Nornickel says sees global nickel surplus of 150,000t in 2024-2025
The company said it expects the palladium market to reach balance in 2025.
Brazilian Nickel advances project financing with LOI for $550m
The funding represents 40% of the Piauí nickel project’s overall financing package.
New Caledonia nickel miner flags ‘fragile’ outlook after restart
Prony Resources warned that its Goro mine is economically vulnerable after a recent suspension due to unrest.
Canada Nickel hits high grades at Bannockburn site south of main Crawford project
Bannockburn, located about 20 km west of Matachewan in Ontario, is just north of Canada Nickel’s Midlothian and Sothman properties.
Mining People: M3 Metals, Nickel 28, Pasofino, Teck, Osisko Development
Key moves in the mining sector.
Nornickel’s largest investor Interros objects to Rusal lawsuit over dividends
Rusal first filed the lawsuit in 2022, alleging that Nornickel CEO Vladimir Potanin had violated their shareholder agreement.
Nornickel sees new technologies sustaining China’s palladium demand
Nornickel is testing several technologies in areas such as hydrogen production and water purification.
Ambatovy nickel project to complete debt restructuring in December, says Sumitomo
As of late October, the nickel and cobalt project was slowly resuming production.
Premium Resources shares jump on Botswana copper-nickel project initial resource
The resource estimate outlines 44.2 million inferred tonnes grading 0.3% copper and 0.24% nickel.
Indonesia curbing nickel supply to support locals, Eramet says
The French miner was this year given a sales quota by the Asian nation that was 29% less than it expected.
