction go-ahead. Only a very little portion of equity is still required for the restart of the Prieska copper/zinc mine, which... 

Creamer Media screenshot
Where Orion Minerals is developing mines.

Vale moves closer to developing nickel sulphate operation in Canada

By: Reuters     9th June 2022 Brazilian miner Vale said on Thursday it had completed studies for potentially developing a nickel sulphide operation in Quebec, Canada, with annual capacity seen at 25 000 t. A final investment decision will depend on a number of additional factors including regulatory approval and needs from... 

Vale moves closer to developing nickel sulphate operation in Canada

S.Korea's LG Energy Solution launches nickel processing plants in Indonesia

By: Reuters     8th June 2022 South Korea's LG Energy Solution (LGES) on Wednesday broke ground on nickel processing plants in Indonesia, part of the company's $9.8-billion investment in the country to produce electric vehicle batteries. The company will build a $3.5-billion smelter with the capacity to produce 150 000 t of... 

Western Areas marks last day of share trading

By: Esmarie Iannucci     8th June 2022 The scheme of arrangement between nickel miner Western Areas and fellow-listed Independence Group (IGO) is now legally effective, after the Supreme Court of Western Australia backed IGO’s takeover bid, and the lodgement of the orders with the Australian Securities and Investment Commission... 

Increased efficiency cuts carbon, advances net-zero path, research finds  

By: Martin Creamer     8th June 2022 Like all other key industries, mining is having to advance along a net-zero path as part of the global decarbonisation drive. Gone are the days when innovation and financial improvement can be sold on their own without a carbon advantage. (Also watch attached Creamer Media video.) 

Creamer Media screenshot.
Rocsole CEO Mika Tienhaara interviewed by Mining Weekly's Martin Creamer. Video: Darlene Creamer.

Stronger China demand prospects propel copper to five-week peak

By: Reuters     6th June 2022  Copper prices climbed to five-week highs on Monday after the lifting of Covid-lockdowns in top consumer China boosted demand prospects while dwindling inventories provided further support. Benchmark copper on the London Metal Exchange (LME) was up 2.4% at $9 726 a tonne by 09:27 GMT, having... 

Biden keeps funds flowing to build US EV supply chain

By: Bloomberg     6th June 2022 President Joe Biden has taken lots of heat for stoking inflation with government spending. It’s not stopping him from keeping the spigot open to fund a domestic electric vehicle supply chain. The latest sum of support was tucked into the Ukraine aid bill that Biden signed into law late last... 

An image of US President Joe Biden
US President Joe Biden

London Metal Exchange sued for $456m by Elliott

By: Bloomberg     6th June 2022 The London Metal Exchange is being sued for $456 million over its decision to halt and undo trading in nickel after a short squeeze in March caused prices to sky rocket. The exchange is being sued by Elliott Associates, LP and Elliott International, LP in a case filed in the English High Court... 

Russian mine in Arctic evacuated after smoke reported, Nornickel says

By: Reuters     6th June 2022 Russian miners working at the Komsomolsky mine in the Arctic city of Norilsk were evacuated on Sunday after smoke was reported at the facility, its operator said. Metals giant Nornickel said no on had been injured in the incident, which is thought to have been caused by a defect in an... 

Circular economy prompting steel, oil, carbon recovery from end-of-life mine truck tyres  

By: Martin Creamer     6th June 2022 Highest and best use of ultra-large end-of-life mine truck tyres is being brought about by a change to the model in which resources are mined, made into products, and then become waste. Just one of these giant tyres can weigh 4.5 t and stand 14 feet tall. Put five of the 63-inch variety into a... 

Picture supplied.
Kal Tire’s Dan Allan speaks to Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Energy transition will require many times more metals than are currently mined

By: Darren Parker     3rd June 2022 Given the rate of population growth, a 10% penetration of electric vehicles (EVs) into the automotive market by 2030 would require the mining industry to produce about ten times more metals than what it currently produces, Rainbow Rare Earths CEO George Bennett has said. “Most people don't... 

Converter to be supplied to smelter

3rd June 2022 Metallurgical industry plant supplier SMS group has been selected to supply a Peirce-Smith Converter for converting nickel matte for the production of batteries to global nickel exporter Société de Nickel de Nouvelle Calédonie et Corée (SNNC) in South Korea. The supply will fast-track the... 

A group of gentlemen representing furnace component manufacturer and SMS group and nickle exporter SNNC holding a sign announcing the conclusion of their contract signing meeting
A GOOD SIGN The contract signing ceremony between SMS group and SNNC held earlier this year in South Korea

Supplier for Brazil ferronickel mine chosen

3rd June 2022 Industrial engineering and equipment multinational FLSmidth has been chosen as the supplier of the rotary kiln and rotary dryer for the Araguaia Niquel Metais ferronickel mine in the state of Pará in the northern region of Brazil. The order was booked in the first quarter of 2022 and is valued at... 

A large rotary kiln and drier system manufactured by FLSmidth is being delivered to the rAaguaia Niquel Metais ferronickel mine in Brazil
TURNING POINT The rotary kiln and drier supplied by FLSmidth is being delivered to the ferronickle mine in Brazil

Far-reaching JSE reforms highlighted at exploration-focused Junior Indaba 

By: Martin Creamer     1st June 2022 The June 1 launch of the JSE’s new Cutting Red Tape initiative to make listing on the JSE considerably easier, faster and more sustainable is twinning with JSE’s recent private placements inventiveness that provides for the raising of capital in the private market for minerals exploration and the... 

Picture supplied by JSE.
JSE head of origination and deals Sam Mokorosi.

Nordic Nickel starts trading on the ASX

By: Esmarie Iannucci     1st June 2022 Newly minted Nordic Nickel has started share trading on the ASX, following a A$12-million initial public offering (IPO). The company issued some 115.2-million shares during its IPO, at a price of 25c each. 

Sedibelo Platinum to play important part in South Africa’s green hydrogen effort – Frandsen  

By: Martin Creamer     31st May 2022 Sedibelo Platinum Mines, in South Africa’s North West province, will be playing a very important part in South Africa's green hydrogen effort to ensure that it contributes to a greener South Africa, chairperson Arne Frandsen assured Mining Weekly on Tuesday. Frandsen is the managing partner and... 

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Pallinghurst Group's Arne Frandsen interviewed by Mining Weekly's Martin Creamer. Video: Darlene Creamer.

IGO not expecting cost pressures to ease

By: Esmarie Iannucci     31st May 2022 Battery metals group Independence Group was not expecting cost pressures for the mining industry to ease in future, with CEO and MD Peter Bradford saying industry participants would instead have to adjust to a ‘new normal’. “We have taken a more simple approach [to cost predictions]. So... 

Workers walk out at Glencore’s Raglan nickel mine

By: Mariaan Webb     30th May 2022 Diversified miner Glencore has suspended production at its Raglan nickel and copper mine, in Quebec, after 630 unionised workers went on strike late on Friday night. The parties met on Friday in the presence of a mediator, without breaking an impasse in wage negotiations. Glencore it had tabled... 

An image of the Raglan mine, in Quebec.
The Raglan mine, in Quebec

Appian lodges $1.2bn compensation claim against Sibanye 

By: Mariaan Webb     30th May 2022 Private equity funds group Appian Capital Advisory has lodged a claim in the High Court of England and Wales seeking compensation from South Africa-based Sibanye-Stillwater, after the miner in January terminated a $1.2-billion transaction to buy Brazilian mining assets. Appian claimed that... 

Appian lodges $1.2bn compensation claim against Sibanye

Goldman says bull market in battery metals is finished for now

By: Bloomberg     30th May 2022 Goldman Sachs Group said the price of three key battery metals -- cobalt, lithium and nickel -- will drop over the next two years after investors wanting exposure to the green-energy transition piled in too quickly. “Investors are fully aware that battery metals will play a crucial role in the... 

Goldman says bull market in battery metals is finished for now

Botswana mining sector on the rebound

By: Halima Frost     27th May 2022 The Botswana mining sector is on the rebound, following the onset of the Covid-19 pandemic, as well as the sustained period of subdued commodities prices from 2015 to 2019, industry organisation Botswana Chamber of Mines CEO Charles Siwawa tells Mining Weekly. He adds that the rebound can be... 

A large uncut diamond on a bed of black kimberlite from a mine in Botswana
DIAMOND IN THE ROUGH The mining sector in Botswana holds great potential for investors according to the Botswana Chamber of Mines

South Africa must reform its regulatory environment, make itself investor-friendly – simple  

By: Martin Creamer     26th May 2022 South Africa must reform its regulatory environment and make itself investor-friendly – simple. That is the straight-forward view of Dr Mathews Phosa, who was speaking to Mining Weekly in his capacity as the non-executive vice-chairperson of the high-flying Jubilee Metals Group plc, a London Aim-... 

Picture supplied
Jubilee's Dr Mathews Phosa interviewed by Mining Weekly's Martin Creamer. Video: Darlene Creamer.

Hydrogen can be stored in existing fossil fuel infrastructure for years, world webinar hears  

By: Martin Creamer     26th May 2022 Hydrogen can be stored in existing fossil fuel infrastructure for years if need be, giving it the potential to become a universal energy carrier in the same way as oil is now but without the environmental impact, World Hydrogen Leaders webinar heard this week. Allowing hydrogen to make use of... 

Picture provided.
Hydrogenious LOHC Technologies strategy and implementation head Dr Andreas Lehmann.

Platinum-boosted South African hydrogen electrolyser leaps ahead   

By: Martin Creamer     25th May 2022 The proof-of-concept of the platinum group metals-boosted advanced alkaline electrolyser – the AAE ­– has been successfully completed by Hydrox Holdings of Randburg in a pioneering achievement that offers the potential for South Africa to enter the fray as world demand for hydrogen electrolysers... 

Creamer Media photographer.
Hydrox CEO Corrie de Jager interviewed by Mining Weekly’s Martin Creamer.

Severe global battery shortage likely post 2025, GlobalData forecasts

By: Schalk Burger     25th May 2022 Extraction of raw materials will not meet soaring battery demand unless capital markets change course in the face of environmental, social and governance pressures and invest heavily in new mines, says business data and analytics company GlobalData in its 'Batteries – Thematic Research' report.... 

Glencore settles most bribery, manipulation investigations 

By: Martin Creamer     25th May 2022 Diversified mining and marketing company Glencore on Wednesday announced the settlement of most of its bribery and market manipulation investigations. This follows almost four years of investigations and a serious environmental social and governance (ESG) overhang over the group, 

Picture supplied
Glencore CEO Gary Nagle.

European Lithium makes a play for Avebury

By: Esmarie Iannucci     23rd May 2022 ASX-listed European Lithium has thrown a potential A$125-million spanner in fellow listed Mallee Resources’ plans to acquire the Avebury nickel sulphide project, in Tasmania. Mallee earlier this year unveiled a deed of company arrangement (DOCA) to acquire Allegiance Mining, which has gone into... 

Copper miner ranked sixth-largest producer globally

20th May 2022 TSE-listed global metals and mining company First Quantum Mineral (FQM), which operates the Kansanshi mine and smelter, in Solwezi, and the Sentinel mine, in Kalumbila, in Zambia’s North-Western province, has been ranked the sixth-largest copper producer in the world. Mining commodities data... 

An image of the Sentinel mine
Photo by First Quantum Minerals
CURTAILED COPPER CROP Sentinel’s copper production of 52 475 t for the first quarter of this year was 7 722 t lower than the fourth quarter of 2021, while Kansanshi’s copper production of 41 899 t was about 10 000 t lower

Cobalt development an exciting prospect

By: Tracy Hancock     20th May 2022 While copper is still the main commodity driving reagent demand in Zambia, mining reagent manufacturer and supplier Axis House MD Justine Stubbs is also excited by the prospects presented by the country’s largely unexplored and unexploited cobalt reserves. Along with copper, of which Zambia is... 

An image of Axis House's laboratory with a chemical reaction occurring in the foreground
MARKET DEMANDS There has been a big drive to reduce the hazardous nature of reagents

Significant infrastructure agreement signed

20th May 2022 Project management firm GED Africa, the Democratic Republic of Congo (DRC) Ministry of Infrastructure, and DRC building firm Agence Congolaise des Grands Travaux finalised the 25-year concession agreement (CA) outlining the infrastructure development requirements of the DRC segment of the GED... 

An image of GED Africa Tamás Jászberényi and DRC Infrastructure Minister Gizaro Muvuni Alexis shaking hands during the signing ceremony
ROUTE TO DEVELOPMENT The signing of the concession agreement between GED Africa and DRC Ministry of Infrastructure is a step towards creating trading links to Zambia and the international Port of Dar es Salaam to support sectoral development in mining and agriculture

Critical mineral demand of order of magnitude never seen – Sheila Khama  

By: Martin Creamer     19th May 2022 "My genuine sense is that we are going to see a growth in the mining sector of an order of magnitude we haven't seen. I also think that we're going to find that the need for minerals is going to force the world to think that if we can't get minerals on our shore, where else do we get them from? 

Picture supplied
Mining stalwart Sheila Khama spoke to Mining Weekly’s Martin Creamer on critical metals. Video: Darlene Creamer.

Talon announces drill record at Minnesota nickel project

By: Creamer Media Reporter      19th May 2022 Toronto-listed Talon Metals has announced a new record at the Tamarack nickel project, in Minnesota, with 23.44 m of massive sulphide nickel and copper mineralisation. The record drill forms part of 26 new drill holes results that Talon reported on Wednesday.  All the new holes have intercepted... 

Collaboration needed to make South African mining globally competitive again – CSIR 

By: Martin Creamer     18th May 2022 Concern about mineral resource scarcity is widespread and, at the same time, many countries, such as Australia, Canada and China, are investing significantly in strengthening their mining-related research, development and innovation (RDI) capabilities. “This makes cost and differentiation... 

Picture supplied.
CSIR CEO Dr Thulani Dlamini

Nickel Mines starts commissioning of fourth line

By: Esmarie Iannucci     16th May 2022 ASX-listed Nickel Mines has started commissioning the fourth rotary kiln electric furnace (RKEF) line at its 80%-held Angel Nickel project, in Indonesia. Each of Angel’s RKEF lines has a nameplate capacity of 9 000 t/y of nickel metal, equating to 750 t of nickel metal per month. 

Musk considers Indonesia trip to explore possible investments

By: Bloomberg     16th May 2022 Elon Musk, the world’s richest person, is considering a visit to Indonesia to explore investment opportunities in the resource-rich Southeast Asia country. The chief executive officer of Tesla and SpaceX met with Indonesian President Joko Widodo at the rocket manufacturer’s site in Boca Chica,... 

Nornickel is first Russian firm to get OK to keep listing abroad

By: Reuters     13th May 2022 Metals giant Nornickel has become the first Russian company to be granted permission by a government commission to keep its listing abroad - for one year for now. Nornickel, the world's largest producer of palladium and refined nickel, and other large Russia-registered firms have sought... 

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