Western Areas has resumed operations at the Forrestania nickel mine in Western Australia following a bush fire incident last week.
Western Areas has reported a threatening bush fire in the area of the Forrestania nickel operation in Western Australia.
Nickel prices have surged to the highest levels in five years amidst global supply fears stemming from Indonesia.
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.
Western Areas has signalled its intentions to ramp up nickel production in response to signs of “tightening supply” of the commodity.
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.
Australian-based nickel sulphide producer Western Areas has reported significant improvements on the grade of ore mined and cost of production during the March 2019 quarter.
Western Areas has shown strong progress at the Odysseus project at the Cosmos nickel operations in Western Australia, with its stage two early works program kicking off with contractor Barminco on schedule.
Ausdrill has won a series of mining services contracts in Western Australia worth $171 million, including underground work with Regis Resources via last year’s acquisition, Barminco.
Western Areas’ recently approved Odysseus underground nickel project in Western Australia is on track after hitting several early-stage milestones.
Western Areas has approved the Odysseus nickel project at its Cosmos operations in Western Australia after delivering a positive definitive feasibility study (DFS).
Western Areas has reported increasing customer demand from the likes of the world’s largest stainless steel company, Tsingshan Group.
Nickel-focused producer Western Areas has entered a farm-in and joint venture (JV) with Iluka Resources over the Western Gawler exploration area in South Australia.
Nickel miner Western Areas has completed construction and commissioning of the Mill Recovery Enhancement Project (MREP) for the production of high-grade nickel sulphides.
The nickel miner has approved plans to launch a $32 million early works program on the Odysseus project at its Cosmos operations in Western Australia.
Nickel miner Western Areas is receiving increased interest in its product from the electric vehicle (EV) battery sector, which is pursuing off-take agreements at two of the company’s growth projects.
Underground mining contractor Barminco has been awarded a three-year extension to its long running contract at Western Areas’ Forrestania nickel operations in Western Australia.
Australia’s OceanaGold plans to take legal action if a proposed move in the Philippines to suspend or close a series of mines in the country, including its Didipio operation, for environmental reasons goes ahead.
Australian miners are likely to be affected by changes made to Indonesia’s mining policy for exports of minerals including nickel and bauxite.
Nickel miner Western Areas has secured another off-take contract, this time with an existing customer, BHP Billiton’s Nickel West.