Australian nickel refinery workers sacked without entitlements

Hundreds of workers retrenched at Queensland Nickel’s (QN) Yaulu refinery remain in limbo, without jobs or entitlements, despite schemes being proposed by the owner, mining magnate Clive Palmer, and an investment group to eventually reopen the facility.

Wednesday, March 23, 2016

Norilsk Nickel: Generating Returns Despite Weak Commodities Prices

Norilsk Nickel (OTCPK:NILSY) believes that current nickel spot prices are not sustainable. The nickel market showed low price elasticity in 2015, with production cuts coming mostly from Chinese nickel pig iron producers and a number of mines operating at neg...

Thursday, March 17, 2016

Output cuts halt nickel price fall, more mine closures needed

Nickel's freefall may have halted as output cuts move the chronically oversupplied market towards deficit, but prices are unlikely to recover sharply unless more loss-making mines close.

Thursday, March 17, 2016

Norilsk Nickel: Lossmaking Miners Must Cut Nickel Output

The Financial Times reported that Pavel Fedorov, vice president of major nickel producer Norilsk Nickel (MCX:GMKN), has warned that nickel prices are unlikely to rise unless “lossmaking producers start to shut mines and close production.”

Tuesday, March 15, 2016

Palmer lists nickel demands

Clive Palmer's embattled north Queensland nickel refinery will only be saved if five demands are met, the businessman-turned-politician says.

Tuesday, March 15, 2016

Huge Minnesota Copper-Nickel Mine Clears Environmental Hurdle

Minnesota is on its way to developing its first copper-nickel mine, with the state's Department of Natural Resources deciding last week to approve a complex environmental analysis of the project.

Monday, March 7, 2016

Madagascar Mine Selects Wenco’s Fleet Management System

Diversified Canadian resources company Sherritt International has selected fleet management systems company Wenco to provide a fleet management system (FMS) for its Ambatovy nickel mine, in Madagascar.

Tuesday, March 1, 2016

Western Areas Swings to A$20m Half-Year Loss

The falling nickel price has pushed Western Areas into an after-tax net loss of A$20-million for the six months ended December, compared with a net profit of A$23.6-million in the previous corresponding period.

Tuesday, March 1, 2016
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