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Freeport to soon restart exports from Indonesia as gov’t offers tax cuts

After over six-month of heated debate over restrictions on mineral exports imposed by Indonesia in January, the newly elected government is offering mining companies in some tax cuts ton settle the dispute.

Monday, July 28, 2014

NICKEL ASIA 1H’14 SHIPMENT VOLUME 117% HIGHER IN VALUE

The Company’s four operating mines sold an aggregate 7.73 million wet metric tons (WMT) of nickel ore in the irst half of 2014 as compared to 5.54 million WMT in the same period last year, or an increase of 40%.The ...

Tuesday, July 22, 2014

Small miners pay export taxes as big ones aim to skirt

Amid the prolonged battle between the government and big miners over a policy to ban the export of raw mineral ore, two smaller miners have agreed to ship their raw ore overseas despite having to pay hefty export taxes.

Monday, July 21, 2014

Two proxy firms give boost to activist slate at miner Cliffs

Casablanca Capital LP said two independent proxy advisory firms have recommended shareholders of Cliffs Natural Resources Inc vote in favor of the hedge fund's bid to replace some of the members of the miner's board of directors.

Friday, July 18, 2014

Indonesia says could offer Newmont mine to Antam if output does not resume

Indonesia's government may offer Newmont Mining Corp's copper contract to state-owned Aneka Tambang (Antam) if the U.S. company does not quickly resume production, a government official said on Thursday.

Friday, July 18, 2014

Australia's Sirius says in talks to supply raw nickel to smelters

Australian miner Sirius Resources NL is in late-stage negotiations with a trio of major nickel smelters to supply up to 26,000 tonnes of nickel concentrate annually, its managing director said.

Thursday, July 17, 2014

Nickel explorer's shares jump on find

Shares in Sirius Resources have shot up by more than 10 per cent after it announced it has found more nickel in Western Australia.

Thursday, July 17, 2014

Australian Nickel Projects on Sale

Australian nickel projects, presumably deemed non-core businesses, by mining majors BHP Billiton, and Norilsk Nickel are either reportedly up for sale, or sales have been agreed, which will see some of the country’s nickel production, or potential output move...

Wednesday, July 9, 2014
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