Australian Nickel Miner Mincor Cuts Cost 39%
Platts reported Mincor Resources (ASX:MCR) achieved a 39% cash cost reduction to A$5.39/lb ($5.43/lb) at its Kambalda nickel district.
Articles Tagged "Australia"
Kagara Drops Profit, Looks to Exploration
Mining Weekly reports Kagara (ASX:KZL) will invest heavily in exploration over the short term, after reporting poor financial results for the year.
Nickel Site Given OK
The Sydney Morning Herald reports the Ramu nickel project in Papua New Guinea will begin mining after a court win against an environmental challenge.
Norilsk Nickel Launches Mine in Australia
Mineweb reports that Russian miner Norilsk Nickel (LON:MNOD) has opened a mine in Australia.
MMG Plans to Sell Tassie Mine
The Sydney Morning Herald reports that MMG will test the nickel industry's appetite with the sale of its mothballed Avebury mine on the west coast of Tasmania.
Poseidon Nickel Hikes Cerberus Resource By 50%
Mining Weekly reports Poseidon Nickel (ASX:POS) has reported a 50% upgrade in the resource for its Cerberus deposit in Western Australia.
Introduction to Nickel
Nickel is a lustrous silvery-white, corrosion-resistant metal with a reddish tinge that has been used for thousands of years. A commonly over looked presence of modern day life, nickel is used in applications in buildings and infrastructure, household equipment, chemical production, and energy supply, to name a few.
Fox and China Talks to Develop Nickel Project in WA
Fox Resources Ltd (FXR) is now discussing about the Radio Hill nickel/copper project, in Western Australia with China’s Jinchuan Group. The project is now on care and maintenance status. Fox chairperson Terry Streeter is quoted saying; “The company is buoyed by the fact that Jinchuan remains a key strategic alliance for Fox and intends to [...]
Mincor Restarts Nickel Flagship with Miitel
Mincor, an Australian nickel-miner has confirmed that they will pursue the production at its flagship Miitel nickel mine, in Western Australia. Ramp up will start by June and is expected to be in full production by July of 2010. MD David Moore is quoted saying: “Not only does this increase the existing Miital ore reserves [...]
Mincor’s Second Half Profit Dipped 82% after Nickel Price Slumped
Mincor Resources NL, an Australian nickel producer that supplies BHP Billiton Ltd., declared an 82 percent dip in second-half profit after prices tumbled. For full story, click here
