Indonesia considers terminating permits for some nickel pig iron production

The Indonesian government is conducting a comprehensive evaluation regarding the termination of permits for the RKEF smelters which make products in the form of ferronickel and nickel pig iron, a mining ministry official said on Tuesday.

Wednesday, June 12, 2024

Premium Nickel upsizes Botswana financing to $20 million

Premium Nickel Resources (TSXV: PNRL) has upsized its non-brokered equity financing to C$27.5 million ($20m) to be spent at its projects in Botswana. The financing was originally announced on June 5 for C$15 million ($10.9m).

Tuesday, June 11, 2024

Indonesia issues annual nickel ore quota of 240mt for 3 years

Indonesia has issued an annual nickel ore output quota of around 240 million metric tons for the next three years, its Energy and Mineral Resources Minister Arifin Tasrif said on Friday.

Tuesday, June 11, 2024

PT Shuoshi Indonesia Investment successfully conducts first export of ferronickel to China

PT Shuoshi Indonesia Investment, a company based in Morowali Regency, successfully completed its first export of ferronickel to Zhapu, China.

Friday, June 7, 2024

Magna reaches deal with Glencore to treat surface bulk sample

Magna Mining (TSXV: NICU) and Glencore Canada have signed an agreement to treat ore from the Crean Hill nickel-copper surface bulk sample of the 109 footwall at Glencore’s Strathcona mill in Sudbury, Ontario.

Wednesday, June 5, 2024

Nornickel cut global nickel oversupply forecast

In 2024, Nornickel expect the nickel market to sustain a surplus of around 100 kt Ni (vs 190+ kt forecasted for the year in the previous issue of our report), with the most of it still represented by low-grade nickel.

Monday, June 3, 2024

Alaska Energy Metals expands footprint in Canada with Québec acquisition

Alaska Energy Metals (TSXV: AEMC) last week announced its intent to acquire 100% interest in the 3,320-hectare Bambino nickel-copper- platinum group element property in Québec, expanding its footprint in the province, which has become an exploration hotbed for...

Monday, June 3, 2024

Zimbabwe Set to Construct US$13bn Mapinga Mines to Energy Industrial Park in June

In a significant move to harness the benefits of the green revolution, the Zimbabwean government has announced that construction for Phase 1 of the Mapinga Mines to Energy Industrial Park will commence in June.

Friday, May 31, 2024
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