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South 32 Quarterly Report
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Cerro Matoso payable nickel production was largely unchanged at 40.6kt in FY24, achieving 100% of guidance, with higher planned throughput and nickel grades supporting a 6% increase in production during the June 2024 quarter. |
First Quantum begins commercial production at Zambia nickel mine
First Quantum Minerals (TSX: FM) has begun commercial production at its Enterprise mine, set to become Africa’s biggest nickel operation, helping Zambia get closer to its goal of turning into a key supplier of battery metals. |
Flying Nickel plans to divest Minago project in Canada to NHCN
Flying Nickel Mining has signed a binding letter of intent with Norway House Cree Nation (NHCN) to offload its Minago Nickel project as well as related assets and undertakings in Manitoba, Canada. |
Vale to open new copper-nickel mine in Ontario
Vale Base Metals is set to open a new open pit mine at the historic Stobie mine site in Sudbury, Ontario. This project is expected to cost C$205 million ($149m) over the next four years. |
Indonesia launches nickel, tin online tracking system
Indonesia launched on Monday an online system to track movements of nickel and tin from mines to domestic processing facilities to improve accountability and government revenue, authorities said. |
Western Mines secures A$6m at-call facility for nickel project
Minerals exploration and development company Western Mines has secured a new funding facility to advance drilling at the Mulga Tank nickel/copper/cobalt/platinum group elements (PGE) project in Western Australia’s Eastern Goldfields. |
Nornickel to restart furnace at key smelter in early August
Russian metals producer Nornickel will re-launch one of the two furnaces at its flagship Nadezhda Smelter in early August after major repairs that affected production plans, a company spokesman told Reuters on Friday. |
Global oversupply forces BHP to suspend Australia nickel production
BHP on Thursday announced the suspension of production at its Western Australian nickel operations, citing a global oversupply in the nickel market. |