Warning: Division by zero in /var/www/html/includes/classes/class.Pager.php on line 109
MiningWeekly.com | Mining Industry | Copper - Page 18
https://www.miningweekly.com
R/€ = 17.5506 Change: 0.0049
R/$ = 16.9198 Change: -0.0817
Au 1761.93 $/oz Change: 12.13
Pt 1018.00 $/oz Change: 12.00
 

Nickel News

Nornickel to negotiate settlement with fishery agency

By: Mariaan Webb     3rd September 2021 Palladium and nickel producer Nornickel has agreed with Russia's Federal Agency for Fishery (Rosrybolovstvo) to negotiate a potential settlement in kind of the claim filed by the agency against a subsidiary of the company. Rosrybolovstvo is claiming 58.7-billion ruble, about R805-million, for... 

Supplier keeps up with tech revolution

By: Halima Frost     3rd September 2021 Based on its BlueTechnology philosophy, metallurgical industry supplier SMS group has significantly broadened its expertise in processing, supplies and services for nonferrous metals production over the past year to meet the highest requirements of customers. “BlueTechnology in nonferrous metals... 

Three BlueSmelters supplied by SMS group in operation at Aurus automobile company in Russia for recycling of waste electrical and electronic equipment
BLUE GROUP SMS group has implemented its range of BlueTechnology offerings at a greenfield plant in Russia for the recycling of waste electrical and electronic equipment

EV push sees spike in 'ínfluencer conversations' about the issues - GlobalData

By: Tasneem Bulbulia     1st September 2021 As several countries have committed to bringing in cleaner fuelled cars in a bid to reduce dependency on fossil fuels, the demand for electric vehicles (EVs) is quickly gaining traction in automotive markets around the world. This shift towards electrification is also propelling mining and power... 

BHP stands behind its C$0.55-a-share Noront offer

By: Mariaan Webb     31st August 2021 The world’s biggest mining company BHP continues to stand behind its C$0.55-a-share offer for Canadian nickel explorer Noront Resource, but says it will consider its alternatives should a bona fide competing alternative transaction materialise. BHP chief development officer Johan van Jaarsveld... 

An image of an aeroplane landing on ice/snow.

Brazilian Nickel raises further $24.8m

By: Mariaan Webb     31st August 2021 UK-based Brazilian Nickel has completed a further equity raise of $24.8-million to fund the expansion of its existing PNP 1000 demonstration plant. PNP1000 is the initial, small scale commercial production project at the Piaui nickel project, in Brazil. The investment will be made in three... 

Silver Elephant spins out battery metals assets

By: Mariaan Webb     27th August 2021 Toronto-listed Silver Elephant Mining on Thursday announced a reorganisation of the company, spinning out its nickel and vanadium assets, as well as creating a separate battery metals royalty subsidiary. The Gibellini vanadium project, in Nevada, the Manitoba-based Minago nickel project and... 

Real-time ore analysis set for African market

By: Halima Frost     27th August 2021 Digital mining solutions provider MineSense is establishing offices in Africa and Europe to introduce its real-time ore analysis technologies to the African Copperbelt by the fourth quarter. “Once we have successfully introduced the technology to the upper Africa region, we intend on filtering... 

An image of a large red tracked front loader at the mine face with bucket full of ore ready to be graded by a ShovelSense system
Caption: GRADE EXPECTATIONS The new ShovelSense ore grading technology is expected to reach African shores before the end of the year

Testing facility expansion under way

27th August 2021 Swiss multinational metals and minerals trade commodities group SGS has seen a rising demand for testing services to meet client requirements and, to facilitate the needs of its clients, it announced the construction of its new, state-of-the-art laboratory in April this year. 

Staff at SGS Group standing in front of a site being constructed at its better testing facility in Spijkenisse near the Port of Rotterdam
BREAKING GROUND The new groundbreaking state-of -the-art facility being built by SGS Group will allow for better testing

Lower output puts strain on Western Areas

By: Esmarie Iannucci     24th August 2021 Nickel miner Western Areas on Tuesday reported lower earnings for the 2021 financial year ended June, on the back of decreased nickel production. Nickel production for the full year was down to 16 180 t, from the 20 926 t reported in the previous financial year, with sales volumes declining from... 

IDC in discussion on the introduction of an exploration fund – Demana   

By: Martin Creamer     23rd August 2021 The Industrial Development Corporation (IDC) is in discussion on the introduction of a fund to underpin much-needed exploration in South Africa. This was stated by Reginald Demana, the IDC’s head of mining and metals, infrastructure and energy, in a wide-ranging Zoom interview with Mining Weekly.... 

Reginald Demana picture from files
IDC Mining, Metals, Infrastructure & Energy Head Reginald Demana interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Nickel’s becoming a battleground for bets on battery future

By: Bloomberg     23rd August 2021 The race to supply automakers with nickel to power their batteries is pitting two of the biggest names in mining against each other. A company owned by Australian iron-ore billionaire Andrew Forrest signaled its refusal to back down after a proposal to buy Canadian nickel developer Noront... 

An image of Australian mining billionaire Andrew Forrest
Australian mining billionaire Andrew Forrest

Noront shuns Forrest, says Wyloo support not required for BHP bid to succeed

By: Mariaan Webb     20th August 2021 Takeover target Noront Resources on Friday reiterated its support for BHP’s bid to acquire the company, stating that shareholder Wyloo Metals’ support was not required for the offer to succeed. The Canadian company was responding to Wyloo’s statement on Thursday that it would not support BHP’s... 

An image of Noront's exploration camp in the Ring of Fire.

Madagascar mining minister resigns, citing online 'slander'

By: Reuters     20th August 2021 Madagascar's new mining minister Brice Randrianasolo resigned late on Thursday, citing online "slander" related to a legal case in which he was previously involved. The online criticism arose from charges of fraud Randrianasolo had faced in 2018 but were subsequently dismissed, he said in a... 

Wyloo takes a stake in Western Areas

By: Esmarie Iannucci     20th August 2021 Mining magnate Andrew Forrest’s Wyloo Metals has taken a 5.28% stake in nickel miner Western Areas, just a day after the company announced deal talks with fellow listed Independence Group (IGO). IGO and Western Areas earlier this week confirmed that they were in preliminary discussion in... 

An image of Andrew Forrest
Andrew Forrest

Wyloo to put up a fight for Noront

By: Mariaan Webb     20th August 2021 Australia’s Wyloo Metals is considering making a superior offer for Canada’s Noront Resources, whose Ring of Fire land package in Ontario late last month attracted a C$325-million offer from diversified major BHP. Wyloo, a unit of Australian mining magnate Andrew Forrest’s Tattarang investment... 

An image of an aeroplane on an exploration site in Ontario, Canada.

IGO/Western Areas confirm deal rumours

By: Esmarie Iannucci     19th August 2021 Nickel miner Western Areas on Thursday confirmed that it was in preliminary discussions with fellow listed Independence Group (IGO) in relation to a change of control proposal. IGO also confirmed the negotiations, but told shareholders that given the preliminary stage of these discussions, there... 

South Africa on verge of nice breakthroughs in hydrogen, says new SAIMM president  

By: Martin Creamer     17th August 2021 South Africa is on verge of nice breakthroughs in hydrogen, says newly elected Southern African Institute of Mining and Metallurgy (SAIMM) president Isabel Geldenhuys. Speaking to Mining Weekly in a Zoom interview, Geldenhuys expressed the view that all the big mines with big moving machinery... 

An image of new SAIMM president Isabel Geldenhuys
South African Institute of Mining and Metallurgy president Isabel Geldenhuys interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

EV makers eye bigger battery-metals role by inking mining deals

By: Bloomberg     17th August 2021 Electric vehicle (EV) makers are pushing for an intermediary role in mining to secure supplies of key battery metals, according to the head of Wheaton Precious Metals Corp. “We’ve had discussions on that and Tesla has definitely explored these options,” CEO Randy Smallwood said Friday in a phone... 

Wheaton Precious Metals CEO Randy Smallwood
Wheaton Precious Metals CEO Randy Smallwood

Kavango completes first KSZ borehole

By: Donna Slater     16th August 2021 Botswana-focused explorer Kavango Resources has successfully completed the first geological borehole drilling to a depth of 578 m in target area A (hole TA2DD001) in the Hukuntsi (northern) section of its Kalahari Suture Zone (KSZ) project. Following completion of Hole TA2DD001, Kavango has... 

Sumitomo develops rechargeable battery recycling technology

By: Reuters     16th August 2021 Japan's Sumitomo Metal Mining said on Monday it had developed a technology to recover nickel and cobalt from rechargeable batteries such as used lithium-ion-batteries (LIBs) that can be reused as raw materials for LIBs. Japan's biggest nickel smelter, which has been able to recover nickel and... 

Friendly South African face could quickly attract exploration investment – Bristow 

By: Martin Creamer     11th August 2021 South Africa looks a lot like the global gold mining industry in that it has not encouraged reinvestment in its mining industry’s future, says Barrick Gold president and CE Dr Mark Bristow. "In fact, if anything, South Africa has harvested what it received back in 1994," adds Bristow, a hugely... 

A picture of Mark Bristow, taken from quarterly Barrick presentation on August 9, 2021
Photo by Creamer Media
Barrick president and CE Dr Mark Bristow.

Ferrochrome is part of the green revolution – Glencore 

By: Martin Creamer     6th August 2021 Diversified mining and marketing company Glencore views the ferrochrome market as being particularly strong currently. “We've seen very healthy ferrochrome prices and good cash generation in that business,” Glencore CEO Gary Nagle said. 

An image showing wind turbines in Canada
Glencore, which uses wind turbine generated energy in Canada and Australia, is looking to also do so in South Africa.

Glencore top-up lifts planned shareholder returns to $2.8-billion 

By: Martin Creamer     5th August 2021 Diversified mining and marketing company Glencore on Thursday announced additional shareholder returns, comprising a $0.5-billion special cash distribution for payment in September and a $650-million share buyback to be completed by the release of full-year results next year. This overall top-up... 

A picture of Gary Nagle, who has taken over from Ivan Glasenberg as CEO of Glencore.
Glencore CEO Gary Nagle

Nornickel triples earnings as metals prices offset output dip

By: Reuters     5th August 2021 Russia's Nornickel reported a tripling of first-half core earnings to $5.7-billion, with higher global metals prices and low-base effect offsetting reduced nickel and copper output. Nornickel, the world's largest producer of palladium and a leading producer of nickel, was hit by lower output at... 

Nornickel triples earnings as metals prices offset output dip

Australia resource exports deliver new record

By: Esmarie Iannucci     5th August 2021 The Australian Bureau of Statistics (ABS) on Thursday announced a trade surplus of A$10.4-billion in June, up A$1.2-billion on the surplus recorded for May, while the resources sector has set new records for total export value and a range of mineral commodities in the 2020/21 financial year.... 

Image depicts a ship loading ore at the Port of Port Hedland

Sudbury staff to return to work next week

By: Bloomberg     4th August 2021 Vale, the world’s largest commercial producer of nickel, will start resuming operations at Sudbury in Canada after workers accepted a proposal to end a two-month strike. About 85% of members of USW Local 6500 voted in favour of Vale’s latest five-year contract offer, the union said. The two... 

Sudbury staff to return to work next week

Vale reaches tentative agreement with Sudbury nickel miners' union

By: Reuters     3rd August 2021 A union representing striking workers at Vale's nickel mine in Sudbury, Canada reached a tentative agreement to settle an ongoing labour dispute that saw 2 500 workers walk off their job on June 1, hitting the Brazilian miner's production. The five-year agreement, posted on the United... 

Vale reaches tentative agreement with Sudbury nickel miners' union

Blue Rhino Capital completes acquisition of Zebediela Nickel Company

By: Donna Slater     3rd August 2021 Aim-listed explorer and developer URU Metals reports that Blue Rhino Capital has completed the acquisition of the Zebediela Nickel Company – a wholly-owned subsidiary of URU. Blue Rhino has now changed its name to Zeb Nickel and will trade under the new Aim ticker symbol ZBNI upon resumption of... 

CATL's new sodium ion battery to help ease lithium shortages

By: Reuters     3rd August 2021 The development of a new sodium-ion battery by Chinese battery giant CATL is expected in the coming years to relieve pressure on lithium supplies, which are forecast to see shortages as early as 2022. As the world seeks to cut carbon emissions, partly by ramping up electric vehicle (EV) output,... 

BHP to take expansion decision at Mt Keith

By: Esmarie Iannucci     3rd August 2021 Mining major BHP is readying to take a final investment decision on the expansion at its Mt Keith concentrator, in Western Australia, at the end of the financial year. BHP Nickel West asset president Eduard Haegel told delegates at the Diggers & Dealers conference, in Kalgoorlie, that the... 

Image shows BHP's logo.

IGO open to more acquisitions

By: Esmarie Iannucci     2nd August 2021 ASX-listed Independence Group (IGO) is still open to nickel, copper and cobalt acquisitions, MD and CEO Peter Bradford said on Monday. Speaking on the sidelines of the Diggers & Dealers conference, he said that the company would evaluate potential acquisition opportunities on a range of... 

Poseidon sets A$25m raising target

By: Esmarie Iannucci     2nd August 2021 Nickel developer Poseidon Nickel on Monday unveiled a A$25-million capital raise to fund the start of operations at its Black Swan project, in Western Australia. The ASX-listed company has received commitments to place 200-million new shares, at a price of 11c each, to existing and new... 

Russia mulls pegging tax on mining firms to global metals prices - Interfax

By: Reuters     30th July 2021 Russia is considering pegging a mineral extraction tax (MET) levied on its metals producers to the global price of their products from 2022, the Interfax news agency reported on Friday, citing Deputy Finance Minister Alexei Sazanov. Moscow has been trying to protect its defence and construction... 

Sibanye advances battery metals strategy with acquisition of French nickel refinery  

By: Marleny Arnoldi     30th July 2021 Precious metals miner Sibanye-Stillwater has taken the next step in expanding its footprint in the battery metals sector by entering into an exclusive put option agreement with French mining group Eramet to acquire the Sandouville nickel hydrometallurgical processing facility, in France, for... 

Nickel ore

Western Areas unveils ten-year production plans

By: Esmarie Iannucci     30th July 2021 Nickel miner Western Areas has unveiled production plans for the next decade. In the 2022 financial year, the miner expects to produce between 16 000 t and 17 000 t of nickel in concentrate at unit costs of between A$4.25/lb and A$4.65/lb. 

BHP adds solar panels to nickel ops

By: Esmarie Iannucci     30th July 2021 Diversified miner BHP on Friday reported that it would build two solar farms and a battery storage system to help power the Mt Keith and Leinster nickel operations. The Northern Goldfields solar project would include a 27.4 MW solar farm at Mt Keith and a 10.7 MW solar farm and 10.1 MW battery... 

Anglo on trajectory towards becoming minerals solutions provider  

By: Martin Creamer     29th July 2021 Diversified mining and marketing company Anglo American, which shot the lights out on Thursday with the presentation of an all-time record set of half-year results, is on its way to becoming a minerals solutions provider rather than a digger of holes. The London- and Johannesburg-listed Anglo is... 

Picture for presentation of results July 2021
Anglo American results presentation covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer

World-beating Anglo reports record half-year earnings of $12.1bn 

By: Martin Creamer     29th July 2021 Diversified mining company Anglo American on Thursday reported a record half-year financial performance in its position as the best of the world’s top-five global mining companies. Anglo calculates that its elevated global position is poised to continue, assisted by its superior depth, breadth... 

Picture from Anglo American
Anglo American CEO Mark Cutifani
15 16 17 18
19
20 21 22 23
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
Subscribe Now
Free daily email newsletter Register Now