Warning: Division by zero in /var/www/html/includes/classes/class.Pager.php on line 109
MiningWeekly.com | Mining Industry | Copper - Page 18
R/€ = 19.9794 Change: 0.1249
R/$ = 18.5554 Change: 0.0395
Au 1940.25 $/oz Change: -38.52
Pt 972.21 $/oz Change: -11.90

Nickel News

Two Tati project prospecting licences transferred into Power Metal’s Tati Greenstone Resources

By: Donna Slater     13th January 2022 LSE-listed mineral explorer Power Metal Resources reports that two prospecting licences (PLs) for its 100%-owned Tati project have now been successfully transferred into Tati Greenstone Resources (TGR) – a wholly-owned private Botswana-based subsidiary of Power Metal. On July 28, 2021, Power... 

Plan for decades of high commodity prices, BlackRock says

By: Bloomberg     13th January 2022 Commodities prices may stay high for decades as mining companies struggle to keep up with demand from the energy transition, according to BlackRock’s Evy Hambro. Raw materials, and shares of some companies that produce them, hit record highs last year as massive global stimulus measures... 

Nickel storms to 10-year peak on worries about supplies

By: Reuters     12th January 2022 Nickel prices surged to their highest in a decade on Wednesday as investors bet automakers will have to scramble to secure supplies for their electric vehicle batteries as inventories dwindle. Nickel was the top performer among industrial metals, which also rallied as worries eased about... 

Nickel storms to 10-year peak on worries about supplies

Formal launch of South Africa’s first green ammonia project on Tuesday  

By: Martin Creamer     12th January 2022 The formal launch of South Africa’s first green ammonia project takes place on Tuesday, against the background of the initiative having already secured an in-principle offtake agreement from a global player – a clear indication of the world’s ‘go green’ momentum. Hive Energy and BuiltAfrica –... 

Picture supplied by BuiltAfrica
BuiltAfrica chairperson Thulani Gcabashe interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer

Nickel prices soar to highest since 2014

By: Reuters     11th January 2022 Nickel prices touched their highest in more than seven years on Tuesday as global inventories pointed to solid demand while an outage at the London Metal Exchange (LME) hit trading. The overnight outage at the world's largest marketplace for industrial metals lasted five hours and hampered... 

Nickel ore

Nickel prices soar to highest since 2014

By: Reuters     11th January 2022 Nickel prices touched their highest in more than seven years on Tuesday as global inventories pointed to solid demand while an outage at the London Metal Exchange (LME) hit trading. The overnight outage at the world's largest marketplace for industrial metals lasted five hours and hampered... 

FPX Nickel appoints new principal geologist

By: Creamer Media Reporter      11th January 2022 Explorer and developer FPX Nickel has appointed Erin Wilson as its principal geologist to lead the exploration activities of the company’s projects, including the preliminary economic assessment-stage Decar nickel district in central British Columbia. Wilson was formerly the chief mine geologist... 

Haneti diamond drill programme mobilises

By: Tasneem Bulbulia     11th January 2022 Aim-listed Katoro Gold and Power Metal Resources have begun mobilisation for the diamond drill programme at their joint venture (JV) Haneti nickel project, in Tanzania. Katoro holds a 65% ownership interest in the project, with the balance held by Power Metal.  

Tesla to source nickel from Talon’s Minnesota mine

By: Mariaan Webb     11th January 2022 US-based electric vehicle producer Tesla has entered into an agreement to buy nickel from the Tamarack mine, a joint venture project between Toronto-listed Talon Metals and diversified major Rio Tinto. Tesla has committed to buy 75 000 t (165-million pounds) of nickel in concentrate from the... 

Tesla's battery factory in California
Tesla's battery factory in California

BHP invests in Tanzanian nickel project  

By: Esmarie Iannucci     10th January 2022 Diversified major BHP will make a $90-million investment into private firm Kabanga Nickel to accelerate the development of the Kabanga nickel project, in Tanzania. Kabanga Nickel on Monday announced an initial $40-million investment by the miner, will convert into an 8.9% equity stake in Kabanga... 

Image shows a generic nickel operation

Report states Bluejay Mining undervalued

By: Marleny Arnoldi     6th January 2022 A report produced by Independent Investment Research (IIR) states that Aim-listed Bluejay Mining is trading at a significantly discounted rate and that there is upside to its sum-of-the-parts valuation of $301-million as its projects progress with development. The company’s Dundas ilmenite... 

Nickel production to recover from pandemic impacts, Fitch Solutions says

By: Tasneem Bulbulia     6th January 2022 Reduced disruption to mining in Indonesia and the Philippines from the Covid-19 pandemic will drive strong growth in nickel ore production in 2022 and 2023, Fitch Solutions Country Risk and Industry Research says. It notes that the most significant driver of this growth will be a recovery in... 

Appian Capital appoints Danny Malchuk as senior adviser

By: Schalk Burger     6th January 2022 Private equity metals and mining investment advisory Appian Capital has appointed Danny Malchuk as a senior adviser, based in Santiago, Chile, to provide guidance during the sourcing, due diligence and execution process, with a focus on the Americas. “Danny is a great addition to Appian as we... 

Minerals Council backs State capture commission’s recommendations 

By: Martin Creamer     6th January 2022 Minerals Council South Africa on Thursday endorsed the recommendations of the first report of the Commission of Inquiry into State Capture. The Minerals Council said these recommendations, aimed at preventing endemic and corrosive corruption in organs of the state and within the private sector,... 

Supplied picture
Minerals Council South Africa CEO Roger Baxter

Startup Battery Resourcers plans Georgia recycling plant as demand surges

By: Bloomberg     6th January 2022 Startup Battery Resourcers plans to open a recycling plant for lithium-ion batteries in Georgia this year, as automakers shifting to electric cars drive up demand for the energy-storage devices. Battery Resourcers will invest $43-million in the facility and expects it to be fully operational in... 

Nickel Mines granted tax concession in Indonesia

By: Esmarie Iannucci     6th January 2022 ASX-listed Nickel Mines’ Indonesian subsidiary PT Angel Nickel Industry has been granted a ‘material’ corporate tax relief for its rotary kiln electric furnace (RKEF) project. Nickel Mines on Thursday told shareholders that the Minister of Finance of the Republic of Indonesia had granted Angel... 

American Manganese receives additional services, funding support

By: Schalk Burger     5th January 2022 Lithium-ion battery waste recycling and upcycling company American Manganese has received additional advisory services and funding support from the National Research Council of Canada Industrial Research Assistance Program (NRC IRAP) to support its ‘Demonstration of Continuous Recycling of... 

Australian exports flourish as project pipeline grows

By: Esmarie Iannucci     4th January 2022 Australia’s resource and energy export earnings are forecast to reach A$379-billion in 2021–22 as demand for coal and gas surges in the face of a global energy shortage, the December edition of the Resources and Energy Quarterly (REQ) found. The 2021-22 prediction was up from the A$310-billion... 

Wyloo advances Noront pursuit

By: Esmarie Iannucci     4th January 2022 TSX-V listed Noront Resources in December entered into a binding agreement with Andrew Forrest’s Wyloo Metals, after that company’s offer was tapped as a superior bid to mining major BHP’s bid for Noront. Wyloo in December abandoned talks with BHP around the major’s bid for Noront, and instead... 

Schummer resigns as Trevali COO

By: Creamer Media Reporter      17th December 2021 Vancouver-headquartered Trevali Mining’s COO David Schummer has resigned, citing personal reasons. In a short statement on Thursday, CEO Ricus Grimbeeck thanked Schummer for his contributions and wished him the best in his future endeavours. 

IGO to buy Western Areas for A$1.1bn in EV battery push

By: Reuters     16th December 2021 Australian nickel and lithium miner IGO will acquire nickel producer Western Areas in an all-cash deal valued at A$1.10-billion ($785-million), the companies said on Thursday. The deal follows IGO's $1.4-billion acquisition of a stake in Tianqi Lithium's Australian assets in June, as the company... 

IGO to buy Western Areas for A$1.1bn in EV battery push

Energy transitioning countries stand to attract major FDI investment, webinar hears 

By: Martin Creamer     15th December 2021 Countries that choose to transition into clean energy stand to attract major foreign direct investment (FDI) flows, as do companies that follow a clear pathway towards decarbonisation responsibly, a global webinar event has emphasised. The timing of the clean energy leapfrog by transitioning... 

Creamer Media screenshot
Wood Mackenzie Metals and Mining webinar covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

QPM in funding drive for TECH project

By: Esmarie Iannucci     15th December 2021 ASX-listed Queensland Pacific Metals (QPM) has announced a A$30-million capital raise and conditional finance support from Export Finance Australia (EFA) for up to A$250-million of debt funding for its TECH project, in Northern Queensland. QPM on Wednesday told shareholders that it would raise... 

Noront reviewing Wyloo transaction documents

By: Mariaan Webb     14th December 2021 Canadian nickel junior Noront Resources on Tuesday confirmed that it had received a nonbinding letter and related draft documents from Australian billionaire Andrew Forrest’s Wyloo Metals regarding a new takeover offer for the company. The documents outline, among other things, the terms and... 

Sibanye appoints Keliber chairperson as chief regional officer for Europe

By: Creamer Media Reporter      14th December 2021 Precious and battery metals producer Sibanye-Stillwater has appointed Finnish mining company Keliber's executive chairperson Mika Seitovirta as its chief regional officer for Europe. This is in line with the group’s growth strategy in battery and green metals, focused predominantly on the... 

BHP/Wyloo talks fail, with Wyloo launching a new bid for Noront

By: Esmarie Iannucci     13th December 2021 Mining magnate Andrew Forrest’s Wyloo Metals has abandoned talks with major BHP around nickel developer Noront Resources, instead launching an improved offer to acquire the TSX-V listed company. BHP in October trumped Wyloo’s C$0.70-a-share cash offer for Noront, by offering C$0.75 a share for... 

An image of Andrew Forrest
Andrew Forrest's Wyloo Metals has launched a new offer for Noront

South Africa urged to move quickly to capitalise on battery storage value chain opportunities 

By: Tasneem Bulbulia     9th December 2021 An ongoing study funded by the World Bank under the guiding leadership of mineral research organisation Mintek has found that there are considerable opportunities for South Africa in the battery storage value chain. The country, however, needs to move quickly to capitalise on these opportunities... 

A parking space for EV charging

Leading mining companies commit to contract transparency 

By: Martin Creamer     9th December 2021 Members of the International Council on Mining and Metals (ICMM) on Thursday announced their commitment to disclose all mineral development contracts from the start of January this year, wherever they operate, marking a significant step by about a third of the global mining and metals industry to... 

Picture supplied.
ICMM CEO Rohitesh Dhawan

Australia exploration at 7-year high on clean-energy metals push

By: Bloomberg     9th December 2021 The hunt for metals critical to the clean-energy transition has seen spending on minerals exploration in Australia surge by nearly a third in the September quarter to a seven-year high. Spending was A$877-million ($618-million) in the three months to September 30, up from A$666-million in the... 

Horizonte buys ferronickel processing equipment for Araguaia

By: Mariaan Webb     9th December 2021 Aim- and TSX-listed Horizonte Minerals has entered into an asset purchase agreement to buy certain new and unused ferronickel processing equipment for its Araguaia project, in Brazil. The company entered into an agreement with Companhia Brasileira de Alumínio (CBA), a company listed on the B3... 

Blackstone starts mining in Vietnam

By: Esmarie Iannucci     9th December 2021 ASX-listed Blackstone Minerals has restarted mining activities at the Ta Khoa nickel project, in Vietnam. “The recommencement of mining activity is an important milestone for the company, and the speed at which approvals were secured is a testament to the expertise and relationships our team has... 

Ivanhoe secures $300m in stream financing deals for Platreef mine  

By: Tasneem Bulbulia     8th December 2021 TSX-listed Ivanhoe Mines’ South African subsidiary, Ivanplats, has concluded stream financing agreements with Orion Mine Finance and Nomad Royalty Company for a $200-million gold streaming facility and a $100-million palladium and platinum streaming facility for its Platreef... 

An aerial image of Ivanplats' Platreef development, located in the Limpopo Province
BIRD'S EYE VIEW The proceeds of the financing agreements will be used to advance the first phase of Platreef’s mine development, with commercial production expected in 2024

Nickel Mines spends big on Oracle buy

By: Esmarie Iannucci     8th December 2021 ASX-listed Nickel Mines has inked a definitive agreement with partner Shanghai Decent Investment to acquire a 70% equity interest in the Oracle nickel project, in Indonesia. The agreement over the Oracle project followed a November memorandum of understanding (MoU). 

Specify energy transition action now, the money’s there for it, UN climate envoy urges  

By: Martin Creamer     7th December 2021 The energy transition is woefully under specified, the United Nations special envoy on climate change action and finance Mark Carney told a global webinar, in which he described the specifying of energy transition action as being “a matter of urgency”. Such specification, the webinar heard,... 

Picture from Reuters
UN Climate Action Finance Envoy Mark Carney covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Global nickel smelting rebounds as Sudbury operations restart

By: Reuters     6th December 2021 Global nickel smelting activity rebounded in November, powered by gains in North America and Europe, while refined copper production dipped, data from satellite surveillance showed on Monday. Nickel output climbed due to the restart of Vale's Sudbury smelter in Canada while the easing of a power... 

Glencore targeting recycling step change  

By: Martin Creamer     6th December 2021 The goals of the Paris Agreement on climate change are best achieved through the circular economy, says diversified mining and marketing company Glencore, which sees recycling as being a significant means for relieving the growing burden that global decarbonisation is set to place on finite raw... 

Picture supplied by Glencore
Glencore 2021 investor update covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Exploration debate highlights Nema challenge  

By: Martin Creamer     3rd December 2021 The withdrawal of a portion of the National Environmental Management Act (Nema) has created a major challenge for mineral exploration in South Africa, the Industrial Development Corporation (IDC) co-sponsored exploration webinar heard on Thursday. Taking part in the panel discussion under... 

Creamer Media image.
IDC co-sponsored webinar covered by Mining Weekly.

Australian exports surge despite Covid

By: Esmarie Iannucci     3rd December 2021 Despite a challenging 12 months, Australia’s resources and energy exports continue to surge, according to the latest trade data from the Australian Bureau of Statistics (ABS). Minister for Resources and Water Keith Pitt said the ABS’ International Trade in Goods and Services data for October... 

15 16 17 18
20 21 22 23
RSS Feed


Mining Weekly is a product of Creamer Media.

Other Creamer Media Products include:
Engineering News
Research Channel Africa

Read more


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


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