Norilsk Nickel approves capex cuts for 2012
MMC Norilsk Nickel has announced that the company’s board of directors has approved a reduction in investment expenditure for 2012, as proposed by the management.
MMC Norilsk Nickel has announced that the company’s board of directors has approved a reduction in investment expenditure for 2012, as proposed by the management.
At the Russia Investment Summit, Norilsk Nickel CEO Vladimir Strzhalkovsky said the company looks to obtain licenses for platinum group metals deposits in South Africa to increase its resource base.
Diversified miner Xstrata (LON:XTA) announced Wednesday it is suspending operations at its Cosmos nickel mine in Western Australia, as nickel prices have plummeted dramatically.
Engineering, management and specialist technical services provider Aurecon is assisting with the power and electrical design work for the Ban Phuc Nickel Mine site and processing plant in Vietnam.
Russia's Polyus Gold and Norilsk Nickel have expressed interest in developing gold reserves in Kyrgyzstan, a Russian official said.
TOLEDO MINING Corp. Plc. completed eight shipments of nickel ore in the first half from output produced at a Palawan project, the […]
Royal Nickel (TSE:RNX) announced that the Ressources Québec, a resource investment arm run by the province, gave the company $12 million in return for 0.8% of the net smelter return of the Dumont Nickel Project.
Ample stocks of ore and metal in China, together with overcapacity outside China, means that the nickel market is unlikely to get particularly tight for the foreseeable future.
A wildcat strike by construction workers at Vale SA's Long Harbour nickel processing plant in Eastern Canada dragged into its fifth day on Monday, with hundreds of union members refusing to enter the job site in protest over wages.