Toro Energy digs horns deeper into Dusty Nickel Project in WA

Mining and commodities giant Glencore (LON: GLEN) has offered PolyMet Mining (NYSE: PLM) (TSX: POM) to buy the company’s shares it does not already own for $2.11 in cash each, or about $71 million.

Nickel supply surplus over the next two years will keep nickel prices lower, according to the Australian government’s latest Resources and Energy quarterly report. The LME nickel price, which is forecast to average about USD23,000/mt in 2023, respectively USD...

Luhut Binsar Pandjaitan, Coordinating Minister of Maritime and Investment, is set to hold discussions with the International Monetary Fund (IMF) regarding the IMF’s request for Indonesia to reconsider its ban on nickel exports.

The Executive Board of the International Monetary Fund (IMF) asked the Indonesian government to lift the gradual ban on nickel exports. This was revealed in a release published on the IMF website on 25 June 2023.

Widgie Nickel’s Munda deposit has reported high grade nickel results through its recent drilling program.

Stillwater Critical Minerals (TSXV: PGE) has welcomed Glencore Canada as a major investor to help advance its portfolio of nickel exploration and development projects in North America.

The global nickel market had a surplus of 20,500 metric tons in April, compared with a deficit of 2,600 tons in the same month last year, data from the International Nickel Study Group (INSG) showed on June 21.