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Mining stoppage adds to Eramet’s New Caledonia woes
SLN is part of a struggling New Caledonian nickel industry that the French government is trying to salvage with a proposed rescue package. |
Lower iron, nickel and copper prices weigh on Vale's quarterly earnings
Brazilian miner Vale on Wednesday said lower prices for iron-ore, nickel and copper in the first quarter dragged down earnings compared to the year before, as it posted net profit slightly below analyst estimates. |
Nornickel cuts nickel production by 10% y/y in Q1
Russian metals giant Nornickel, the world’s largest palladium producer and a major producer of high-grade nickel, cut nickel production by 10% year on year in the first quarter to 42,000 metric tons, the company said on Monday. |
BHP nears decision on WA nickel
BHP is nearing a decision regarding its nickel operations in Western Australia. The company, which has been conducting a review of these assets since February, is expected to unveil its long-term strategy by August, CEO Mike Henry said on Thursday. |
Indonesia approves 152.6mn t of nickel mining quotas
Indonesia's government has approved a total of 152.62mn t nickel mining production quotas, also known as RKAB, so far this year, market participants told Argus. |
Vale's Production and Sales Report for 1Q24
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Vale's 1Q24 report was released. |
Aston Minerals ups nickel resource estimate by 44% at Boomerang in Ontario
Australian explorer Aston Minerals (ASX: ASO) has updated the JORC compliant indicated tonnage estimate at the Boomerang nickel-cobalt sulphide system by 44%. |
Horizonte Minerals fails to secure financing, considering mine sale
Shares of Glencore-backed Horizonte Minerals (AIM, TSX: HZM) plunged on Monday after the company announced it has failed to secure additional financing needed to complete the construction of its Araguaia nickel project in Brazil. |
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