Approval of the government of New Caledonia has authorized MKM company exporting low-grade laterite nickel ore to China. Due to international nickel prices continued to fall, resulting the government of New Caledonia has different opinion regarding nickel reso...
Diversified miner Sherritt International has increased its net loss by C$158.7-million during the third quarter ended September, as lower prices for nickel, cobalt and oil and gas products weighed on the bottom line.
It’s said that Jinchuan Group has been approved to set up a joint venture with Trafigura to build a seaport in Southwesten Guangxi province in order to cut costs of importing raw materials.
Embattled nickel miner Poseidon Nickel is considering a standalone gold facility at its Windarra project, in Western Australia, while nickel prices remain in the doldrums.
Nickel miner Western Areas has reported its highest quarterly output since the December 2013 quarter, as its Spotted Quoll mine, in Western Australia, achived record production in the quarter ended September 30.
Base metal mines dipping into the red are proving unexpectedly resilient against output cuts, which is likely to prolong and deepen already weak prices.
Operations at Glencore’s Nickel Rim South mine in Sudbury, Ontario were suspended until further notice for a second day on Wednesday after a worker was killed underground on Tuesday morning.