Nickel




Construction workers at Sherritt's  Ambatovy project. Source: Sherritt International

Sherritt reports loss but boosts dividend on back of Ambatovy

Sherritt International (S-T) had to shoulder some of the same industry wide hardships as lower commodity prices and higher costs, but the company signaled its bullishness for the future by increasing its dividend despite reporting a fourth…



Vale takes hefty write-downs

 Vale (VALE-N) is taking a US$2.85 billion write-down on its Onça Puma nickel mine in the northern Brazilian state of Para after troubles with two furnaces earlier this year led to the halting of its ferronickel…



Duluth, Antofagasta go big on the South Kawishiwi

Toronto-based Duluth Metals (DM-T) and 40% joint-venture partner Antofagasta (ANTO-L) can claim to hold one of the largest pollymetallic sulphide deposits following a resource update on the Twin Metals project near Ely, Minn. Duluth announced…


A drill platform at Inmet's Cobre Panama project. Source: Inmet Mining

First Quantum offers $5.1B in sweetened bid for Inmet

First Quantum Minerals (FM-T, FQM-L) has stepped up its game for Inmet Mining (IMN-T) with a hostile $5.1-billion takeover offer in hopes of winning over Inmet shareholders after failing twice to entice the company’s board in recent…


Lundin's Neves-Corvo copper-zinc mine in Portugal. Source: Lundin Mining

Lundin slips on three-year output guidance

Toronto-based Lundin Mining (LUN-T) dropped slightly after publishing its three-year production outlook for 2013 to 2015, as it lowered its estimates for copper, zinc and nickel from its previous guidance, but managed to keep them above 2012…


First Quantum's Kansanshi open pit copper mine. Source: First Quantum

First Quantum adds heft to two Zambian projects

Proving that it isn’t entirely pre-occupied with a potential merger with Inmet Mining (IMN-T), First Quantum Minerals (FM-T) found the time to deliver some serious tonnage from two of its projects in Zambia.


First Quantum produces first nickel at Kevitsa

First Quantum Minerals (FM-T, FQM-L) has started commercial production at its Kevitsa open-pit, nickel-copper mine in northern Finland. The wholly owned project is the company’s second major foray into nickel, following the 2011 relaunch…


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