Commodity prices have plunged this year amid supply gluts and ebbing demand from China, the biggest consumer of raw materials ranging from cotton to zinc. The S&P GSCI is down 18 per cent in 2015, and the Bloomberg Commodity Index has dropped 21 per cent to th...
Nickel miner Poseidon Nickel has renegotiated its convertible notes, reducing the face value of the notes from $35-million to $17.5-million and extending the term of the notes by 42 months. The notes were originally issued in two tranches for a total face valu...
Approval of the government of New Caledonia has authorized MKM company exporting low-grade laterite nickel ore to China. Due to international nickel prices continued to fall, resulting the government of New Caledonia has different opinion regarding nickel reso...
Diversified miner Sherritt International has increased its net loss by C$158.7-million during the third quarter ended September, as lower prices for nickel, cobalt and oil and gas products weighed on the bottom line.
Embattled nickel miner Poseidon Nickel is considering a standalone gold facility at its Windarra project, in Western Australia, while nickel prices remain in the doldrums.
Nickel miner Western Areas has reported its highest quarterly output since the December 2013 quarter, as its Spotted Quoll mine, in Western Australia, achived record production in the quarter ended September 30.