Poseidon Nickel will restart its Black Swan nickel operations in Western Australia due to stronger and improving spot nickel prices over recent months.
BHP expects that a diversified commodity portfolio combined with increased access to technology will drive the company’s balance sheet as it grapples with growing global uncertainty.
Stay on top of the most popular stories on Australian Mining over the past week, including the biggest monthly fall in the iron ore price in eight years.
Panoramic Resources has failed to reach its forecast ore output at the Savannah nickel-copper-cobalt project in Western Australia over the past two months following a much-improved June quarter.
Nickel prices have surged to the highest levels in five years amidst global supply fears stemming from Indonesia.
Regis Resources has acquired 35 Western Australian gold tenements from Duketon Mining for $25 million, increasing its landholding by 2000 square kilometres.
Western Areas has boosted its financial position in the 2019 financial year off the back of a higher nickel price and increased sales at its Forrestania operations.
BHP’s operational improvements in the 2019 financial year have been offset by poor weather, resource headwinds and unplanned outages.
Stay on top of the most popular stories on Australian Mining over the past week, including BHP’s plans to expand its Nickel West division in Western Australia.
BHP is accelerating the development of its Nickel West division ahead of expected growth in demand driven by the electric vehicle sector.
First Quantum is planning to resume operations at the Ravensthorpe nickel mine in Western Australia during the first quarter of next year.
Western Areas has signalled its intentions to ramp up nickel production in response to signs of “tightening supply” of the commodity.
BHP remains optimistic about delivering high volumes over the next year despite recording approximately $US1 billion ($1.42 billion) in negative movement in productivity for the 2019 financial year.
Western Areas continues to expand its Odysseus project in Western Australia through the development of further orebodies, while completing its early works program on schedule.
In recent memory and even today, nickel has predominately been used to drive the rapid modernisation of developing economies, most notably China and India.
Independence Group (IGO) now owns 90 per cent of the Plumridge nickel project in the Fraser Range, Western Australia after completing its farm-in expenditure with joint venture partner Arrow Minerals.
BHP and Mitsubishi Development (MDP) have signed a memorandum of understanding (MOU) to work together to pursue emissions reductions.
Chalice Gold Mines is set to secure a significant nickel sulphide exploration opportunity in the west Kimberley region of Western Australia after acquiring North West Nickel.
Australian Mines announced that its Sconi cobalt-nickel-scandium project in North Queensland could generate $5 billion in free cashflow over the mine life.
Clean TeQ Holdings is appointing Macquarie Capital to search for a partner to work on the company’s Sunrise battery materials complex in New South Wales.