Sherritt International Corporation ("Sherritt" or the "Corporation") (TSX: S), a world leader in the mining and refining of nickel from lateritic ores, today reported its financial results for the three and six months ended June 30, 2015.

Metals developer Axiom Mining has raised 5 million dollars through a private share placement to fund the ongoing development of its Isabel nickel project, in the Solomon Islands.

Just four-five short years ago even the flimsiest prospect or project could look forward to lavish funding and a fat market cap. Today even those juniors doing the right thing at the right time still cannot attract investors to take it to the next level.

Canada-based First Quantum Minerals has started recommissional work at the Ravensthorpe nickel mine, in Western Australia.

Reuters reported that small Australian miners are being hit by the 30-percent nickel price slump that’s hit the market this year. Some have had to delay projects and expansions.

“Our philosophy is to test often, and if possible, to test in space (…) We are innovating on every level from design to launch,” Planetary Resources president and chief engineer, Chris Lewicki, said.

The Philippines nickel mining company Nickel Asia Corp. reported a 25% increase in its neciel ore output for the first six months compared to the same time a year ago.

Billions wiped from mining sector as gold, silver prices fall and copper, iron ore prices plummet to 2009 levels amid Chinese stock market collapse