Hong Kong-listed mining and metals company MMG said on Monday that the European Commission had extended the review of its deal to purchase Anglo-American's nickel business in Brazil.
Australian metals miner Alliance Nickel said on Friday that automaker Stellantis had terminated its binding offtake agreement for nickel and cobalt from the NiWest project in Western Australia, citing missed contractual milestones linked to challenging market conditions.
Chinese-owned mining firm MMG’s $500-million purchase of Anglo American's Brazilian nickel business has been hit by an in-depth European Union probe after regulators warned that the deal threatens the bloc’s stainless-steel industry.
South Africa’s Department of Mineral and Petroleum Resources (DMPR) has granted and executed a mining right in favour of Lesego Platinum Uitloop – the project company for London-listed URU Metals’ Zeb nickel project, located on the northern limb of the Bushveld Complex.
Base metals company Pacific Nickel Mines has agreed to sell its Solomon Islands subsidiaries, including the Kolosori nickel project, to Green Rock for a nominal price of A$1, exiting the operation amid weak nickel market conditions.
Australian diversified miner South32 is closely watching alumina developments in Indonesia to see whether they will drag down prices in the global market the same way its nickel industry has, CEO Graham Kerr said on Thursday.
Nickel ore shipments to Indonesia from the Philippines are expected to surge this year to meet demand from Chinese-owned refineries affected by Jakarta’s curbs on domestic production, according to the head of a Philippine miner.
URU Metals has confirmed the presence of thicker, higher-grade nickel/copper/platinum group metals horizons beneath the historic openpit resource of the Zeb nickel project, in South Africa’s Limpopo province.
Diversified mining company South32 on Monday announced a binding agreement to divest its Cerro Matoso operation to a subsidiary of CoreX Holding, as part of a strategic response to structural changes in the global nickel market.
Gold and antimony project developer Perpetua Resources said on Friday it had submitted a formal application to the Export-Import Bank of the United States (Exim) for up to $2-billion in debt financing to fund construction of its Stibnite project, in Idaho.
