US and European sanctions on Russia combined with Indonesia's ban on unprocessed ore exports to push nickel to an 11-month high.
Three-month nickel on the London Metal Exchange has largely moved upward in the wake of Indonesia's decision. Encouragingly, Vale believes further gains are to come.
PolyMet Mining is currently in the permitting phase for the NorthMet copper-nickel-precious metals mine in Minnesota. If approved, NorthMet will be the first copper-nickel mine in the state.
All eyes are on the Philippines now that Indonesia has banned exports of unprocessed nickel ore.
Indonesia's long-awaited ban on the export of unprocessed ore has sent nickel market participants reeling and shares of nickel companies soaring.
Nickel is a substantial part of New Caledonia's economy. Here's a look at what it's like to mine the metal in the country, as well as which companies are doing so.
Patrick Buffet, chairman and CEO of French mining and metallurgical group Eramet, recently commented that the nickel market is in an oversupply "crisis."
Nickel prices are very likely to see a boost if Indonesia goes through with a proposed ban on unprocessed ore exports on January 1, 2014. However, as yet it is unclear if the country will actually do so.
Glencore Xstrata and Vale are reportedly again in talks about combining their nickel-mining operations in Canada's Sudbury Basin.
Like many other major miners, today's weak pricing environment has forced Russia's Norilsk Nickel to rethink its focus and overhaul its operations.