Nickel miner Panoramic Resources has lifted the resource of its Savannah project, in Western Australia, by 54400t.

ASX-listed Western Areas has completed the A$24.5-million acquisition of the Cosmos nickel complex from diversified miner Glencore’s Xstrata Nickel Australasia Operations subsidiary.

Nickel miner Mincor Resources has warned it may suspend operations at its Miitel and Mariners mines, in Western Australia.

Nickel miners will need to continue their focus on cutting costs if they are to emerge from the low price environment ready to drive a new wave of exploration and development once prices improve, the Association of Mining and Exploration Companies says.

Glencore said on Tuesday it was strong enough to ride out current volatility in commodity market, helping to lift the mining group’s shares by a fifth.

Horizonte Minerals said on Monday that it had bought Glencore’s Araguaia nickel project in Brazil for $8-million.

ASX-listed Mirabela Nickel on Friday announced the appointment of administrators as tough market conditions persisted.

BHP Billiton yesterday released a new Economic contribution and payments to governments Report as part of its long-standing commitment to transparency and voluntary disclosure.