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.
Ukraine's exports of ferronickel in the first eight months of the year fell 6.1% year on year to 68,850 mt, down from 73,340 mt exported in the same period last year, the state statistics service said Tuesday.
The South African mining industry’s delicate make-or-break phase has been outlined by some of the sector’s leading lights who make it clear that only give-and-gain will prevent it from losing colossal value.