Nickel Smelter Developers Shelve Indonesia Projects Amid Credit Squeeze

[Ferro-Alloys.com] Nickel smelter developers are putting projects on hold as they struggle to get financing with metal prices near their lowest in more than a decade, industry and government stakeholders said on Wednesday.

Thursday, November 19, 2015

Western Areas Suffers Power Cuts in Western Australia

[Ferro-Alloys.com] Nickel miner Western Areas has lost grid power to its Forrestania operations, in Western Australia, following a regional bush fire about 35 km from the mine site.

Thursday, November 19, 2015

Sumitomo Produced 42,478t Nickel in Q2 and Q3

[Ferro-Alloys.com] On November 10, Sumitomo Metal Mining Co., Ltd. announced its consolidated business results in the period from April to September in 2015.

Tuesday, November 17, 2015

Huge Impact' on Nickel and Hogs in Index Shuffle

Commodity prices have plunged this year amid supply gluts and ebbing demand from China, the biggest consumer of raw materials ranging from cotton to zinc. The S&P GSCI is down 18 per cent in 2015, and the Bloomberg Commodity Index has dropped 21 per cent to th...

Friday, November 13, 2015

Silver Swan Delivers Payload for Poseidon

ASX-listed Poseidon Nickel has reported an initial mineral resource of 13 000 t of contained nickel for its Silver Swan deposit, in Western Australia.

Thursday, November 12, 2015

Guangxi Yinyi Expected to Produce 15,000t Electrolytic Nickel in 2015

[Ferro-Alloys.com] Guangxi Yinyi Science and Technology Mine Metallurgy Co, Ltd, with a capacity of 20,000t electrolytic nickel, expected to produce 15,000t electrolytic nickel in 2015 compared to 11,000t last year.

Tuesday, November 10, 2015

Poseidon Renegotiates Convertible Notes

Nickel miner Poseidon Nickel has renegotiated its convertible notes, reducing the face value of the notes from $35-million to $17.5-million and extending the term of the notes by 42 months. The notes were originally issued in two tranches for a total face valu...

Friday, November 6, 2015

Nickel Miner Mirabela Reduces Staff Numbers

Embattled nickel miner Mirabela Nickel has cut nearly 34% of its staff numbers as the nickel price remains low.

Wednesday, November 4, 2015
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