CaNickel Mining (TSXV: CML) has granted Cobalt One Energy an option to purchase CaNickel’s Bucko Lake nickel project for C$80 million ($59m). The mine is located about 110 km southwest of Thompson, Manitoba, near the town of Wabowden.

Russian mining and metals giant Nornickel has raised its global nickel surplus estimate for the current year due to lower than expected consumption in the battery sector, the company said in a market report.

Plans to construct a state-of-the-art plant to produce ferroalloys in Ekibastuz, Pavlodar Region, with a production capacity of 80,000 tons of ferrosilicon annually, were announced during a Dec.

Explorer Premium Nickel has announced a C$20-milion equity and debt financing package, which will provide the company with sufficient funds to meet its business objectives and liquidity requirements for another year.

Indonesia has moved a step closer to the early retirement of the privately owned Cirebon-1 coal-fired power station, a milestone deal that could shutter the plant nearly seven years early and create a blueprint for others to follow.

Creamer Media editor Terence Creamer discusses ArcelorMittal South Africa's announcement that it may cut about 3 500 jobs as it plans to wind down its long-products business

The steel industry is the backbone of any economy, it forms the foundation of any modern economy and is essential to every single sector.

India's eight core industries, namely cement, coal, crude oil, electricity, fertilizers, natural gas, refinery products and steel, registered a 12.1 percent growth in October compared to the same month last year.