Norilsk Nickel launches legal action against BCL over non-payment for African asset sale
A legal claims against BCL in the Botswanan courts and in the London Court of International Arbitration to recover the USD 271.3 million
A legal claims against BCL in the Botswanan courts and in the London Court of International Arbitration to recover the USD 271.3 million
Araguaia, which hosts a proven and probable mineral reserve of almost 25 million tonnes grading 1.77% nickel, is expected to begin production by 2019.
Despite increased demand for nickel, low profitability owing to the combination of persistently low prices and higher costs may result in project closures over the next five years, according to research and consulting firm GlobalData.
Finland's government decided Friday to grant new public funding for its troubled Talvivaara mine, cancelling a previous plan to permanently close what was once the European Union's biggest nickel mine.
The company behind Minnesota's first copper-nickel mine is putting its shoulder to the wheel of a project that has been over a decade in the making.
BMI predicts that in 2017 nickel prices will start to moderately decline, as the global market moves into 27.2 thousand tonnes surplus.
Botswana withdrew its decision to buy a 50 percent stake in South Africa’s Nkomati mine from GMK Norilsk Nickel PJSC because it can’t afford the price tag of just under 3 billion pula ($279 million).
Partial lifting of Indonesia ore ban could make up any potential Philippines export losses.
The commodity research teams at Macquarie and Barclays, however, are not as optimistic when it comes to potash, aluminum and steel.
The announcement sent global nickel prices up more than 1% on Tuesday.