DMCI has closed down Nickel Mine
The Mining unit of Consunji-led DMCI Holdings, Inc. has suspended its nickel operations in Zambales because of the steep dip in world prices. For full story, click here
Articles Tagged "operations"
BHP Billiton Nickel Mine has halted as worker trapped
Global miner BHP Billiton has suspended operations at an Australian nickel mine after a rock slipped on Wednesday trapped a mine worker about 1,000 metres underground. For full story, click here
Xstrata has shut Canada Nickel Mine due to damage
Xstrata PLC. has indefinitely suspended operations at its Montcalm nickel mine in Timmins, Ontario, after finding structural damage. Ian Pearce, chief executive of Xstrata’s nickel division, said at a metals conference in Toronto, stated: We’ve ceased operations at Montcalm for the foreseeable future because of ground conditions and safety issues. For full story, click here
Canadian Miners have reduced nickel output
Vale Inco declared that it has extended a planned three-week scheduled maintenance closure at its Sudbury, Ont., mining and Port Colborne, Ont., refinery operations by an additional eight weeks through the end of July. For full story, click here
PNG Ramu Nickel Mine work have resumed after dispute
Construction of Papua New Guinea’s Ramu nickel mine and processing plant declared that it has resumed a week after a a fight involving around 70 Papua New Guinean and Chinese workers close operations, 8.56 percent owner Highlands Pacific Ltd. For full story, click here
Liberty Mines purchased by Chinese company
Liberty Mines Inc, a company that has it’s two major nickel mining operations in the Timmins area reported that it is now owned by the Chinese. For full story, click here
Nickel demand at four year low
By Leia Michele Toovey- Exclusive to Nickel Investing News Demand for nickel scrap lost its luster among offshore buyers in January, sinking to its lowest level in more than three years. Nickel prices have rallied as much as 14 per cent since the start of the month, but are likely to remain volatile. Analysts predict [...]
Toledo Mining will not restart Berong nickel mine till Q3
Toledo Mining revealed that it does not anticipate restarting operations at its Berong nickel mine until at least the third quarter of the year. For full story, click here
Xstrata Nickel places bets on Rim South
Xstrata Nickel’s Greater Sudbury reported that its operations at the still-under-development Nickel Rim South are now closed. For full story, click here
Norilsk Nickel to sell off its Cawse nickel project
After suspending all of its Australian operations on account of the global financial meltdown, Norilsk Nickel is in talks to sell its Cawse nickel operation in Western Australia to exploration firm Poseidon Nickel. For full story, click here
