Vale’s plan to turn around $40 billion copper-nickel unit suffers fresh blow
The company's plan to turn around its copper and nickel-mining unit is taking longer than expected.
The company's plan to turn around its copper and nickel-mining unit is taking longer than expected.
Canada Nickel is currently advancing its Crawford project in Ontario, which is said to contain the fifth-largest nickel sulphide resource globally.
Nickel miner reported 12,567 tonnes of nickel matte output for the April-June period, down 16.5% from the same period last year.
During the first five months of the year, the global market was in a surplus of 16,100 tonnes.
Canadian company said it wants to focus on its core gold projects Fenelon and Martiniere, and is selling its Grasset and RUM projects in Quebec and its Sudbury and NW projects in Ontario.
Toronto, Canada, July 12, 2022 – Tartisan Nickel Corp. (CSE:TN; OTCQX:TTSRF; FSE:8TA) (“Tartisan”, or the “Company”) is pleased to announce the completion […]
Its after-tax net present value, using a 5% discount rate, is estimated at C$109 million, with an internal rate of return of 20%.
Fears of a recession are currently generating a much broader investor exodus from the commodity sector, writes Andy Home.
The man nicknamed ‘Big Shot’ is poised to walk away from the 2022 nickel fiasco with his company, Tsingshan Holding Group, intact and even expanding.
Potanin has said a tie-up could strengthen the companies' defences against any sanctions the West might impose on them.