Republic of Mining » Nickel
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Our blog gives you an insight and updates about the mining industry. Republic Of Mining aims to build awareness among the media, the general public and political decision makers about the economic and social benefits of sustainable mining practices in the 21st Century.
Republic of Mining » Nickel
5d ago
https://www.reuters.com/ London, April 25 (Reuters) – Nickel has rallied hard this month, clawing back some of the territory lost during its relentless price slide over the course of 2023. London Metal Exchange (LME) three-month nickel touched $19,775 per metric ton on Monday, the highest it has traded since September last year. Last at $19,045 per ...
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Republic of Mining » Nickel
5d ago
https://thebarentsobserver.com/en/ War sanctions bite hard on Russia’s Arctic mining and metallurgical giant producing nickel and copper on the Kola Peninsula and in Norilsk. Vladimir Potanin, the main shareholder of mega-polluter Nornickel, admits in a remarkable statement with Kremlin’s information agency Interfax that Western sanctions reduces the company’s revenue by up to 20%. To circumnavigate sanctions, ...
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Republic of Mining » Nickel
1w ago
https://www.northernontariobusiness.com/ Hometown mine builder on a fast pace to put former INCO asset back into early production by year’s end Seventeen months after acquiring a dormant INCO nickel and copper mine in Sudbury, Magna Mining said it’s ready to begin test mining later this year. The hometown mine developer announced April 23 it has all ...
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Republic of Mining » Nickel
1w ago
https://www.mining-technology.com/ Miners in Australia are feeling the brunt of the global nickel price crash, from mine closures to forecast reductions and government intervention. How did things get so bad and is recovery possible? Annabel Cossins-Smith investigates. The global nickel market has been volatile for years now. The price rollercoaster of 2022 saw prices for the ...
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Republic of Mining » Nickel
1w ago
https://www.bnnbloomberg.ca/ (Bloomberg) — A little-known Australian company is becoming the Western face of a Chinese nickel behemoth. In under a decade, Nickel Industries Ltd. has gone from a relatively small miner to the world’s sixth-biggest producer of a metal used in products from batteries to stainless steel. Riding a Chinese-led boom in Indonesia’s nickel sector, ...
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Republic of Mining » Nickel
1w ago
https://www.theglobeandmail.com/ Deputy Prime Minister Chrystia Freeland says Canada and its allies are weighing taking trade action against China and Indonesia in the nickel market, as the two Asian countries tighten their collective grip in the critical mineral. Indonesia has gone from supplying 7 per cent of the global output of nickel to 55 per cent ...
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Republic of Mining » Nickel
1w ago
https://www.northernontariobusiness.com/ Aston Minerals endowed with both gold and nickel deposits at its Edleston Project A promising new nickel sulphide project in the Timmins area is growing in size and tonnage. Aston Minerals has released a new mineral estimate of its two deposits at its Edleston Project, showing a 44 per cent bump in the indicated ...
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Republic of Mining » Nickel
1w ago
https://www.xm.com/ This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine MOSCOW, April 16 (Reuters) -U.S. and British sanctions imposed on Russian nickel, copper and aluminium will further increase price volatility and supply uncertainty, Russian metals-producing giant Norilsk Nickel said on Tuesday. In their latest round of Ukraine-related ...
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Republic of Mining » Nickel
2w ago
https://www.bnnbloomberg.ca/ US and UK sanctions on Russian metals will cement China as Moscow’s buyer of last resort for key commodities, and enhance Shanghai’s role as a venue to set prices for materials crucial to the global economy. The London Metal Exchange’s ban on newly produced Russian aluminum, copper and nickel is likely to drive Chinese ...
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Republic of Mining » Nickel
2w ago
https://www.kitco.com/ (Kitco News) – Environmental, social, governance (ESG) initiatives are further delaying mining projects while critical metals are in high demand, creating tension within the mining industry, says Matt Watson, founder of Precious Metals Commodity Management LLC. The other problem is that metals necessary for the green transition are difficult to process, namely nickel, cobalt ...
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