High nickel Price Opens Door for Sale of Mines
[Ferro-alloys.com] THE 37% surge in nickel this year means some of the world’s biggest metals companies may finally be able to sell as much as $14bn in unwanted mines they’ve held for years. |
Indonesian Export Ban Effects Appeared
[Ferro-Alloys.com]Since Jan.when Indonesia had started the export ban, nickel price had already increased by 60%. It could be seen that LME Nickel price had rose to USD21625/mt on May 13th while on Jan.9th it was just USD13334/mt. |
Vale to Continue New Caledonia Nickel plant
Global miner Vale does not have plans to shut its nickel operations in New Caledonia amid social unrest caused by an effluent spill, the company said to a local newspaper. |
Gateway Mining kicks off nickel-copper drilling at Gidgee, Western Australia
Gateway Mining (ASX:GML) has commenced a drilling program targeting volcanogenic massive sulphide copper mineralisation and intrusive related nickel-copper mineralisation at its Gidgee Project in Western Australia. |
Indonesian Chamber of Commerce Suggests China Enterprises Set Plant in Indonesia
On China-Indonesian Mining Conference on May 21st, President of the Chamber of Commerce in Indonesia said, it was basically unlikely to re-release ore export ban. |
Guangqing Nickel Starts Building 600,000-tpy Ferronickel Project in Indonesia
Guangqing Nickel Industry Co. started construction of its 600,000-tpy ferronickel project in Indonesia, Hexun.com reported May 2. |
Antam’s sales fall 35% on lower prices
Antam’s unaudited financial report published recently shows that its revenue fell by 34 percent to Rp 2.22 trillion (US$192.62 million) during the first three months of this year, from Rp 3.34 trillion recorded during the same period last year, when the compa... |
First Quantum Minerals Reports Results for Quarter 1, 2014
On May 1st,First Quantum Minerals Ltd. ("First Quantum" or "the Company") announced comparative net earnings(1) for the three months ended March 31, 2014 of $126.8 million or $0.22 per |
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