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Glencore offers to buy rest of PolyMet for $71m
Mining and commodities giant Glencore (LON: GLEN) has offered PolyMet Mining (NYSE: PLM) (TSX: POM) to buy the company’s shares it does not already own for $2.11 in cash each, or about $71 million. |
The IMF will discuss nickel export ban with Indonesia and urge to reconsider cost and benefit analysis
Luhut Binsar Pandjaitan, Coordinating Minister of Maritime and Investment, is set to hold discussions with the International Monetary Fund (IMF) regarding the IMF’s request for Indonesia to reconsider its ban on nickel exports. |
IMF Asks Indonesia to Lift the Nickel Export Ban
The Executive Board of the International Monetary Fund (IMF) asked the Indonesian government to lift the gradual ban on nickel exports. This was revealed in a release published on the IMF website on 25 June 2023. |
Munda sees solid results
Widgie Nickel’s Munda deposit has reported high grade nickel results through its recent drilling program. |
Stillwater Critical Minerals welcomes Glencore as major investor
Stillwater Critical Minerals (TSXV: PGE) has welcomed Glencore Canada as a major investor to help advance its portfolio of nickel exploration and development projects in North America. |
Centaurus secures full nickel rights at Jaguar
Base metals developer Centaurus Metals has reached an agreement with Vale Base Metals to acquire all of the offtake rights for the nickel products from its Jaguar project, in Brazil, in exchange for an increase in Vale’s net operating royalty over the project... |
Indonesia must take advantage of US-China trade war: Minister
Indonesia and the US are discussing the facilitation of Indonesian nickel products exports to the US through the Indo-Pacific Economic Framework. |
EV Nickel doubles Shaw Dome resource in Ontario
An updated resource at EV Nickel’s Shaw Dome project in northern Ontario adds more than 24 million tonnes of contained metal to the W4 deposit over a previous estimate in 2010. |