Nickel failed to hold its strong start to Monday’s trading as its recent rally ended with a wider realisation that any restrictions on ore from the Philippines are years from being implemented.
Reuters reported that a Philippine bill seeking a halt to exports of unprocessed mineral ores has been approved at the committee stage in the lower chamber of Congress, one of two bills aimed at extracting more value from the country's mineral resources.
China’s Tsingshan Group expects to start production at its Indonesian nickel pig iron smelter as soon as January, becoming the second plant to ramp up since the country’s new mineral processing laws came into force at the start of the year.“
In 1H2014, nickel revenue of Norilsk Nickel declined 3% y-o-y to USD 2.1 billion. Though the average realized price recovered by 3% y-o-y, nickel sales revenue was negatively affected by a 4.5% y-o-y decrease in physical sales volume. Nickel remained the larg...
On Sep. 1st, the ferronickel project’s power plant invested by Guangdong Guangxin Holdings Group and Tsingshan Group in Indoensia started constructing.
Glencore’s ferro-nickel Falcondo mine’s fate in the Dominican Republic is more uncertain than ever as the country’s legislators approved this week a ruling that declares the region surrounding the mine a national park.
Among Largest 20 Nickel Sulphide Projects In World. Amur Minerals Corporation (“Amur” or the “Company”), the nickel copper exploration and development company focused on base metal projects located in the far east of Russia, is pleased to announce its upda...
BINDURA Nickel Corporation (BNC) says the setting-up of a smelter is imminent as the mining firm is now in advanced talks with government to attain permission for the restart of the plant.