Reserves of high-grade nickel ore in top producer Indonesia may be depleted in around six years, a miners’ association has warned, risking shortages of the material used to make stainless steel.
Mining group Eramet on Thursday reduced sharply its forecast for nickel ore production from its flagship Indonesian mine this year, citing a slowdown in permit approvals.
Brazil-focused explorer Bravo Mining (TSXV: BRVO) shares surged on Monday after the company announced an initial resource estimate for its Luanga palladium-platinum-rhodium-gold-nickel project located in Pará state.