Australian nickel mining company Mincor Resources NL declared today that its nickel offtake customer, BHP Billiton, had, as expected, exercised its option to extend the Ore Tolling and Concentrate Purchase Agreements with Mincor for a further nine years, to 27 February 2019. For full story, click here
Western Areas NL confirmed Wednesday it would develop the Spotted Quoll discovery to double output through the company’s regional Cosmic Boy nickel concentrator to a target 20,000 tonnes of contained nickel next year. For full story, click here
Mirabela Nickel Ltd. surged that it has raised A$50.5 million from the Australian component of its previously announced equity raising. For full story. click here
Mining Journal declared that China Minmetals Corp, the nation biggest metals trader is studying the restart of the Avebury nickel mine in Australia after a rebound in prices. For full story, click here
Australian Associated Press declared that Xstrata has surged nickel production at its Australian operations by 185% YoY during the first half of calendar 2009 as compared to the same period a year earlier. For full story, click here
Banggai district in Southeast Sulawesi has exported 189,056 metric tons of nickel to Australia and China over the past two years until the first semester of this year. For full story, click here
Mincor Resources NL, Australia’s fourth-largest nickel producer, gained the most in two months in Sydney trading after announcing cost cuts and higher production. For full story, click here
Global miner BHP Billiton Ltd/Plc has asked for as much as $793 million for its idled Ravensthorpe nickel mine in western Australia. For full story, click here
Australian exploration company Graynic Metals has completed a joint-venture agreement with private Canadian company Nichromet Extraction, for a portfolio of advanced nickel laterite exploration projects, in Guatemala. For full story, click here
For the second time in less than a month BHP Billiton Ltd has temporarily closed its Perseverance nickel mine in west Australia due to rock falls around the site. For full story, click here
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