Nickel Price Jumps on Manila Mining Crackdown
On Monday, nickel exchanged hands for $10,755 a tonne in London, the highest since mid-August last year and a 24% advance in 2016. |
Philippines & Indonesia: Mining Companies Face Increased Compliance Risks, Further Uncertainty
Both the Philippines and Indonesia are seeking to reinforce environmental regulations and increase revenues from the mining sector, compounding longer-term difficulties for mining operators in both countries. |
Rising Nickel and Zinc Imports Add Fuel To Bull Market
Nickel and Zinc are two base metals that every commodity investor is talking about right now. Both metals have benefited from a bull narrative of supply shortfall this year. |
Vale Iron Ore Output Falls in Second Quarter But Still Beats Estimates
Brazil’s Vale (NYSE:VALE), the world’s No.1 iron-ore producer, saw a slight decline in second-quarter output, but still managed to beat beat analysts’ estimates, keeping a new annual production record in sight. |
Mick Davis to overhaul X2 Resources as fund fails to close any mining deal
Mick Davis’ X2 Resources, the mining fund once touted as the driver of much-needed investment into the mining industry during the worst of the commodities price rout, is set to go under major changes after failing to close a single deal since launched in 2013... |
Botswana to keep unprofitable copper miner alive just to save jobs
Botswana's state-owned BCL, the country’s biggest copper and nickel miner, will continue to receive about $130 million (1.4 billion pula) a year, even if the company has to stop mining, the country’s vice president said. |
Philippines: Mining Operations in ARMM Suspended for Performance Audit
COTABATO CITY — The Department of Environment and Natural Resources (DENR) in the Autonomous Region in Muslim Mindanao (ARMM) has suspended all mining operations in the region in the wake of the conduct of performance audit on operating firms’ compliance wit... |
Cautiously optimistic about nickel price
Base metals have enjoyed a solid 2016 so far with only lead (-3%) in negative territory for the year. While the likes of zinc (+28%) and tin (+16%) have rallied and steelmaking raw materials iron ore (+24%) and coking coal (+12%) have come back strongly, nicke... |
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