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Alleged $60m nickel fraudster can’t pay his legal bills
20th March 2024 By: Bloomberg

The businessman at the center of an alleged $600-million nickel fraud is struggling to pay £330 000 in legal fees, in a sign that his finances are under increasing strain. Prateek Gupta was last... 


Menar MD Vuslat Bayoglu.
RBCT, TFR show that private-public collaboration can work very well – Menar
19th March 2024 By: Martin Creamer

The private-sector’s Richards Bay Coal Terminal (RBCT) and the State’s Transnet Freight Rail (TFR) have shown that the private sector and State-owned entities can work together very well, Menar MD... 


Canada Nickel makes new discovery at Newmarket, best interval to date at Reid
19th March 2024 By: Creamer Media Reporter

TSX-V-listed Canada Nickel Company has announced positive initial assay results from its 2024 exploration programme, including the first two holes at the Newmarket property and results from the... 


US Deputy Treasury Secretary Wally Adeyemo
Top treasury official stresses US ambitions for Africa’s metals
19th March 2024 By: Bloomberg

US Deputy Treasury Secretary Wally Adeyemo used a five-day trip to South Africa to advertise his country’s ambitions of securing supplies of the metals needed for the global energy transition –... 


Leadership transition at Poseidon Nickel
Leadership transition at Poseidon Nickel
19th March 2024 By: Creamer Media Reporter

Having overseen the proposed sale of the Lake Johnston assets and implemented substantial cost-saving initiatives, CEO Craig Jones is departing Poisedon Nickel. “With the divestment of Lake... 


Indonesia says nickel miner Vale to build another $2bn HPAL plant
18th March 2024 By: Reuters

Nickel miner PT Vale Indonesia is exploring a potential investment in a high-pressure acid leaching plant in Sulawesi island, with an estimated cost of 30-trillion rupiah ($1.91-billion), its... 


MinRes to develop a lithium processing hub in Goldfields region
MinRes to develop a lithium processing hub in Goldfields region
18th March 2024 By: Reuters

Australia's Mineral Resources said on Monday it intends to develop a lithium processing hub in the Goldfields region of Western Australia after its buyout of Poseidon Nickel's Lake Johnston nickel... 


BHP CEO Mike Henry
BHP cuts contractors at Australian nickel project amid price slump
18th March 2024 By: Reuters

BHP Group said on Monday some contractors at its West Musgrave nickel and copper project in Western Australia had left its operations as the global miner assesses whether it will put its nickel... 


Wyloo says industry will turn from LME without green nickel
14th March 2024 By: Reuters

Nickel miner Wyloo, owned by Australian mining magnate Andrew Forrest, said that if the London Metal Exchange (LME) doesn't launch a green nickel contract, the industry will have to look for... 


Amid nickel glut, Indonesia's next President vows to keep 'downstreaming' policy
13th March 2024 By: Reuters

Indonesia's incoming president, Prabowo Subianto, has pledged to continue predecessor Joko Widodo's nickel "downstreaming" policy but faces the task of reducing oversupply while pushing to... 


African Rainbow Minerals Executive Chairperson Dr Patrice Motsepe.
Right things are being done with Transnet, right things will be done with Eskom – Motsepe
12th March 2024 By: Martin Creamer

Dr Patrice Motsepe, the founder and chairperson of diversified mining company African Rainbow Minerals (ARM), has expressed confidence in the direction being taken by South Africa’s State transport... 


African Rainbow Minerals (ARM) CEO Phillip Tobias.
ARM CEO commends workforce for heeding clarion call to improve volume, cost, grade
11th March 2024 By: Martin Creamer

Full ownership and execution of factors that are within management’s control are being elevated to the highest possible level by African Rainbow Minerals (ARM) CEO Phillip Tobias. ARM has sharpened... 


Receivers appointed for Panoramic Resources property
Receivers appointed for Panoramic Resources property
11th March 2024 By: Creamer Media Reporter

FTI Consulting, acting as voluntary administrators for Panoramic Resources, announced Monday the appointment of Thomas Birch and Jeremy Nipps of Cor Cordis as receivers and managers for specific... 


African Rainbow Minerals Executive Chairperson Dr Patrice Motsepe.
We are committed to confronting climate change – ARM
8th March 2024 By: Martin Creamer

African Rainbow Minerals (ARM) executive chairperson Dr Patrice Motsepe said during Friday’s presentation of dividend-yielding results that his diversified mining company is committed to... 


ARM Executive Chairperson Dr Patrice Motsepe.
ARM declares interim dividend from robust net cash position
8th March 2024 By: Martin Creamer

Diversified mining company African Rainbow Minerals (ARM) on Friday declared an interim dividend for the six months ended December 31, when ARM had net cash of R7.9-billion. The interim dividend of... 


Metals offer lukewarm reaction to China's economic targets
6th March 2024 By: Bloomberg

Base metals drifted lower as traders assessed China’s 2024 economic goals for clues on the prospects for a significant rebound in the construction sector. Industrial commodities have struggled... 


Sibanye-Stillwater CEO Neal Froneman
Sibanye-Stillwater highlights its full confidence in price-hit platinum group metals
5th March 2024 By: Martin Creamer

While the operating environment remains challenging, with macro-economic and geo-political uncertainty persisting, the medium- to long-term view of Sibanye-Stillwater remains largely unchanged on... 


Indonesia aims to finish mining output quotas approval by end-March, official says
5th March 2024 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
5th March 2024 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... 


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