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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

Mincor Unveils Growth Strategy As It Waits for Nickel Price Recovery

Nickel firm Mincor Resources on Thursday revealed a two-pronged growth strategy which would take advantage of the current high gold price and a future recovery in the nickel price. The miner, which suspended operations at its Mariners and Miitel mines, in West...

Thursday, March 10, 2016

New Caledonia May Allow Nickel Exports to China as Price Tumbles

New Caledonia is weighing lifting restrictions on the sale of nickel ore to China as world prices for the metal tumble and the future of a key Australian customer is in doubt. New Caledonia has long resisted selling ore directly to large consuming countries su...

Thursday, March 10, 2016

Palmer Resumes Management Control of Embattled Queensland Refinery

Palmer Resumes Management Control of Embattled Queensland Refinery

Tuesday, March 8, 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

Ontario Geological Survey Turns 125

The Ontario government on Sunday celebrated the 125th anniversary of establishing the Ontario Geological Survey (OGS), celebrating the agency’s accomplishments that had helped document the geology of the province and provide modern, independent and credible g...

Monday, March 7, 2016

Clive Palmer's Queensland Nickel begins closing temporarily over lack of ore

Clive Palmer's Queensland Nickel has begun shutting down temporarily because of a lack of ore to process.

Wednesday, March 2, 2016

Vale Posts Record Loss to Sell Core Assets

Brazil’s mining giant Vale (NYSE:VALE) reported Thursday its deepest quarterly net loss ever, becoming at the same time the first of the three largest iron ore producers to put some of its core assets up for sale.

Wednesday, March 2, 2016
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