LME cash nickel closed overnight at US$13,965 per tonne, while three-month nickel was at $14,000/t. Morgan Stanley said this week fundamental support was shaky for a nickel price of $14,000/t and warned the correction could be as equally as sharp as the lift. Barminco raises the bar ? Rs logo ? Barminco
(Adds data, updates prices) BEIJING, Feb 2 (Reuters) - Shanghai nickel rose on Friday to end a rollercoaster week on a high, as investors took up new
JOHANNESBURG (miningweekly.com) - The Long nickel mine, near Kambalda, Western Australia, is set for closure this year, Independence Group announced in its December quarter results. Mining will cease on May 31, after which the underground mine will enter care and maintenance. The Long mine produced 1 374 t
Independence managing director Peter Bradford told The Australian the company would instead step up exploration activity in and around Long in the hope of reopening the mine in the longer term. "The shift in the nickel price, which we have been expecting for some time and which we're finally seeing,
They are the key ingredients in batteries - and energy sources of the future - but I don't think the hype around needing better quality nickel is 'hype' at all; it's integral. Laterite nickel pig iron (NPI) is simply not as good as nickel sulfide for use in batteries; but of course it's the cheaper option. The problem is
Fuelling the rally over the past couple of days was First Quantum Minerals, which said its nickel output dropped 24 percent last year to 17,837 tonnes due to its Ravensthorpe mine in Australia being shut since September. Traders said the possibility of a force majeure at the Ambatovy nickel and cobalt mine
West Perth, WA / January 30, 2018 / JMN Wire / White Cliff Minerals Limited (ASX: WCN) ("White Cliff" or the "Company") is pleased to report that a review of existing exploration data from its 100%-owned Coronation Dam project, near Kookynie in Western Australia's north-eastern goldfields, has identified significant cobalt
Pan African Resources is looking at nickel and gold mining assets in Zimbabwe as the economy shows signs of opening to investors after decades of deterioration under former president Robert Mugabe. President Emmerson Mnangagwa has adopted a more business-friendly tone, suggesting that the 51%
St George Mining Ltd's (ASX:SGQ) drilling of nickel sulphide targets at the Windsor X3 prospect has indicated that a large mineralised system may be identified at depth. The project which is situated at St George's East Laverton Project in Western Australia has continued to provide high priority targets for
Toronto, Ontario (FSCwire) - Mustang Minerals Corp. (TSX-V: MUM) (" Mustang " or the "Company") announced that it has commenced an exploration program at its Makwa Nickel Property located in southeastern Manitoba. Exploration activities in this phase will consist of linecutting and geophysics. The Company recently
Jason Gigliotti president of Sienna states, "We are very pleased to receive approval for this exciting cobalt-nickel-copper prospect. Cobalt prices have just crossed fresh ten year highs, and we look forward to advancing this prospect. There are 12 historic mines on this property and with modern mining
Besides the high nickel and copper grades, hole EL-17-10 returned 0.19% cobalt, 4.3 /t palladium, 1.9 g/t platinum, 1.1 g/t gold, and 10.2 g/t silver. Garibaldi said that after review of the bore hole electromagnetic data, it believes there are two strong conductive ones, one below hole EL-17-14 and the other
Dr. Peter Lightfoot, technical adviser to Garibaldi and one of the world's leading experts in nickel sulphide deposits, commented: "The depth and lateral extent of nickel-copper-rich sulphide mineralization in the Discovery and Northwest zones is entirely open, creating a compelling combination of high
For example, in 2017, nickel prices shot up when the country shut down mines for environmental reasons. Prices then decreased some months later when the Philippines announced that the closures would cease and mining would resume. For those keen on nickel investing, these developments are key to
Fitzroy, Victoria / January 25, 2018 / JMN Wire / Golden Mile Resources (ASX: G88) ("Golden Mile" or "Company") is pleased to announce that resampling of the RC drilling program over the Quicksilver Nickel-Cobalt-Scandium project in the South-West Mineral Field of Western Australia continues to yield excellent nickel
Jason Gigliotti president of Sienna states, "We are very pleased to receive approval for this exciting cobalt-nickel-copper prospect. Cobalt prices have just crossed fresh ten year highs, and we look forward to advancing this prospect. There are 12 historic mines on this property and with modern mining approaches, we are
Nickel production, which started in 2017, was at 379,766 tonnes. Kone added that in 2017, Ivory Coast exported five shipments of diamonds worth 11,156 carats in total, earning $2.1 million. Ivory Coast, the world's top cocoa producer, is seeking to develop its long-neglected mining sector to diversify its
Corazon Mining Ltd (ASX:CZN) has received commitments from sophisticated and institutional investors to raise $3.4 million in funding through a share placement. The oversubscribed placement was supported by the company's major shareholder, Hanking Australia Investments Pty Ltd, who holds 11.54%
In mid-December, China made adjustments to import taxes on some nickel products that favour the production of electric vehicles. Starting from Jan. 1, the import tax on nickel sulphate - a key ingredient in lithium-ion batteries - was slashed to 2% from 5.5%, Wood Mackenzie says in a new report, while
Legend Mining Limited (ASX:LEG) has confirmed that its sampling methods provide an accurate indication of nickel, copper and cobalt mineralisation at the Rockford project in Western Australia's Fraser Range. The company has resampled 4 metre composite samples obtained from aircore drilling of two