Alaska Energy Metals stock rises on drill results at Nikolai nickel project
Mining News Pro - Alaska Energy Metals’ stock rose on Monday after releasing results for two additional diamond drill holes from its 2023 exploration program at its 100% owned Nikolai nickel project.
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Antofagasta loses bid to revive Minnesota copper-nickel project
Mining News Pro - A US judge has rejected a bid by a subsidiary of Chilean mining company Antofagasta Plc to restore canceled mineral leases for a proposed $1.7 billion Minnesota copper and nickel mine, which the Biden administration had blocked over concerns it could pollute a major recreational waterway.
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Horizonte closer to beginning production at Brazil nickel project
Mining News Pro - Horizonte Minerals (AIM, TSX: HZM) said on Monday it was on track to begin production at its Araguaia nickel mine in northern Brazil in the first quarter of 2024.
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World’s biggest nickel projects
Mining News Pro - Nickel is used mainly in the steelmaking process, but also in production of batteries for electric vehicles, and it is the metal that has grabbed the most headlines so far this year.
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Vale Indonesia signs $2 billion nickel project deal with Shandong Xinhai
Mining News Pro - Nickel miner PT Vale Indonesia on Tuesday signed an investment deal with China’s Shandong Xinhai Technology Co. Ltd and a unit of China Baowu Steel Group Corp. Ltd to develop a processing plant on Sulawesi island.
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OZ Minerals gets final nod for key copper-nickel project
Mining News Pro - OZ Minerals said on Monday the Western Australia government granted final regulatory approval for the miner to begin construction at its West Musgrave copper-nickel project.
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Horizonte Minerals signs $135 million equipment contracts for Brazil nickel project
Mining News Pro - Horizonte Minerals said on Thursday that it had signed $135 million in contracts with machinery suppliers for the Araguaia nickel project in Brazil.
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Top 10 biggest nickel projects in 2022
Mining News Pro - Teck Resources’ Mesaba nickel project in the US is in ninth place with 2.92mt contained nickel. Mesaba is the largest sulphide deposit in Minnesota’s Duluth Complex.
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DOE backs Rio Tinto led investigation into carbon storage at Minnesota nickel project
Mining News Pro - The U.S. Department of Energy has awarded $2.2 million in funding to a team led by Rio Tinto (ASX: RIO; NYSE: RIO) to investigate carbon storage potential at the Tamarack nickel project in Minnesota. The project is a joint venture of Rio Tinto (81.5%) and Talon Metals (TSX: TLO) (18.5%). The advanced exploration project is located about 85 km west of Duluth.
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BHP to invest $50m to advance Tanzania nickel project
Mining News Pro - BHP Group would make an investment of $40 million to develop a nickel project in Tanzania, Kabanga Nickel said on Monday, and $10 million for cleaner production technology, as the global miner, seeks to reduce its carbon footprint.
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Nickel projects win big in WA exploration grants
Mining News Pro - The Western Australian Government has announced the latest recipients of its Exploration Incentive Scheme (EIS) co-funded drilling program, with $6.35 million awarded to 51 WA exploration projects.
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Silver Elephant acquires nickel project in Thompson belt
Mining News Pro - Silver Elephant has high hopes and aspirations for its new Minago project, in Manitoba, which could supply the “insatiable” demand for Class 1 nickel from the electric vehicle (EV) industry.
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Banks arranging $325m for Horizonte’s Brazil nickel project
Mining News Pro - Horizonte Minerals announced on Wednesday that it has executed a mandate to arrange a senior secured project finance facility of up to $325 million to fund the construction and development of its flagship Araguaia nickel project in Para state in Brazil.
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Sumitomo predicts record loss as covid-19 hits nickel project
Mining News Pro - Japanese trading house Sumitomo Corp on Friday forecast a record net loss of 150 billion yen ($1.4 billion) for the year to March due to hefty one-off losses including a writedown on its Ambatovy nickel project in Madagascar amid the covid-19 shock.
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Karora Resources to sell 28% of Quebec nickel project
Mining News Pro - Canada’s Karora Resources (TSX: KRR), formerly known as RNC Minerals, is selling its 28% interest in the Dumont project in Quebec, one of the globe’s largest undeveloped nickel assets, to two private funds advised by Waterton Global Resource Management, for a total of up to $48 million.
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Fjordland to acquire majority stake in CanAlaska’s North Thompson nickel project
Mining News Pro - Following the execution of a letter of intent back in February, CanAlaska Uranium and Fjordland Exploration entered this week into an option agreement which allows the latter to earn up to an 80% interest in CanAlaska’s North Thompson nickel project in Manitoba, Canada.
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Indonesia expects delay to $11bn nickel projects over coronavirus
Mining News Pro - Indonesia’s coordinating minister overseeing maritime resources and investment affairs said on Tuesday that the coronavirus outbreak in China will likely delay development of nickel projects in the Southeast Asian country worth about $11 billion.
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China Moly joins Huayou in Indonesia nickel project
Mining News Pro - China Molybdenum Co said it planned to take an indirect 30% stake in an Indonesian nickel project as it looks to increase its exposure to the growing market for battery metals.
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BHP to accelerate nickel project as interest spikes
Mining News Agency - BHP may bring forward development of stage two of its nickel sulphate plant at the Kwinana Refinery in Western Australia with interest in the product exceeding expectations.
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