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Nickel Asia Ships P12.3 B Worth of Nickel Ore in 9 Months
Philippines-Listed Nickel Asia Corp. saw a 40 percent drop in the value of its nickel ore shipments in the first nine months of the year despite a 12 percent increase in shipment volume. |
Nickel Prices Rebound Boosted by Speculation of Glencore Output Cuts
Nickel prices have rebounded after dropping to a near seven-year low last week, buoyed by market speculation that heavily indebted miner and trader Glencore Plc could curb output following cuts to its copper and zinc production. |
Western Areas to Cut 2016 CAPEX
Nickel miner Western Areas will defer nearly A$32.6-million in capital expenditure from 2016 to 2017 as it battles the sustained decline in nickel prices. |
Glencore Advances First Tranche of $30m Loan to PolyMet
TSX- and NYSE MKT-listed PolyMet Mining has received the first tranche of $6-million under a $30-million loan facility due on March 31, 2016, giving the project developer about $10.3-million working capital to advance its NorthMet copper/nickel/precious metals... |
BHP to Cut 37 Jobs at Kambalda Concentrator
Mining giant BHP Billiton will cut some 37 staff from its Kambalda concentrator, in Western Australia, as third-party providers cut ore supply. |
Panoramic Ups the Nickel Resource at Savannah
Nickel miner Panoramic Resources has lifted the resource of its Savannah project, in Western Australia, by 54400t. |
Western Areas Completes Cosmos Buy
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. |
Mincor Warns of Mothballing if Prices Don’t Improve
Nickel miner Mincor Resources has warned it may suspend operations at its Miitel and Mariners mines, in Western Australia. |
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