Nickel Mines has brushed aside reports that the Indonesian Government will impose an export tax on nickel products, stating that comments on the issue have been taken out of context.
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The price of iron ore futures has dropped below US$100 ($137.60) a tonne on the Singapore Exchange as shipments from Port Hedland in Western Australia also continue to decline.
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Mincor Resources has uncovered two high-grade massive sulphide nickel intersections at the Hartley prospect near its Cassini mine in Western Australia.
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The Federal Government has approved Whitehaven Coal’s Vickery extension project in New South Wales, which will see an additional 135 million tonnes of coal produced at the site over a 30-year mine life.
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Newcrest managing director and chief executive officer Sandeep Biswas has flagged the importance of copper to the company’s portfolio as demand for clean energy technologies increases.
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Uranium futures spiked to $US48.55 ($66.16) per pound (lb) on Wednesday, the highest price since 2012 as the market anticipates a new yellowcake cycle. Read More
Pilbara Minerals has almost doubled the price of its spodumene concentrate after completing a second auction through its battery materials exchange (BMX) platform.
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Panoramic Resources has stockpiled more than half of the ore needed at the Savannah nickel operations in Western Australia for a November production restart.
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