Weekly Nickel News

Top Stories : August 27 to September 03
Canada Nickel Company Inc. announced today assay results at its Reid property, where two drill holes have been completed as part of its regional exploration program. Drilling was highlighted by hole REI21-02 which intersected 354 meters of 0.24% nickel and includes 15 meters of 0.39% nickel and 6 meters of 0.57% nickel.
EV Nickel Inc. is pleased to update on its exploration drilling related to its Shaw Dome Nickel Project, southeast of Timmins, Ontario. The Company’s Phase 2 drilling is now complete. and tested the down plunge potential of the High-Grade Langmuir W4 Zone.
Canada Silver Cobalt Works Inc. is pleased to provide the latest exploration results at its Graal nickel-copper-cobalt discovery in the Lac St-Jean region of Quebec.
Widgie Nickel Limited(ASX: WIN, “Widgie” or “the Company”) is pleased to announce that the assays have been received for RC percussion hole MERC225 at the Gillett North target (refer ASX announcement 30 May 2022-Exploration drilling discovers new mineralisation at Gillett North) confirming high grade
Caeneus Minerals has taken stock of the final assay results from its maiden RC drilling program at the Highway prospect at its Pardoo battery metals project in WA’s Pilbara province. The company is etching out a thick, shallow nickel-copper-cobalt deposit
Brazilian Nickel plc has announced that, after an 18-month construction and commissioning period, continuous nickel production has begun from the Piauí Nickel Project (PNP) in Brazil. The first nickel hydroxide product (NHP) was produced from the world’s first standalone nickel laterite heap leaching operation recently
Panther Metals has gone above and beyond initial expectations for the Coglia nickel-cobalt project’s maiden mineral resource, which has come in 20 million tonnes above the upper limit of the pre-existing JORC exploration target.
Global Battery Metals Ltd., an international critical mineral exploration and development company focused on growth-oriented battery metal projects, is pleased to announce that a combination of fixed-loop time domain electromagnetic (“TDLEM”) and borehole electromagnetic (“BHEM”) surveying work has commenced on its Sawyer Camp Nickel-Copper Project in the Upper Peninsula of Michigan.
Estrella Resources says high-grade results from resource confirmation drilling at its Spargoville nickel project near Kambalda in WA highlight its best hope of transitioning to a producer in the near term. First assays from a hole drilled at the company’s 5A resource returned a 3.4m intersection recording 8.2 per cent nickel
Earnings/ Financial Results
Nickel 28 Capital Corp. has released its results for the quarter ended April 30, 2022. “During the quarter, the Company received a cash distribution of $3.5 million from Ramu’s operating surpluses for the second half of 2021.
Business Partnership
Shell Overseas Investments B.V., a unit of Shell plc has signed an agreement with the Philippines’ Emerging Power Inc for an initial 1 gigawatt renewable energy project tapping solar, the companies said on Friday. Shell and Emerging Power, the energy unit of top Philippine nickel ore miner Nickel Asia Corp (NIKL.PS)
News Stories
“We’re playing in a subset of a much larger structural shift that is happening, which is no different than what transpired in the oil industry one and a half centuries ago,” says Joseph Naemi. Along with experienced geologist Dr Ian Pringle, Naemi is one of the main names behind Bayrock Resources (ASX:BAY)
Listen to ASX-listed Widgie Nickel Managing Director Steve Norregaard talk to Matt Birney on the Bulls N Bears Report about Widgie’s smashingly good massive sulphide nickel discovery near Kambalda in WA’s Goldfields region that caused its share price to hike by 67 per cent.
Copper’s second quarter performance was the worst in more than a decade, but the start of Q3 saw no let up in the bloodletting. A rebound in manufacturing in China, which consumes more than half the world’s industrial metals, was not enough to offset weakness in the copper market after data released on Friday showed inflation in the eurozone jumping to a record high.
The Minerals Research Institute of Western Australia will develop a roadmap to decarbonise WA through integrated mineral carbonation. Mineral carbonation is a carbon dioxide (CO2) removal method and a natural rock weathering process, where it binds to minerals in the Earth’s crust.
A handful of postage-stamp nations in the South Pacific launched an uphill battle this week against the deep-sea mining of unattached, fist-sized rocks rich in rare Earth metals. The stakes are potentially enormous. Companies keen to scrape the ocean floor five to six thousand metres (17,000 to 20,000 feet) below sea level stand to earn billions…
Stillwater Critical Minerals (TSXv:PGE, OTCQB:PGEZF, FSE:5D32), formerly Group Ten Metals, has just undergone a complete rebranding, adopting a fresh image that showcases its enviable position in the market. The company’s flagship project is the district-scale, 100%-owned Stillwater West PGE-Ni-Cu-Co-Au property in Montana
He also informed the speaker that Tembo Nickel was the operating company that was formed as a joint venture between Kabanga Nickel limited, a private company based in the UK and the Tanzanian government, which has 16 percent free carried interest in the project .
When Cyprus was granted membership of the European Union on May 1 2004, it was widely regarded as the final validation of the country’s claim it conformed to the standards of the “Copenhagen criteria”. The elite club required member countries to demonstrate a functioning market economy
Inomin Mines (TSXV: MINE) has reported positive initial test results demonstrating the potential for carbon capture and storage at its Beaver critical minerals project (magnesium-nickel-chromium-cobalt) in south-central B.C. The tests were carried-out by researchers at the University of British Columbia on samples from the company’s critical mineral discovery.
Wyloo Metals made a big splash last year with its battle against Australian behemoth BHP (NYSE: BHP; LSE: BHP; ASX: BHP) for control of Ring of Fire junior Noront Resources. The private, Western Australia-based company, owned by Australian billionaire Andrew Forrest’s Tattarang investment group
Located at the northern end of the rich Forrestania nickel belt, the early holes at Mons have confirmed the presence of a large mineralised system containing nickel and copper. With only a few holes under its belt, it remains unclear exactly what Nimy has stumbled across.
Northern Graphite says it has commenced a high-resolution horizontal magnetic gradient and electromagnetic (VTEM Plus) airborne survey of its South Okak nickel-copper-cobalt property in Labrador in eastern Canada, Kallanish reports. About 1,450-line kilometres of data will be collected.
Mali is seeing a rise in the number of nickel exploration applications as demand for this metal essential to energy transition continues to grow across West Africa.
Natural gas futures extended their rally as a hotter long-range forecast, a dip in production and bullish technical momentum lifted the prompt month ahead of expiration. The July Nymex contract rolled off the board at $6.551/MMBtu, up 5.0 cents on the day. The August contract, which moves to the front of the Nymex curve on Wednesday
The Boundary Waters Canoe Area Wilderness is much closer to the protection it needs from mining pollution after the release of a long-awaited U.S. Forest Service study that gives support to a 20-year mining moratorium on federal land near the BWCA.
Greg Dipple wants to turn the waste from nickel mines into large-scale carbon sinks. The idea, which he has developed over two decades, would help reduce the environmental impact of mining for metals that are highly sought after for electric vehicle batteries.
Commencing the operation comes after the company secured heritage clearance and land access issues that had prevented Legend Mining, which first identified Osborne as a key nickel-copper target in 2007, from following-up.
Investor Relations
JPMorgan Chase & Co no longer has any exposure to the nickel bet that rocked global metals markets earlier this year, after a drop in prices on the London Metal Exchange (LME) allowed the tycoon at the centre of the squeeze to exit his positions with the bank.
The idea that stocks follow moves in underlying commodity prices, at least once they’re producing the stuff, is fairly well established. But investors have become more wary as inflation and interest rates have killed the bullish mood we enjoyed in late 2021 and early 2022.
SPC Nickel used the higher grade interval of 24 meters containing 0.97% nickel-equivalent as its headline which is a very fair representation of the situation. This means the residual 14 meters in the interval has an average grade of “just” 0.37% nickel but using a nickel price of $14 per pound
Warren Buffett Just Bought These 3 High-Yield Dividend Stocks. Should You Vale S.A VALE is well-poised to benefit from its efforts to improve productivity, introduce high-quality ore in the market, and control costs. Backed by its solid cash flow, Vale has been lowering debt levels while investing in growth projects.
The reason for the view is that prices are the furthest from costs. Citi has downgraded its short-term price for zinc by US$300 to $3000 per tonne. “By October-December however, if it becomes clear that Europe will not build enough gas stocks to make it through this winter, zinc output cuts may drive a spike in prices during 4Q22 and 1Q23,” it said.
The Avebury Nickel Mine will live again, after shareholders of the intending buyer overwhelmingly backed the deal.
Fastmarkets assessed nickel pig iron, high-grade NPI content 10-15%, spot, ddp China at 1,330-1,350 yuan ($199- 202) per tonne on Friday, down by 70-90 yuan from 1,400-1,440 yuan per tonne…
JPMorgan Chase & Co. no longer has any exposure to the nickel bet that rocked global metals markets earlier this year, after a drop in prices on the London Metal Exchange allowed the tycoon at the center of the squeeze to exit his positions with the bank.
Hedge fund Elliott Associates and Jane Street Global Trading are suing the London Metal Exchange for up to $500 million after the LME cancelled nickel trades on March 8 when prices soared to record highs above $100,000 a tonne in chaotic trade. read more
Base metals experienced their greatest quarterly decline since the global financial crisis of 2008 as worries about a worldwide recession increased and China’s economy very slowly recovered. Although the decrease has been accentuated by price spikes that month as a result of Russia’s invasion of Ukraine
Recession fears may spook base metals (The Hindu Business Line)
Base metals market has been under pressure for several weeks now indeed, during the just ended second quarter – following a combination of sharp hike in interest rates and strengthening US dollar on the one hand and improved supply prospects on the other.
The rally of SHFE nickel is full of arduousness. After a brief rebound last week, SHFE was back on the downward trajectory again today, with a fall of 6.62% as of 11:39 am Beijing time. Spot market The average price of SMM #1 nickel dropped 3.41% on July 1 from yesterday to 182,450 yuan/mt after rising for two consecutive days.
SHANGHAI, Jul 1 (SMM) – As of July 1, port inventories of nickel ore in China dropped by 120,000 wmt to 5.044 million wmt compared with last week. The total Ni content fell by 1,000 mt to 39,700 mt. The increase in port inventory remained unstable and rangebound at low levels, and the nickel ore supply was relatively tight.
A unit of Nickel Asia Corp. signed a joint venture deal with Shell Overseas Investments B.V. to develop renewable energy projects in the Philippines. In a disclosure to the Philippine Stock Exchange on Friday, the listed mining firm said this new venture with the Netherlands-based oil giant aims to build RE projects
As we head into a “recapitulation” stage for commodities, copper, nickel, and gold will be the best assets to own, said Brent Cook, Founder of Exploration Insights. “I’m very certain that the copper price is going to do well,” he said. “Demand is way going to exceed supply. Nickel is the same. Gold looks good.”
UAE investors have signed Memoranda of Understanding (MoUs) worth $2.76 billion with the government of Odisha state, after meeting with CM Naveen Patnaik in Dubai. The investment by UAE business houses is a result of the government’s investment promotion drive aimed at creating awareness of Odisha’s key advantages
Human Resources/ Employees Related
In an increasingly interconnected and complex world, dozens of companies and thousands of workers could be involved in technology supply chains, but so far the industry’s efforts to root out forced labour and slavery have failed to eliminate the problem.
Draslovka Holding made its presence felt in the mining chemicals space about a year ago when it announced plans to acquire Chemours Company’s Mining Solutions business, a deal that has since seen it become one of the largest North American producers of solid sodium cyanide.
Britishvolt has signed a deal with South Korean battery materials firm Posco Chemical designed to secure the supply of cathode and anode materials, the two companies said. The two companies have signed a memorandum of understanding and are working on a longer-term agreement
Mumbai (Maharashtra) [India], June 30 (ANI/PNN): Supreme Engineering Ltd has informed the National Stock Exchange (NSE) by a letter that the company has received a prestigious order from DRDO, the Government of India’s R&D Agency involved with the development of Missiles Europe Companies.
ASX-listed Matsa Resources has entered into an agreement with exploration company IGO Newsearch, whereby IGO will acquire a 70% interest in the copper/nickel Symons Hill project as well as Matsa’s other Fraser Range tenements in Western Australia.
Amines are ubiquitous in the pharmaceutical and chemical industries, and a nickel-based catalyst has now opened up a promising route to make these molecules from widely-available nitrile compounds (Science 2022, DOI: 10.1126/science.abn7565).
Mark Selby Canada Nickel Company Chairman, CEO & Director The run up in nickel is hugely supportive for Canada Nickel, said CEO Mark Selby. In June Selby spoke to Kitco at the Mining Investment Event of the North in Quebec City.
The UK government imposed sanctions on Vladimir Potanin, Russia’s richest man and the president of MMC Norilsk Nickel PJSC, in the latest escalation of economic measures against Moscow. Potanin, whose net worth is $37.1 billion according to the Bloomberg Billionaires Index, has until now largely avoided western sanctions
The late Yogi Berra was arguably one of the best players to ever step on the baseball diamond. The New York Yankees won 10 World Series championships with Berra behind the plate. A three-time MVP and 15-time All Star, Berra still holds multiple MLB records. In my mind, his most impressive statistic comes from the 1950
The commodity, an often seen as a barometer to gauge the global economy, fell to its lowest point since February 2021, as recession fears also hit prices for other key industrial metals, such as aluminum, nickel, iron and zinc. While copper prices edged back above $8,000 later on Friday
Intellectual Property
The chief executive of the London Metal Exchange started 2022 by saying he was departing the LME after five years at the helm to join a digital assets firm. Then, in the early hours of March 8, the price of nickel doubled, leaving Chamberlain and his team facing the unenviable choice between making huge
Press Release
Mont Royal Resources Limited (“Mont Royal”, the “Company”) (ASX: MRZ) is pleased to provide the below announcement released by the Company’s joint venture partner, Azimut Exploration Inc. (TSXV: AZM) (OTCQX: AZMTF) (“Azimut”), on 29th June 2022.
A-Cap Energy Limited (ASX:ACB) ) has increased its interest in the Wilconi Nickel Cobalt Project in Western Australia from 20% to 55% after fulfilling phase 2 of its second earn-in milestone as part of its Joint Venture with Wiluna Mining (ASX: WMC).
Forum Energy Metals Corp. (TSXV: FMC) (OTCQB: FDCFF) (“Forum” or “the Company”) is pleased to announce geochemical results from its winter diamond drill program (8 holes for 2,062 metres) on its 100% owned Wollaston Uranium Project, located 10km southeast of Cameco’s Rabbit Lake mill and 30km southeast of Orano/Denison’s McClean Lake mill (Figure 1).
Clean Air Metals Inc. (“Clean Air Metals” or the “Company”) (TSXV: AIR) (FRA: CKU) (OTCQB: CLRMF) is pleased to announce new assay results from the 2022 drill campaign from both the Escape and Current PGE-Cu-Ni Deposits at the Company’s Thunder Bay North Project near Thunder Bay, Ontario, Canada (the “Project”).
Kingsrose Mining Limited (ASX: KRM) (Kingsrose or Company) wishes to advise that it is has entered into a process deed with PT Kreasi Cemerlang Lestari for the potential acquisition by PTKCL or its related body of the Way Linggo gold project, via the sale of the entire issued capital of Natarang Offshore Pty Ltd ACN 007 006 877.
Sabre Resources (SBR) will begin a 3000-metre reverse circulation (RC) drilling program at its Nepean South farm-in project in Western Australia. The RC drilling will follow up on previous high-grade nickel results intersected in shallow rotary airblast (RAB) drilling completed by Mincor Resources (MCR) between 2007 and 2012.
Blackstone Minerals (OTC:BLSTF) (ASX:BSX) is pursuing the development of the district-scale Ta Khoa Nickel Project through a vertically integrated strategy which entails an upstream project (Ta Khoa Nickel Project aka TKNP) and a downstream project (Ta Khoa Refinery Project aka TKR)
Voltage Metals Corp., (“Voltage” or the “Company”) (CSE: VOLT) (OTC: VLTMF) is pleased to announce that it has completed a diamond drill program at the Company’s 100% owned St. Laurent Nickel-Copper-Cobalt Project, located 160 km northeast of Timmins, Ontario.
Green River Gold Corp. (CSE:CCR) (OTC Pink: CCRRF) (the “Company” or “Green River”) is pleased to update the progress at the 2022 exploration program at its Quesnel Nickel/Magnesium/Talc project, located 40 kilometers from the City of Quesnel, British Columbia, in the prolific Cariboo Mining District.
PT Aneka Tambang Tbk (ANTAM; IDX: ANTM; ASX: ATM) member of Mining Industry Indonesia (MIND ID) – the State-Owned Enterprise Holding of the Mining Industry Indonesia, announced that in line with the Information Disclosure of Partial Business Spin-Off of Nickel Mining of PT Aneka Tambang Tbk’s Nickel Mining Business Segment
Human Resources/ Employees Related
The BC Regional Mining Alliance (the “Alliance”) is pleased to announce the addition of three new industry members. FPX Nickel Corp., Northisle Copper and Gold Inc., and NorthWest Copper Corp. have joined existing industry members Ascot Resources Ltd., Dolly Varden Silver Corporation, Skeena Resources Limited, Indigenous member Nisga’a Lisims Government, the Province of British Columbia and AME.
Investor Relations
The mining company Eurobattery Minerals AB (Nordic Growth Market: BAT and Borse Stuttgart: EBM; in short: “EBM”, “Eurobattery” or “the company”), today announced the closing of the acquisition of a 40% stake in FinnCobalt Oy, the current owner of the ground and all mining rights of the Finnish Hautalampi nickel-cobalt-copper project.
According to Fact.MR, a market research and competitive intelligence provider, the global nickel coated fibers market is valued at US$ 15.4 billion and is predicted to surge at 9% CAGR through 2032. Market growth is mainly backed by surging demand from the telecommunications and automotive sectors.
Research Update
“This hyperlocal concept is important because batteries should be produced locally,” Carlstrom said in an interview with S&P Global Commodity Insights. “They are very heavy, and so are the minerals and the products used in the battery, so the ideal situation is to have a concept where all of the products are being more or less produced on site.”
Blogs and Forums
Three months after a historic short squeeze on the London Metal Exchange, which sent nickel prices soaring past $100,000/mt, the LME is back in the spotlight. This time it’s facing two lawsuits, a complaint and a membership cancellation over the situation.
Dissolved organic matter (DOM), a ubiquitous ligand for heavy metals, plays a crucial role in regulating the bioavailability and fate of heavy metals in the environment. However, owing to complex structure and heterogeneity of DOM, it is still challenging to develop kinetics models to predict the rates of heavy metal reactions with DOM.
Herein, a hybrid nanowire-nanosheet structure made of the cerium oxide and nickel-cobalt phosphide (CeO2-NiCoPx) compound is in situ engineered on the Ni-Co foam (CeO2-NiCoPx/NCF) for the robust water splitting (HER and OER), and the overpotentials of synthesized CeO2-NiCoPx/NCF are about 39 mV for HER and 260 mV for OER at a current density of 10 mA cm2 (j10).
The hydrogen borrowing strategy is an economical method for the α-functionalization of ketones. While this strategy is extremely advantageous, it does not lend itself to the synthesis of β,β-disubstituted ketones. This can be achieved, if the in situ generated metal hydride can be intercepted with a nucleophilic coupling partner.
Turning the chemical state of in-situ converted oxyhydroxides is essential for the development of efficient oxygen evolution reaction (OER) catalyst. Herein, P-block element Bi is first introduced as a dopant to tune the in-situ reconstruction of Ni3S2 pre-catalyst towards enhanced OER activity.
Urea electrooxidation with favorable thermodynamic potential is highly anticipated but suffering from sluggish kinetics. Deciphering the activity origin and achieving rational structure design are pivotal for developing highly efficient electrocatalyst for urea oxidation reaction (UOR).
Defect engineering in nickel ferrite has been performed to enhance the power output of the hydroelectric cell (HEC). Oxygen vacancies can be tuned in the ferrite using different valence element substitutions to enhance water dissociation by hydroelectric cells. In this work, Li+, Mg2+, and Al3+ substituted at the nickel site in nickel ferrite (NiFe2O4) are synthesized
The migration of nickel during redox cycling in solid oxide fuel cells induces the evolution of the electrode microstructure, degrading the electrochemical performance of the electrode and causing severe mechanical damage. Thus, it is necessary to understand the Ni migration phenomenon during redox cycling, with particular attention to the interior of the electrode.
Renewable generation of fuels using solar energy is a promising technology whose deployment hinges on the discovery of materials with a combination of durability and solar-to-chemical conversion efficiency that has yet to be demonstrated. Stable operation of photoanodes has been demonstrated with wide-gap semiconductors, as well as protected visible gap semiconductors.
A Ni-catalyzed (4 + 2) cycloaddition of bicyclic 3-azetidinones and alkynes was developed to access indolizidine and quinolizidine alkaloids. A key element was the development of a diazomethylation procedure that allows the efficient synthesis of bicyclic azetidinones from pyroglutamic and 6-oxopiperidine-2-carboxylic acid. 
Intellectual Property
Alexandria, July 2 — Duracell US Operations has filed a patent application for oxidative delithiation of alkali nickel oxide. This invention was developed by Zhang Fan, Christian Paul A, Nelson Jennifer A, Anglin David L, Wildgust Paul, Baccaro Thomas and Hu Chaolan.
Alexandria, July 2 — The Government of the United States of America as Represented by the Secretary of the Navy has applied for United States patent for aerosol deposition of solid electrolyte materials. Johnson Scooter David and Kozen Alexander C developed it.
Alexandria, July 2 — Vdm Metals International has submitted a patent application for nickel base alloy for powder and method for producing a powder. Schmidt Christina and Heckmann Andreas developed the invention.
Alexandria, June 29 — United States Patent for chromium-based coating, a method for producing a chromium-based coating and a coated object has been issued to Savroc Ltd. This invention was developed by Raisa Jussi. The patent application number is 15/758,912. The International Patent Classification codes are C25D 3/06 (20060101), C25D 3/56 (20060101), C25D 5/50 (20060101), C25D 5/14 (20060101), C25D 5/00 (20060101), C25D 5/36 (20060101) and C23C 16/00 (20060101). Cooperative Patent Classification codes are C25D 5/627 (20200801), C25D 5/617 (20200801), C25D 5/14 (20130101), C25D 3/06 (20130101), C25D 5/50 (20130101), C25D 3/56 (20130101), C25D 5/36 (20130101), Y10T 428/12847 (20150115) and C23C 16/00 (20130101).
Beijing, June 28 — Guangdong Brunp Recycling Technology, Hunan Brunp Recycling Tech and Hunan Brunp EV Recycling have filed a patent application for nickel sulfate purification system. This invention was developed by Yu Haijun, Zhong Yingsheng, Li Aixia, Xie Yinghao, Zhang Xuemei and Li Changdong.
Beijing, June 28 — State Intellectual Property Office of China has received Jiangsu Yuanxiang Alloy Material Tech’s patent application for pure nickel strip slitting machine capable of treating waste materials and finished products in classified mode. Xiao Guoping, Huang Minmin and Zhang Rongmeng developed the invention.
Beijing, June 28 — State Intellectual Property Office of China has released Zhejiang Pentatomic Sciences & Tech’s patent application for nickel and zinc removing device for production of film type zinc-calcium phosphating agent. This invention was developed by Zhu Xiaohui, Zhang Yifan and Shi Xiang.
Beijing, June 28 — State Intellectual Property Office of China has published Qingyuan Jiazhi New Material Res Inst and Guangdong Jiana Energy Tech’s patent application for material supplementing device for producing nickel sulfate liquid. The invention was developed by Ji Yang, Zeng Xu and Zhou Hongyuan.
Beijing, June 28 — Jian Hongdaqiu Tech has sought patent for stirring device for preparing chemical nickel plating liquid medicine. This invention was developed by Yang Yihua and Wen Mingli.
Beijing, June 28 — Jiangsu Yuanxiang Alloy Material Tech has applied for Chinese patent for high-forming-rate pure nickel strip casting system. Xiao Guoping, Huang Minmin and Zhang Rongmeng developed it.
Beijing, June 28 — Jiangsu Xinguanglian Tech has filed a patent application for intelligent mother disc nickel powder recovery device. This invention was developed by Zhang Qi, Wu Miaomiao and Zhuang Yunyan.
Beijing, June 28 — Jiangsu Yuanxiang Alloy Material Tech has submitted a patent application for efficient nickel strap cleaning machine based on PLC control system. This invention was developed by Xiao Guoping, Huang Minmin and Zhang Rongmeng.
Geneva, June 27 — Univ Liverpool has sought patent for improvements in electrochemical reduction of carbon dioxide. This invention was developed by Cowan Alexander J, Neri Gaia, Siritanaratkul Bhavin and Forster Mark.