Western Areas Ltd. has released two tenders to market for nickel off-take that is currently contracted to BHP Billiton Group and China's Jinchuan Group Co. Ltd. and due to expire at the end of this year.....
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Friday, 28 October 2016
BHP Billiton likely to renew nickel off-take contract with Western Areas
Anglo America 's Nickel production increased by 66%
Nickel production increased by 66% to 11,300 tonnes following the successful completion of the Barro Alto furnace rebuilds in 2015.
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Economy in brief: Govt to allow nickel ore, bauxite exports
The government has finalized the draft revision of a government regulation on coal and mineral resources mining activities, which focuses on a licensing regime change and flexibility for mineral exports....
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Stainless scrap discounts buck seasonal trends as nickel price firms
The discounts mean nickel units in stainless steel scrap are changing hands at 80-82% of the London Metal Exchange’s nickel price....
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Friday, 21 October 2016
BHP Billiton aims for 50% of workforce to be women by 2025
BHP Billiton has set a new goal for women to make up half of its workforce by 2025 in one of the most ambitious gender targets at a global company....
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Wednesday, 12 October 2016
Stronger stainless steel output seen sustaining nickel prices
Nickel's rally is expected to be sustained by robust demand from China's stainless steel mills, a significant factor behind recent price gains which many think are mainly due to worries about supplies from the Philippines.
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Sunday, 9 October 2016
Vale Cuts Swiss Jobs as Base-Metals Marketing Focuses on Canada
The world’s biggest iron-ore and nickel miner is cutting about seven jobs from its nickel marketing and sales operations in Saint-Prex....
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Indonesian Nickel Ore Sales Seen Surging If Country Eases Ban
Indonesia’s nickel ore shipments are set to surge should the government allow exports of low-grade material in a potential move that has spurred opposition from an industry group and the country’s biggest producer.
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Wednesday, 5 October 2016
Nickel market faces supply shock as UBS sees risks next year
About a tenth of the world’s nickel supply is at risk after the Philippines widened a crackdown on miners, raising the chances of prices rallying by another 25% through 2017, according to UBS Group, which had already billed the metal as one of its favoured commodities.
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As Year-End Crash Avoided, Barclays Sees Commodity Gains in 2017
Commodities will probably see a broad-based recovery next year after what’s expected to be an unusually strong performance in the final quarter as demand improves, investors plow funds into raw materials and the dollar shows signs of weakness, according to Barclays Plc.
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Base Metals Are Back in a Bull Market
Mining shares climbed to the highest in 15 months as Chinese factory data added to signs of an improving economy in the top consumer of raw materials.
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Indonesia expects mining rule overhaul within weeks
Indonesia is finalizing an overhaul of its mining rules that could give companies up to five more years to build smelters, and reopen exports of nickel ore banned since 2014, the country's mining minister said on Tuesday.
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Small Tasmanian nickel mine symbol of hope in uncertain market: Russell
It's not often that jobs get exported from the developing world back to a developed country, but this is likely to be the case with nickel, the Philippines and Australia.
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Miners May Avoid Shutdowns in Philippine Audit as Nickel Drops
Outlining three potential outcomes for the loss of nickel supply, the bank said in a report there may be symbolic closures totaling 50,000 tons of contained nickel, a more significant scenario with losses of 200,000 tons, and a third possibility, with shutdowns preceding a total ban on unprocessed ore exports.
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