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September 05 to 11

 

Stainless Espresso: Nickel race in China

Steel News

  |   SAT, 10 SEP 2022

The prices of Asian nickel contracts jumped on Monday, in some cases significantly. Italian steelmakers are demanding support from the state. And stainless steel prices in China are rising.

 

Vale sees 44% increase in global nickel demand by 2030

Yahoo

  |   SAT, 10 SEP 2022

Vale said on Wednesday that global demand for nickel should increase 44% by 2030 compared to that expected for this year, due to high demand for use in batteries that power electric vehicles. “Demand for nickel is forecast to increase rapidly this decade with the energy transition,” the company said in a statement, adding that the new forecast would be of 6.2 million tonnes in demand.

 

UK government set to create critical minerals mining agency: CMA

S&P Global

  |   SAT, 10 SEP 2022

The UK government has decided to move forward with creation of a critical minerals mining agency, the country’s Critical Minerals Association, an adviser to the government on its critical minerals strategy, reported Sept. 8.

 

FPX Nickel Scoping Study Outlines Development of World’s Largest Integrated Nickel Sulphate Operation for EV Battery Supply Chain at Baptiste Project in British Columbia

FPX NICKEL CORP

  |   SAT, 10 SEP 2022

FPX Nickel Corp. is pleased to announce the results of an internal engineering scoping study evaluating the production of nickel sulphate for the electric vehicle battery supply chain from the high-grade awaruite nickel concentrate to be produced by the Company’s Baptiste Nickel Project in central British Columbia.

 

Global Energy Metals Commences First-Ever Drill Program at the Lovelock Cobalt-Nickel-Copper Project in Nevada; Provides Raw Material to American Battery Technology Company for Pro..

Global Energy Metals Corp

  |   SAT, 10 SEP 2022

Global Energy Metals Corporation , a company involved in the investment exposure to the battery metals supply chain, is pleased to announce that drilling has commenced at the Lovelock Cobalt-Nickel-Copper project located in the prolific IOCG belt of the Stillwater Range in Nevada, USA.

 

EV Nickel Phase 2 Results: Continued High-Grade Mineralization Including 8.5 Metres Grading 2.14% Ni from the W4 Extension, Now Applying for Mining Lease

Yahoo Finance

  |   SAT, 10 SEP 2022

EV Nickel Inc. is pleased to provide additional exploration drilling results for its Shaw Dome Nickel Project, southeast of Timmins, Ontario. Today the Company reports the assay results of the last eight holes completed in the Phase 2 Drilling, targeting the down plunge potential of the Langmuir W4 Zone (“W4”). seven of the ten holes intersected high-grade nickel sulphide mineralization consistent

 

Follow-up drilling at Dusty hits massive nickel sulphides for Toro

The West Australian

  |   SAT, 10 SEP 2022

The Dusty nickel project in WA’s north-eastern Goldfields continues to deliver for Toro Energy after follow-up drilling at its recently discovered Dimma deposit hit massive and semi-massive nickel sulphides.

 

St George spies lithium potential in WA nickel project

The West Australian

  |   SAT, 10 SEP 2022

St George believes its east-west striking pegmatites lie within a regional corridor that also hosts the major ongoing lithium discovery by ASX-listed Red Dirt Metals at its Mt Ida project just 16km to the south-east.

 

Manitou Gold Provides Exploration Results in Support of Western Nickel Spin-Out

GlobeNewswire

  |   SAT, 10 SEP 2022

Manitou Gold Inc. is pleased provide interim results from its ongoing exploration activities, in support of the initiative to spin out nickel-cobalt-PGE commodities from the Goudreau project into a newly incorporated subsidiary, Western Nickel Corp.

 

Gungnir Drills 2.14% Nickel over 3.3 Metres, 5.15% Nickel over 0.73 Metres, 9.8 Metres of 0.82% Nickel and 349 g/t Silver over 1.72 Metres at Lappvattnet

Yahoo Finance

  |   SAT, 10 SEP 2022

Gungnir Resources Inc. is pleased to report further assays from drilling at the Lappvattnet nickel deposit in northern Sweden. Results are for three drill holes, LAP22-06B, -08 and -09. To date in 2022, the Company has drilled a total of approximately 2,800 metres in 18 holes with further results to follow from drill hole LAP22-10 onward. Please view accompanying map.

 

Nickel North Commence 2022 Field Work at Hawk Ridge Nickel-Copper-PGE Sulphide Project

Daily Herald

  |   SAT, 10 SEP 2022

Nickel North Exploration Corp. is pleased to announce that further to the Company’s news release dated April 5th, 2022, Nickel North’s team, along with Fargo (https://www.fargoexploration.com) are mobilizing to Kuujjuaq, Quebec, scheduled to be on site to commence field exploration work on September 5th 2022.

 

Dragon season all year round for St George, as it goes hunting nickel, copper and lithium

The Australian

  |   SAT, 10 SEP 2022

Nickel, copper and lithium are mainstays of a greener future, with their respective properties making them central for battery and electrification efforts. Nickel traditionally used to make alloys has been finding increased use in batteries, while copper’s use in wires as an electrical conductor is poised to explode as electric vehicles become more common and electrification more widespread.

 

Flying Nickel Drills 113.55 Meters Grading 0.41% Nickel, 0.13 g/t PGM at Minago’s North Limb in Thompson Nickel Belt

Yahoo Finance

  |   SAT, 10 SEP 2022

Flying Nickel Mining Corp. announces initial diamond drill results from the Company’s 100% owned Minago nickel sulphide project 270km south of Thompson, Manitoba. Six holes totaling 2,718 meters were drilled this past winter and the first group of assays have been received from the lab.

 

Ardea plans 55 per cent increase at Goldfields nickel processing hub

The West Australian

  |   SAT, 10 SEP 2022

Ardea Resources aims to significantly increase initial stage nickel-cobalt processing at its proposed Kalgoorlie nickel project Goongarrie Hub with plans to develop a 3.5 million tonne per annum operation.

 

SPC Nickel Intersects 82.6 metres of 0.68% Nickel Equivalent at the Lockerby East Nickel-Copper Project, Sudbury, Ontario

Yahoo

  |   SAT, 10 SEP 2022

SPC Nickel Corp., is pleased to announce new assay results from the 2022 drill program at the Company’s 100% owned Lockerby East Project (the “Project”) located in Sudbury, Ontario. The Lockerby East Project hosts both the past producing Lockerby East Mine and the unmined, near-surface West Graham Nickel-Copper sulphide deposit that contains over 47,000 tonnes of nickel and 34,000 tonnes of copper

 

Tartisan Nickel outlines low-cost underground nickel sulphide mine at flagship Kenbridge project

MINING.com

  |   SAT, 10 SEP 2022

Following a 10,700-metre drill program completed in late 2021, Tartisan Nickel (CSE:TN; US-OTC:TTSRF) has released a preliminary economic assessment (PEA) for its 100%-owned Kenbridge nickel project in northwestern Ontario’s Kenora Mining District.

 

Vale Posts Best Week in 20 Months on Metals Rebound, Nickel Plans

BNN Bloomberg

  |   SAT, 10 SEP 2022

Vale SA capped its best week since January last year amid a recovery in industrial metal prices and as investors welcomed the miner’s latest push to unlock value at its nickel and copper division.

 

2 Beaten-Down Income Stocks With Jaw-Dropping Yields

NASDAQ

  |   SAT, 10 SEP 2022

Dividend stocks with sky-high yields (greater than 10%) are normally trouble. An elevated yield more often than not indicates a company with deteriorating fundamentals and/or a less-than-optimal outlook.

 

ASX tumbles as energy and mining stocks lead losses

finnewsnetwork

  |   SAT, 10 SEP 2022

Australian shares have started the day lower, taking cues from Wall Street as traders assess fresh US economic data in volatile trading.

 

Stainless Espresso: Nickel jumped +8.5% Rally on the commodity exchanges

Steel News

  |   SAT, 10 SEP 2022

Nickel futures in Asia jumped significantly today. In some cases by more than 8.5%. LME nickel also started trading with significant gains. Overall, base metals, not only in Asia, are up clearly today. What happened?

 

SMM Evening Comments (Sep 8): Shanghai Nonferrous Metals Closed with Gains

SMM news

  |   SAT, 10 SEP 2022

Shanghai nonferrous metals closed mostly with gains. Overnight US dollar index dropped after hitting high, which did not put further pressure on the base metals. Nonetheless, the US monetary policy in September is still expected to be hawkish.

 

Aluminium, copper prices climb on worries about supply amid stoppages

Business Standard

  |   SAT, 10 SEP 2022

Aluminium and copper prices marched higher on Thursday on worries that stoppages due to high energy prices or other disruptions will spur shortages. Benchmark aluminium on the London Metal Exchange was up 1.6% to $2,271 a tonne, while copper was 2.5% higher at $7,811 by 1600 GMT.

 

Lundin Mining (OTCMKTS:LUNMF) Given New C$7.75 Price Target at Credit Suisse Group

Defense World

  |   SAT, 10 SEP 2022

Lundin Mining (OTCMKTS:LUNMF – Get Rating) had its price objective reduced by Credit Suisse Group from C$8.50 to C$7.75 in a research note published on Thursday, The Fly reports. A number of other equities research analysts have also issued reports on the company.

 

Alexander Mining (LON:AXM) Stock Passes Below Two Hundred Day Moving Average of $0.03

Defense World

  |   SAT, 10 SEP 2022

Alexander Mining plc (LON:AXM – Get Rating)’s stock price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 0.03 ($0.00) and traded as low as GBX 0.03 ($0.00). Alexander Mining shares last traded at GBX 0.03 ($0.00), with a volume of 55,273,789 shares traded.

 

NiCAN Doubles Land Position at the Pipy Project in Thompson, Manitoba

Junior Mining Network

  |   SAT, 10 SEP 2022

NiCAN Limited has expanded its land position at its Pipy Project along the Thompson Nickel Belt, now totaling over 24 km2 of prospective ground (Figure 1). The new claims, known as Pipy North, cover an area of 11.84 km2, and are contiguous with Vale’s property to the south.

 

Statera Biopharma Receives Nasdaq Listing Determination; Hearing Requested to Address Filing Delinquency

StreetInsider.com

  |   SAT, 10 SEP 2022

Statera Biopharma, Inc., a biopharmaceutical company creating next-generation immune therapies that focus on immune restoration and homeostasis, today announced – as disclosed via the Company’s Current Report on Form 8-K as filed with the Securities and Exchange Commission on Friday, September 9, 2022

 

Premium Nickel Resources Ltd. Reports Additional Assays on Historic Core Samples and Update on Underground Grab Sample Assays from Selkirk Mine

Yahoo Finance

  |   SAT, 10 SEP 2022

Premium Nickel Resources Ltd. is pleased to report additional assay results from the sampling of historic core and an update on an underground grab sampling program at its 100% owned Selkirk nickel-copper-cobalt-platinum group elements sulphide Mine in Botswana.

 

Palladium One Mining Discovers New Zone with Massive Nickel-Copper Sulphides at the Tyko Project, Ontario, Canada

Junior Mining Network

  |   SAT, 10 SEP 2022

Palladium One Mining Inc. is pleased to announce the second discovery of massive nickel-copper sulphide on the Tyko Project, this time at the West Pickle target, some 20-kilometers west of the initial 2020 discovery of massive sulphides at the Smoke Lake zone.

 

Sixty North Gold Defines a Large IOCG Target on the Mon Property

Yahoo Finance

  |   SAT, 10 SEP 2022

Sixty North Gold Mining Ltd. (CSE: SXTY) (FSE: 2F4) (OTC Pink: SXNTF) (the “Company” or “Sixty North Gold”): The Company is pleased to report that recent work has defined the 3.2 km by 0.6 km alteration zone on its Mon Property as an Iron Oxide Copper Gold (IOCG) deposit.

 

Murchison Intersects Extensive Sulphide Mineralization at BDF pXRF Results Include 11.50 m Estimated at 2.13% Ni, 0.64% Cu, and 0.10% Co Expands Zone of Mineralization

Yahoo

  |   SAT, 10 SEP 2022

Murchison Minerals Ltd. (“Murchison” or the “Company”) (TSXV:MUR | OTCQB:MURMF) is pleased to announce results analysed using a portable x-ray fluorescence (pXRF) from the first diamond drillhole, at the Barre de Fer (“BDF”) zone, as part of the 2022 Summer Exploration Program on the 100%

 

MINCO SILVER CORPORATION STARTS INITIAL EXPLORATION PROGRAM ON ITS NORWEGIAN PROJECTS

Yahoo Finance

  |   SAT, 10 SEP 2022

Minco Silver Corporation announced today that it had started an initial exploration program on its newly acquired Sagvoll and Sulitjelma projects in Norway.

 

Novo Resources: High-Quality Gold Targets Advanced at Purdy’s North, Becher Area, and Nunyerry

Junior Mining Network

  |   SAT, 10 SEP 2022

Comprehensive exploration update regarding large-scale exploration programs underway across Novo’s highly prospective 11,000 sq km portfolio of Pilbara tenements (Figure 1). Purdy’s North reverse circulation (RC) drilling is ongoing at the Morto Lago gold-copper target with drilling intersecting several zones of quartz-veining and alteration

 

Decade Resources Announces Non-Brokered Private Placement

Junior Mining Network

  |   SAT, 10 SEP 2022

Decade Resources Ltd (TSXV: DEC) (“Decade” or the Company) announces that it has cancelled the August 2, 2022 private placement and is using its best efforts to complete a non-brokered private placement of flow-through and non-flow-through shares to raise aggregate gross proceeds of up to $780,000.

 

Sumitomo Metal Mining : Q&A transcript of the Telephone Conference for Financial Result of 1st Quarter FY2022

MarketScreener

  |   SAT, 10 SEP 2022

I’d like it if you could once again go over the explanation for the conditions of the market acting as assumptions used in the operating results forecast, both for the first half of the year and the full year. While assumptions for copper prices in the second half of the year are at $8,200/t

 

ALX Resources Corp. Stakes Hydra Lithium Project, James Bay Region, Quebec

MarketWatch

  |   SAT, 10 SEP 2022

ALX Resources Corp. is pleased to announce that it has acquired by staking the Hydra Lithium Project (“Hydra”, or the “Project”) in the James Bay region of northern Quebec, Canada. Hydra consists of 306 mineral claims in four sub-projects totalling 15,837 hectares (39,134 acres), located in a world-class lithium exploration district that hosts several significant lithium-cesium-tantalum (“LCT”) type pegmatites.

 

PNG Copper: Announcement of Assay Results

Junior Mining Network

  |   SAT, 10 SEP 2022

PNG Copper Inc. (CSE: PNGC) (“PNG Copper” or the “Company”) announces that assay results have been received from the first three drillholes of the recently completed four-hole drill program at the Doriri nickel-palladium-platinum prospect, Mt Suckling, Papua New Guinea.

 

Battery Metals Royalties and Silver Elephant Mining Announces Debt Settlement

Junior Mining Network

  |   SAT, 10 SEP 2022

Battery Metals Royalties Corp. (“Battery Metals”) and Silver Elephant Mining Corp. (TSX: ELEF) (OTCQX: SILEF) (FSE: 1P2) (“Silver Elephant”) announce that Battery Metals has entered into a debt settlement agreement with Silver Elephant pursuant to which Battery Metals will transfer an aggregate of 1,440,352 common shares of Flying Nickel Mining Corp.

 

Bravo Continues to Intersect High-Grade PGM’s and Ni Sulphide at Luanga

Yahoo Finance

  |   SAT, 10 SEP 2022

Bravo Mining Corp. (TSX.V: BRVO), (“Bravo” or the “Company”) today announced that it has received assay results from a further twelve infill diamond drill holes (“DDH”), from its wholly owned Luanga PGM (palladium + platinum + rhodium) + gold + nickel project (“Luanga”), located in the Carajas Mineral Province, state of Par, Brazil.

 

Mosaic Begins Drilling on 113 North

Yahoo Finance

  |   SAT, 10 SEP 2022

Mosaic Minerals Corporation announces that it has started the drilling campaign of a minimum of 1,000 meters on the 113 North property. The company’s management wants to test the possible continuity of an ultramafic associated with the Fortin/Ducros showing of Quebec Nickel, located approximately 300 meters south of the property boundary.

 

New catalyst offers a more affordable way to produce hydrogen from seawater

EurekAlert!

  |   SAT, 10 SEP 2022

Hydrogen has drawn attention in recent years as a potential source of clean energy because it burns without producing climate-damaging emissions. However, traditional hydrogen production methods have a substantial carbon footprint, and cleaner methods are expensive and technically complex.

 

Sama Resources Reports additional high-grade drill intercepts from the Grata Prospect, located in the Ivory Coast, West Africa

Junior Mining Network

  |   SAT, 10 SEP 2022

Sama Resources Inc. (“Sama” or the “Company”) (TSXV:SME) (OTC:SAMMF) is pleased to announce the assay results from additional drilling from the 2021-22 drilling campaign at the Grata Nickel Copper Palladium prospect. To date, Sama has drilled a total of 64 drill holes totalling 15,924 metres at the project in 2022 with 45 drill holes totalling 14,995 metres at Grata alone.

 

Ivanhoe Mines Ltd.: Ivanhoe Mines Reports Fatality at the Kamoa-Kakula Mining Complex

Finanznachrichten.de

  |   SAT, 10 SEP 2022

Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) regrets to report that a fatal accident has occurred at the Kamoa-Kakula Mining Complex in the Democratic Republic of Congo (DRC). The fatal accident occurred at the underground Kansoko Mine in a development area when a fall of ground struck a Kamoa Copper employee.

 

A new collective agreement at Raglan Mine Francais

News Wire

  |   SAT, 10 SEP 2022

Members of the United Steelworkers, Local 9449, representing Raglan Mine’s production and maintenance employees, have supported the tentative agreement concluded on August 26 in a voting process that ended today. The favourable vote ends the strike that began on May 27 and puts in place a five-year collective agreement.

 

Strike over: United Steelworkers ratify collective agreement with Raglan Mine

Yahoo

  |   SAT, 10 SEP 2022

Members of the United Steelworkers Union, Local 9449 representing about 630 mine workers voted 60.8 per cent in favour of the tentative agreement the two sides reached a week and a half ago, according to union representative Cimon Guy.

 

Talon Metals Hits 29.39 Meters Grading 2.21% Nickel Equivalent at the Tamarack Nickel Project

Markets Insider

  |   SAT, 10 SEP 2022

Talon Metals Corp. is pleased to provide an update on the Tamarack Nickel-Copper-Cobalt Project (“Tamarack Nickel Project”), located in central Minnesota. Today, Talon reports assays from fourteen (14) new drill holes in the CGO West area, located outside of the Tamarack Nickel Project’s main resource area.

 

How investors are trying to ride the electric car wave

WA Today

  |   SAT, 10 SEP 2022

Electric cars make up a fraction of the vehicles on Australian roads, but many in the financial markets are already eyeing off the potential spoils from motorists moving away from traditional petrol engines.

 

Vale (VALE3) updates plans for copper and nickel: what to expect for the company’s base metals segment

playcrazygame

  |   SAT, 10 SEP 2022

Vale (VALE3) held a meeting with investors last Wednesday (7th) in Sudbury, Canada, at the heart of its Base Metals Division. For analysts who followed the event, the mining company brought a positive outlook, highlighting its base metals arm.

 

WHY Resources high-grade magnesium oxide secures critical minerals supply chain

Innovation News Network

  |   SAT, 10 SEP 2022

Geopolitical, environmental, social, governance (ESG) and global reserve depletion are all factors that are likely to be the main sources of risk in critical mineral supply over the coming decades. West High Yield (W.H.Y.) Resources Ltd. is an advanced-stage mining exploration and development company focused on the acquisition

 

What Do Electric Cars Really Cost?

Foreign Policy

  |   SAT, 10 SEP 2022

Clean cars drive some very dirty businesses and grubby regimes. That’s the main takeaway from Henry Sanderson’s fine new book Volt Rush: The Winners and Losers in the Race to Go Green. Among the winners he describes are copper miners exploiting child labor

 

Pressure is on to start mining the deep sea. Is it worth it?

MSN

  |   SAT, 10 SEP 2022

Abattle is brewing over the future of the ocean floor that pits the fate of this little-known ecosystem against humanity’s demand for critical minerals and a Vancouver company is leading the charge. The Metals Company (TMC), formerly known as DeepGreen Metals, wants to mine potato-sized rocks known as polymetallic nodules

 

Vedanta or NALCO Which is the Better Dividend Stock

Livemint

  |   SAT, 10 SEP 2022

Have you heard stories at a dinner party where people elaborate how they pay off their monthly expenses from the dividends they receive I sure have Isn’t that great Tens of thousands of rupees received in the form of dividends to pay off your bills!

 

Contact Dermatitis: Can A Nickel Allergy Be The Cause?

EMERGENCY LIVE

  |   SAT, 10 SEP 2022

Nickel, in fact, is a metal typically used in jewellery, piercings, watches and various everyday objects, such as keys, coins, clothing zips and even in cosmetics, detergents and electronic cigarettes, or door handles.

 

Why are ASX 200 mining shares getting blasted on Wednesday?

The Motley Fool

  |   SAT, 10 SEP 2022

Most ASX 200 mining shares are trading in the red on Wednesday amid a broader market sell-off The ASX 200 materials sector is one of the ASX 200’s worst performing sectors, slumping 1.69%. Its suffering comes after iron ore futures fell 0.9% overnight

 

Are electric cars really green? #WorldEVDay

TimesNowNews

  |   SAT, 10 SEP 2022

Electric cars are set to capture half of global passenger vehicle sales from regular Internal Combustion Engine (ICE) -powered vehicles. From swappable battery stations to dedicated EV charging stations, the whole mobility ecosystem is witnessing a massive transition worldwide.

 

Why India needs to secure its critical minerals supply chains

Hindustan Times

  |   SAT, 10 SEP 2022

During the 26th session of the Conference of Parties, India committed to meeting half of its electricity requirements from renewable sources by 2030 compared to a quarter today, reducing the economy’s carbon intensity to less than 45% cent in 2030 compared to 2005 levels

 

Why is the Nickel Industries share price getting hammered on Tuesday?

The Motley Fool

  |   SAT, 10 SEP 2022

It’s been a bouncy, yet overall negative day for the S&P/ASX 200 Index (ASX: XJO) so far this Tuesday. At present, the ASX 200 has fallen by a tentative 0.058% and is trading at just above 6,850 points.

 

Gonneville a Seemingly Bottomless Well for Chalice

ShareCafe

  |   SAT, 10 SEP 2022

There’s growing evidence of a major extension of Chalice Mining’s already rich and large nickel, copper, platinum, gold and cobalt Gonneville discovery at Julimar, 70 kilometres northeast of Perth. In a surprise statement to the ASX on Tuesday

 

The EV Problem: The US has Regulated Itself Out of the Supply Chain

Medium

  |   SAT, 10 SEP 2022

The Inflation Reduction Act, signed into law by President Biden on Wednesday, is poised to boost the financial incentive of purchasing electric vehicles while reducing China’s involvement in the supply chain. There’s just one problem nearly all of the materials that go into an EV battery, cobalt, nickel, graphite, and graphite, are not made in the US.

 

The potash story, Sabina greenlights Goose, and a busy week in B.C. mining

CIMMAGAZINE

  |   SAT, 10 SEP 2022

Welcome back to your weekly mining news recap, where we catch you up on some of the news you may have missed. This week’s headlines include Glencore’s environmental challenge in Australia over its net-zero strategy, 03’s Marban Engineering project takes shape, and a milestone for the first industrial sea floor mining project.

 

BHP says copper strategy does not depend on M&A after OZ Minerals snub

MINING.com

  |   SAT, 10 SEP 2022

BHP Group’s plans to grow its copper business are not dependent on acquisitions, the global miner’s chief executive told shareholders on Thursday, after the rebuff of its bid to take over a smaller Australian copper and nickel firm.

 

Clean Air Metals Is Championing a Sustainable Renewable Energy Future

Born2Invest

  |   SAT, 10 SEP 2022

In the clean air energy revolution, we hear a lot of talk about the importance of lithium. But what about all the other minerals that we’re going to need After all, renewable energy isn’t going to be created on lithium batteries alone, which is about the only thing lithium is good for outside of a handful of applications in things like industrial drying and medicine.

 

Mallee Resources making progress with Avebury Nickel Mine as investors cough up, sales revenue soon

The Advocate

  |   SAT, 10 SEP 2022

Mallee Resources making progress with Avebury Nickel Mine as investors cough up, sales revenue soon

First Class Metals Discovers High-Grade Nickel Zone in Canada; Shares Rise

MarketWatch

  |   SAT, 10 SEP 2022

First Class Metals Discovers High-Grade Nickel Zone in Canada; Shares Rise

Global copper and nickel smelting rebounds in August, satellite data shows

MINING.com

  |   SAT, 10 SEP 2022

Global copper smelting rebounded slightly in August as stronger activity in South America, Europe, and Africa offset weaker production in China, data from satellite surveillance of metal processing plants showed on Tuesday.

 

Xander Resources Provides Exploration Update at Timmins Nickel Project

Junior Mining Network

  |   SAT, 10 SEP 2022

The Company is pleased to announce that EarthEx Geophysical Solutions Inc. has completed the UAV borne magnetic survey over specific targets at the northern claim block and is presently awaiting the results. A total of 145 line-kilometres at 50 metre line-spacing with 500 metre tie-lines was flown as part of the UAV borne magnetic survey.

 

The Drift: Temiskaming cobalt, nickel refinery will be an $800M venture

Northern Ontario Business

  |   SAT, 10 SEP 2022

The price tag to build a Temiskaming battery materials industrial park will be in the neighbourhood of $720 million to $850 million. Electra Battery Materials announced the results of a scoping study this week that crunched the economic numbers of the proposed development situated between the town of Cobalt and Temiskaming Shores.

 

EU, U.S. step up Russian aluminium, nickel imports since Ukraine war

Reuters

  |   SAT, 10 SEP 2022

The European Union and United States have ramped up buying key industrial metals from Russia, data showed, despite logistical problems spurred by the war in Ukraine and tough talk about starving Moscow of foreign exchange revenue.

 

Mining the foundation of energy transition: Albanese

innovationAus.com

  |   SAT, 10 SEP 2022

Prime Minister Anthony Albanese has expressed his eagerness to collaborate with the mining sector to reduce carbon emissions and support domestic industry in the global competition to supply renewable energy infrastructure.

 

IIT-BHU research on removal of metal from water

daijiworld.com

  |   SAT, 10 SEP 2022

IIT-BHU has done research on the removal of copper, nickel and zinc from contaminated water using fired and non-fired beads. The research presents a comparative study between fired and non-fired beads to remove copper, nickel and zinc ions from the aqueous phase.

 

Tozero raises EURO 3.5 million in funding

electrive.com

  |   SAT, 10 SEP 2022

Munich-based startup Tozero, which specializes in recycling lithium-ion batteries, has raised EURO 3.5 million in a pre-seed round. According to the company, it developed a novel process to recover critical materials from batteries. The funds will be used to build a prototype plant.

 

Delivering record mining royalties

Premier of Tasmania

  |   SAT, 10 SEP 2022

Tasmania’s mining and minerals processing sector continues to go from strength to strength. It contributes the lion’s share of our exports by value – a staggering $3.1 billion in the 12 months to June 2022, or more than 65 per cent.

 

Nickel Asia heeds DepEd’s call with a PSR for Manicani

BusinessMirror

  |   SAT, 10 SEP 2022

The Department of Education (DepEd) issues an appeal to the private sector to donate school supplies as face-to-face classes resume and as prices of learning materials increase. Employees of Nickel Asia Corp. (NAC) respond to the DepEd call with a Personal Social Responsibility (PSR) program they call “Lapis at Papel, Kapalit ay Ngiti”.

 

Chalice Mining share price lifts on positive exploration results today

The Motley Fool

  |   SAT, 10 SEP 2022

The Chalice Mining share price is climbing after the company announced exploration results that suggest its Gonneville project may hold more gold than anticipated 2D seismic readings identified a plunge extension that ran for around 1.6km north-west of the resource and is around 500m below surface

 

Nickel Ore Prices Remained Rangebound with Some Downward Potential last Week

SMM news

  |   SAT, 10 SEP 2022

Ore prices fluctuated with occasional drops last week in the sluggish market. Last Friday, the SMM average price of Ni 1.5% ore stood at $67.5/wmt on a CIF basis, down $1/wmt from a week earlier. On the demand side, the NPI and stainless steel markets were slack.

 

Cutting-edge exploration and mining technology supercharging a smarter, more efficient future

Stockhead

  |   SAT, 10 SEP 2022

Mining companies are under a global magnifying glass. Consumers are demanding sustainability, not only from manufacturers but along the entire supply chain, from the moment the mineral is found to when it appears in the products they are purchasing.

 

Senator pushes processing plants for mining

Business World

  |   SAT, 10 SEP 2022

THE GOVERNMENT should maximize profits from the mining industry by encouraging investors to set up local processing plants, a senator said at the weekend, amid a proposal for a new mining regime. “We cannot allow mining companies to just leave the country after the extractive activity is finished,”

 

Nickel Asia’s donation

manilastandard.net

  |   SAT, 10 SEP 2022

The students of Manicani in Guiuan, Eastern Samar are this year’s recipients of Nickel Asia Corp.’s “Lapis at Papel” Personal Social Responsibility program. The program is a companion to NAC’s corporate social responsibility program in support of the Department of Education’s yearly “Brigada Eskwela.” Manicani is where NAC’s subsidiary, Hinatuan Mining Corp.-Manicani Nickel Project, operates.

Ecuador reaches preliminary deals on oil, mining with indigenous groups

Reuters

  |   SAT, 10 SEP 2022

Ecuador reached a preliminary agreement with indigenous groups to declare a temporary moratorium on 16 oil blocks, Energy and Mining Minister Xavier Vera said on Wednesday, a turning point in negotiations aimed at staving off renewed street protests.

 

Magna Mining to Resume Trading Following Signing of Definitive Agreement to Acquire Lonmin Canada Inc.

GoldSeiten.de

  |   SAT, 10 SEP 2022

– Magna Mining Inc. (TSXV: NICU) (the “Company” or “Magna Mining”) is pleased to announce that, as set out in the bulletin of the TSX Venture Exchange (the “TSX-V”) issued yesterday afternoon, its common shares will resume trading on Thursday, September 8, 2022.

 

85-year-old mine could reopen near Kenora

KenoraOnline.com

  |   SAT, 10 SEP 2022

An 85-year-old mine in the Kenora area could be reactivated to help supply North America’s electric vehicle industry with nickel and copper. The Tartisan Nickel Corporation has filed a preliminary economic assessment of their Kenbridge Nickel property near Kenora

 

Chalice Mining (ASX:CHN) identifies potential 1.6km Gonneville extension

The Market Herald

  |   SAT, 10 SEP 2022

Chalice Mining (CHN) has identified a potential 1.6-kilometre extension to the Gonneville Intrusion within its Julimar Project in Western Australia. The company completed a recent 2D seismic survey over the Gonneville-Hartog area, with work highlighting the potential plunge extension of the Gonneville Intrusion 1.6 kilometres northwest of the resource and 500 metres below surface.

 

Mining Companies See Opportunity In Wyoming But Permitting Time Takes 10 Years

Cowboy State Daily

  |   SAT, 10 SEP 2022

Mineral exploration companies are looking for valuable minerals to mine in Wyoming. The prospects look good for gold, copper, zinc, nickel, and platinum mining in the Cowboy State, but realizing that investment runs up against a heavily bureaucratic permitting process, which can easily take a decade.

 

Mining company hunts for precious minerals under Aberdeenshire farms

The Scottish Farmer

  |   SAT, 10 SEP 2022

Starting this weekend, Aberdeen Minerals will be flying a helicopter in the area between Maud in the north down to Belhelvie in the south and from the coast to Insch in the west. Using a machine which produces an electronic pulse, the helicopter will produce data to map the geology of the area with the daily flights taking a month to complete the 3700km survey.

 

Resource Mining Corporation advances due diligence at Finnish nickel and lithium projects

Proactiveinvestors

  |   SAT, 10 SEP 2022

Resource Mining Corporation Ltd (ASX:RMI) is progressing due diligence at Ruossakero Nickel Project in Northern Finland, Kola Lithium Project in Central Finland and Hirvikallio Lithium Project in Southern Finland.

 

Bonded Zone Inventory of Pure Nickel Dropped Slightly as the Terminals Picked up

SMM news

  |   SAT, 10 SEP 2022

According to SMM research, the bonded zone inventory stood at 6,400 mt this week. The inventory of nickel briquette was 2,150 mt, and that of nickel plate was 4,250 mt. Inventory of nickel briquettes and nickel plates both decreased slightly because the steel mills will probably resume the production in September.

 

Friday Cotton Closes another Nickel Lower

The Globe and Mail

  |   SAT, 10 SEP 2022

Futures fell another nickel in the March and December contracts, going home at the low of the day on a second limit loss. The market will be closed Sunday evening and Monday for Labor Day but will resume trading Monday evening. For the week, that left December 14.47 cents (12.3%) lower than last Friday. Economic concerns were front and center, notably the Chengdu COVID lockdown in China and recession nervousness in the US.

 

Blencowe Resources cuts exposure to Akelikongo nickel project to focus on its flagship Orom-Cross graphite project

Proactiveinvestors

  |   SAT, 10 SEP 2022

Blencowe Resources PLC (LSE:BRES) said it terminated its agreement with SIPA Resources relating to the Akelikongo nickel project so that it can focus on its flagship Orom-Cross graphite project. Blencowe, which bought the right to earn in to the Akelikongo project in February

 

Zenith Minerals (ASX:ZNC) defines new nickel-copper PGE drill target at Waratah Well JV

The Market Herald

  |   SAT, 10 SEP 2022

Zenith Minerals (ZNC) has defined a new nickel-copper platinum group element target at the Waratah Well project in Western Australia. The project is part of the Zenith lithium joint venture (JV) with EV Metals, under which ZNC retains 100 per cent of the platinum group elements recovered.

 

Chinese Waste Handler Weiming Teams Up With GEM on Second Nickel Plant in Indonesia

YicaiGlobal

  |   SAT, 10 SEP 2022

Zhejiang Weiming Environment Protection is joining forces with GEM, one of China’s biggest suppliers of battery raw materials, to build a laterite nickel smelting factory in Indonesia, which will be the second for each of them, as the Chinese solid waste disposal company expands its footprint in the battery materials sector.

 

Poseidon Nickel picks Green Gold as preferred partner for Windarra Gold Tailings Project processing

Proactiveinvestors

  |   SAT, 10 SEP 2022

Poseidon Nickel Ltd (ASX:POS, OTC:PSDNF) has chosen to partner with Green Gold Projects Pte Ltd (GGP) to develop and operate the Windarra Gold Tailings Project in Western Australia, a move the company says is in the best interest of shareholders as it focuses firmly on the restart of its Black Swan Nickel Project.

 

Vale and partners to invest in nickel project in Indonesia

Mining Technology

  |   SAT, 10 SEP 2022

Indonesian mining company PT Vale Indonesia has signed a deal with the China-based Shandong Xinhai Technology and a unit of China Baowu Steel Group to invest in a proposed nickel processing plant on the island of Sulawesi.

 

Errawarra picks up the Andover West nickel project, plans much exploration asap

Stockhead

  |   SAT, 10 SEP 2022

Importantly, the Project covers an area of 100km2 in a very favourable geological setting for nickel in the West Pilbara, close to Azure Minerals’ (ASX:AZS) advanced Andover nickel exploration project which hosts a Mineral Resource of 4.6Mt at 1.11% nickel, 0.47% copper and 0.05% cobalt.

 

Of nickel, hybrids and electric cars

Manila Bulletin News

  |   SAT, 10 SEP 2022

Two weeks ago California state regulators announced the prohibition on the sale of new gas-powered vehicles by 2035 to reduce carbon emission to fight climate change. It calls to mind the pleasure of seeing an array of luxury cars while cruising the 405 or 101 freeways of LA County.

 

Newly listed junior NiCAN hits 27.3 metres of 2% nickel and 1.81% copper in Manitoba

The Northern Miner

  |   SAT, 10 SEP 2022

Fresh off its early August listing on the TSX Venture Exchange, NiCAN Ltd. (TSXV: NICN) has released results from its first two drill holes at its Wine project in Manitoba. Hole 22-05 intersected three distinct zones of mineralization, including 27.3 metres…

EU and U.S. step up Russian aluminum, nickel imports despite ongoing war in Ukraine: data

The Globe and Mail

  |   SAT, 10 SEP 2022

EU and U.S. step up Russian aluminum, nickel imports despite ongoing war in Ukraine: data

Caeneus targets resource estimate after WA drilling program

The West Australian

  |   SAT, 10 SEP 2022

Perth-based developer Caeneus Minerals has concluded a 20-hole, 4000m-plus RC drilling campaign at its Highway nickel-cobalt-copper-palladium deposit that is part of the company’s larger Pardoo project near Port Hedland in WA. The program’s phase two infill holes were aimed at collecting metallurgical and geological data ahead of a 2023 mineral resource estimate at the operation.

 

Si6 hunting down nickel-sulphide bounty in Botswana

The West Australian

  |   SAT, 10 SEP 2022

Soil samples taken from Si6 Metals’ Maibele East and Mashambe prospects in Botswana have revealed elevated levels of copper, zinc and nickel suggesting the possibility of nickel-sulphide deposits lurking beneath. Identified by X-ray fluorescence analysis

 

Quebec Nickel reports strong assays from step-out drilling at Fortin Sill Zone at its Ducros project

Proactiveinvestors

  |   SAT, 10 SEP 2022

Quebec Nickel Corp (CSE:QNI, OTCQB:QNICF) CEO David Patterson joined Proactive’s Stephen Gunnion with details of new assay results from step-out drilling completed at the Fortin Sill Zone, at the Ducros Project in Quebec.

 

China issues rules for nickel briquettes delivery in futures market

NASDAQ

  |   SAT, 10 SEP 2022

The Shanghai Futures Exchange has issued rules for companies seeking to deliver nickel briquettes against its nickel futures contract, in a further step towards allowing the product to be used for trading.

 

ANALYSIS-Nickel meltdown puts spotlight on LME’s search powers

NASDAQ

  |   SAT, 10 SEP 2022

Stung by an epic crisis in nickel trading, the London Metal Exchange is ushering in new rules to boost transparency. From Monday, members of the world’s oldest and largest venue for buying and selling industrial metals will have to give the exchange weekly reports on their over-the-counter (OTC) trades — bilateral deals between members and clients.