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The National Union of Mineworkers announced on Thursday that it had signed a three-year wage deal at the Nkomati Nickel mine, which is owned by Patrice Motsepe’s African Rainbow Minerals and Norilsk of Russia.

Despite a challenging price environment, nickel miner Western Areas has reported a 37.5% increase in net profits after tax for the year ended June, as costs were reduced and volumes increased.

Diversified marketing and mining major Glencore on Wednesday reported 29% lower first-half earnings of $4.6-billion on weaker commodity prices.

Australian nickel refiner Queensland Nickel has yet to fill its laterite ore quota from New Caledonian suppliers and was eager to increase volume as the South Pacific country faces preddure to lift a ban on exports to China.

Shares in mining and commodity trader giant Glencore (LON:GLEN) fell more than 9% Wednesday morning, hitting a fresh record low, after it revealed it has swung to a steep, half-year loss and disappointed investors over debt-reduction efforts.

Glencore Plc investor Harris Associates LP, one of the biggest shareholders in the commodity trader and miner, is betting this year’s worst performer on the U.K.’s benchmark stock index will recover.

Equitas Resources Corp. (TSXv: EQT) (FSE: T6UN) (“Equitas” or the “Company”) is pleased to announce that the Company has arranged a non-brokered private placement of up to 3,157,895 units (“Units”) of the Company at a price of $0.095 per Unit for gross p...

Takeover target Sirius Resources has inked a supply agreement with diversified major Glencore to supply nearly half of the planned nickel sulphide concentrate production from the Nova mine, in Western Australia.