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Heap Leach: Mining's Breakthrough Technology

Amid turmoil on commodity markets and a relentless drive by mining companies to increase efficiencies, heap leaching has emerged as a breakthrough technology experiencing stunning growth over the past decade.

Friday, August 21, 2015

First Nickel Goes into Receivership

Legal firm KSV Kofman has been appointed as the receiver of First Nickel after the company’s principle secured lender Resource Capital Fund demanded repayment of all of the obligations owing to it, enforcing its security under the Bankruptcy and Insolvency Ac...

Friday, August 21, 2015

NUM Signs Three-year Wage Deal at Nkomati Following Three-day Strike

The National Union of Mineworkers announced on Thursday that it had signed a three-year wage deal at the Nkomati Nickel mine, which is owned by Patrice Motsepe’s African Rainbow Minerals and Norilsk of Russia.

Friday, August 21, 2015

Western Areas Reports a Profit Rise Despite Weak Market

Despite a challenging price environment, nickel miner Western Areas has reported a 37.5% increase in net profits after tax for the year ended June, as costs were reduced and volumes increased.

Thursday, August 20, 2015

Glencore Maintains Dividend on 29% Lower Earnings

Diversified marketing and mining major Glencore on Wednesday reported 29% lower first-half earnings of $4.6-billion on weaker commodity prices.

Thursday, August 20, 2015

Australian Nickel Refiner Seeks More Ore From New Caledonia

Australian nickel refiner Queensland Nickel has yet to fill its laterite ore quota from New Caledonian suppliers and was eager to increase volume as the South Pacific country faces preddure to lift a ban on exports to China.

Thursday, August 20, 2015

Glencore Stock Getting Hammered as China Slowdown, Commodities Rout Hit Profit

Shares in mining and commodity trader giant Glencore (LON:GLEN) fell more than 9% Wednesday morning, hitting a fresh record low, after it revealed it has swung to a steep, half-year loss and disappointed investors over debt-reduction efforts.

Thursday, August 20, 2015

Nickel up on Spot Demand

[Ferro-Alloys.com]Supported by rising demand from alloy-makers at domestic spot markets, nickel futures traded a shade higher at Rs 680.30 per kg as speculators enlarged positions.

Thursday, August 20, 2015
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