French mining group Eramet said on Wednesday it had reached an agreement with the French government to continue its subsidiary SLN's mining operations in New Caledonia's Northern Province.
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Mounting issues, including a $1.6 billion-write down related to the ailing mines, pushed the mining giant to announce in 2019 its intention to exit New Caledonia.
France will continue talks until the end of February to save New Caledonia's nickel industry, the finance ministry said on Monday, after failing to reach a deal last month to fill a massive ...
Glencore (LON: GLEN) said on Monday it will close and sell its stake in the loss-making Koniambo Nickel SAS (KNS) business it co-owns in New Caledonia, as a sharp drop in the metal prices continues to hit the industry.. The Swiss miner and commodity trader said it would look for a new partner for the nickel mine and processing plant in the French territory, …
NMMC is currently ranked as the fourth-largest gold mining company in the world, producing 2.9 million oz. of the metal in 2023. Staff Writer | August 13, 2024 | 11:28 am More News
The company will divest its New Caledonia operation, eyes Indonesia for expansion. News. ... Suppliers Equipment; TOP 50; USA; Canada; Australia; Regions. Africa; ... Brazilian mining giant Vale ...
Nickel futures rose as much as 5.7%, the biggest intraday gain since April 15, on the London Metal Exchange. They were trading up 5.5% at $20,880 a ton as of 8:07 a.m. in the UK capital. Other ...
Caledonia's Blanket Mine: New shaft rejuvenates an 'old timer'. By Arthur Tassell. April 1, 2024. Roughly ten years ago, the outlook for Caledonia Mining's Blanket gold mine near Gwanda in Zimbabwe was uncertain, with …
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Vale last week axed its 2020 production forecast for the metal to 180,000 to 195,000 tonnes from 200,000 to 210,000 tonnes, excluding its unit in New Caledonia.
Caledonia Mining Corporation Plc ("Caledonia" or the "Company") is a Zimbabwean focused exploration, development and mining corporation. Caledonia owns a 64% stake in the gold …
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Underground mining equipment manufacturers, parts and suppliers ... Koniambo is located on the 20km-long and 5km-wide Koniambo massif in the North Province of New Caledonia, which is situated 930m above sea level and 15km away from the shore. ... A deep water private port was built for import of coal supplies and export of ferronickel product.
Australia's New Century Resources (ASX: NCZ) has confirmed rumours of talks with Vale (NYSE: VALE) to buy the Brazilian miner's nickel and cobalt operations on the Pacific island of New Caledonia.
New Caledonian nickel producer Koniambo Nickel SAS (KNS) has launched a redundancy plan for its 1,200 workers after co-owner Glencore failed to find a buyer for its stake ahead of an end-August ...
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Suppliers Equipment; TOP 50; USA; Canada; Australia; Regions. Africa; China; ... Vale's New Caledonia mine, one of the world's biggest nickel operations. ... Mining Recommends. Video ...
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The South Pacific archipelago, 1,200 km (750 miles) east of Australia, has been gripped by riots over the sale process of Vale's local nickel business, with protesters saying a locally-led offer ...
Eramet subsidiary SLN's nickel mining operations in northern New Caledonia have been suspended, adding to difficulties at the loss-making business that saw a slide in first-quarter output.
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22.May.2024 . 7 min read. Beneath the emerald canopy of New Caledonia lies a quiet force that will power the world's green energy revolution. With a modest population of 300,000, the …
The potential collapse of nickel mining from Australia to New Caledonia comes at a time when western governments are scrambling to secure the supply chains needed to decarbonize the global economy.
Caledonia currently owns 64% of the Blanket gold mine, in the southwest of Zimbabwe, which is expected to produce 80,000 ounces this year thanks to a new shaft. Share Mining Recommends
Mounting issues, including a $1.6 billion-write down related to the ailing mines, pushed the mining giant to announce its intention to exit New Caledonia in December.
The Bilboes gold project, a large, high-grade gold deposit located about 75 km (47 miles) north of Bulawayo, also makes of Caledonia Mining a multi-asset, mid-tier producer.
SLN, the New Caledonian nickel producer controlled by French mining group Eramet, is seeking help from a court-appointed expert to lead talks with stakeholders as it faces a cash squeeze from ...