Indonesian export ban to make many nickel mines viable again
Anton Berlin, head of marketing for Norilsk, says if prices rise above $20,000 a tonne on the back of Indonesia’s proposed ban on the export of ore, many idled mines can re-open.
Vale seeks nickel near Repulse Bay
Vale — the second largest nickel producer in the world — plans to begin looking for nickel this year on the Melville Peninsula near Repulse Bay, Nunavut.
Nickel mining in Philippines: provincial governor to be charged with murder of anti-mining activist
In January last year local radio broadcaster Gerry Ortega, who fought hard for a ban on mining on Palawan was slain and now the Philippines' Department of Justice asked for murder charges to be filed against former Palawan Governor Joel Reyes and four others in connection with his death.
ORE to triple nickel production
Publicly-listed Oriental Peninsula Resources Group Inc. (ORE) will triple production of its nickel mining unit this year as tight supply in the region has upped demand for this prized metal.
China Development Bank has $1 trillion to lend: Its investment arm is ‘very actively seeking’ nickel assets
Chinese firms have been snapping up copper, uranium, iron ore and coking coal assets around the world, but have yet to make a big splash in nickel.
Western Areas Completes the Acquisition of Kagara Nickel
The Board of Western Areas (TSX:WSA)(ASX:WSA) is pleased to announce formal completion of the acquisition of 100% of Kagara Nickel Pty Ltd ("Kagara Nickel") for A$68 million.
Vale sales drive pressures US nickel premiums
Domestic nickel premiums remain under pressure as Brazil’s Vale SA aggressively seeks orders after returning to full production.
Western Areas acquires 100% of Lounge Lizard and Kagara’s nickel assets
The Board of Western Areas is pleased to announce the Company has reached agreement with Kagara Limited ("KZL") to purchase 100% of Kagara Nickel Pty Ltd ("Kagara Nickel") including the high grade Lounge Lizard nickel deposit for A$68 million. The Lounge Lizard deposit is located adjacent to Western Areas' 100% owned Flying Fox nickel mine at the Forrestania Nickel Project.
Global nickel surplus may constrain stainless steel pricing
Surplus nickel and Chinese nickel pig iron production, may combine to lower nickel prices and keep stainless steel prices in check.
Union calls for criminal charges against Vale over nickel mine fatalities
A United Steelworkers investigation says Vale's Stobie nickel mine fatalities could have been avoided and has called on the Ontario Government to bring criminal charges against the company.
