Explorer Premium Nickel has announced a C$20-milion equity and debt financing package, which will provide the company with sufficient funds to meet its business objectives and liquidity requirements for another year.
France is seeking an agreement by the end of January to salvage New Caledonia's nickel industry, which has been hobbled by political tensions and high energy costs, Economy Minister Bruno Le Maire said on Monday.
Russia’s Nornickel will pay $18 million to pass its 50% stake in Nkomati nickel mine in South Africa to its partner African Rainbow Minerals (ARM), ARM said on Friday, ending years of Nornickel’s attempts to exit Africa.
Global commodity trader Trafigura on Friday said it has signed a $140 million investment agreement with Korea Zinc to build an all-in-one nickel refinery in Ulsan, South Korea, and finance its initial working capital.
Panoramic Resources (ASX: PAN) has launched a strategic review of its flagship Savannah nickel project, in the Kimberley region of Western Australia, amid weak battery metal prices.