The cash cost of production has averaged A$2.05 a pound (the price of nickel in September was US$1.83 a pound or US$4000 per tonne having halved in last 12 months). Processing involves upgrading the ore (1 to 3 per cent nickel) content by crushing and separation by froth flotation to 10 to 18 per cent content. Expansion is likely in the company's future, with a predicted 9,900 tonnes of nickel this year. What's more attractive is the said low-cost operation—majority of the people working for the Ban Phuc project are locals, which puts production at $6.68 a pound.

Nickel Rim South on fast

If it were called a nickel mine, the byproduct copper and PGM netbacks will make the cost of mining and processing a pound of nickel negative US$0.65. Simply put, mining this deposit could cut Falconbridge's total integrated nickel cash operating costs per pound of nickel by 40% and secure its future in Sudbury for at least another 20 years.

2017/3/22RNC will host a conference call/webcast on March 22, 2017 at 10:00 a.m. (Eastern Time) to discuss the arrangement. North American callers please dial: 1-888-231-8191, international callers please dial: (+1) 647-427-7450. For the webcast of this event click (replay access information below).

2018/10/25While nickel was selling for more than US$6 a pound earlier this year, it has been steadily dropping in recent months, and closed at $5.5119 a pound on Wednesday. Vale made the comments about nickel as the Brazilian mining giant reported weaker-than-expected net income Wednesday, as lower base metals production and prices as well as a weaker real currency weighed on the world's

Billion dollar nickel mine in Burma to go ahead Published by MAC on 2008-08-25 Source: Eric Snider (2008-08-13) The long delayed go-ahead for the laterite nickel mining project at Tagaungtaung in northern Burma has finally been given, and construction is

Company among the lowest cash cost nickel producers in the next 5 years that are able to meet the growing global demand. Direct Nickel has developed a game changing pro cess for extracting nickel from laterite deposits. It will position Direct Nickel as one of

Nickel price surge to be driven by electric vehicle demand

Nickel major Panoramic Resources cited RBC Capital Market's report, which predicts the nickel price would sit at about US$8.00 per pound from about 2022 and beyond. When RBC released the report in June the nickel price per pound was hovering at US$4 and this was forecast to remain at this price or slightly higher for 2017 through to the end of 2018.

First Nickel Inc.'s decision to halt the development of its underground ramp at the Lockerby Mine in Sudbury comes down to the price of nickel, said company president and CEO Thomas Boehlert. And the Toronto-headquartered nickel and copper mid-tier miner is closely evaluating in the months to follow whether it has a future in the Sudbury basin.

day (or 40 million tonnes per year) over a mine life of 24 years, annual production averages 37,369 tonnes nickel, or 82.4 million pounds, in concentrate at an operating cash cost of C$3.23 per pound. The PEA provides a preliminary assessment of the nickel-iron

Company among the lowest cash cost nickel producers in the next 5 years that are able to meet the growing global demand. Direct Nickel has developed a game changing pro cess for extracting nickel from laterite deposits. It will position Direct Nickel as one of

Nickel started the day Friday at $7.10 pound, but had dropped to $6.96/pound U.S. by the end of the day, and has dropped a bit more since then. Terry Ortslan, mining analyst with TSO Associates in Montreal, said a combination of the weakening of the U.S. dollar and hoarding by traders in anticipation of nickel needed for electric vehicles is causing rising prices and inventory drops.

The ore body at the Mine consists of two large, weathered lateritic nickel deposits located approximately 3 km apart (the "Ambatovy Deposit" and the "Analamay Deposit"). Combined, the Ambatovy and Analamay Deposits constitute one of the world's biggest lateritic nickel reserves, covering an area of about 1,600 ha, with depths ranging between 20 and 100 m.

The nickel's got it even worse. This five-cent coin costs 11.2 cents to manufacture. That's because 75% of it is zinc and 25% is, well, nickel, another expensive metal. Which means that a nickel costs more to produce than every U.S. bill from a one-dollar bill (5.2

Nickel in concentrate (kilo tonnes) - .14 Average realized price (US$ per pound) - 6.68 Cash operating cost (US$ per pound sold) - 4.54 All-in sustaining cost (AISC) (US$ per pound sold) 1 - 4.55 Copper2 (Reed Mine) Copper in concentrate (kilo tonnes)

Dumont Project

Karora Resources has a 28% interest in the Dumont Nickel Project - one of the world's largest undeveloped, permitted and shovel ready nickel sulphide deposits. Dumont is a large deposit located near the town of Amos, in the municipalities of Launay and Trcesson, in the established Abitibi mining camp in the mining-friendly Canadian province of Qubec.

Nickel in concentrate (kilo tonnes) - .14 Average realized price (US$ per pound) - 6.68 Cash operating cost (US$ per pound sold) - 4.54 All-in sustaining cost (AISC) (US$ per pound sold) 1 - 4.55 Copper2 (Reed Mine) Copper in concentrate (kilo tonnes)

Nickel closed at $8.80 a pound yesterday, rising 7.3 per cent on news of the shutdown of Falcondo, which produces 29,000 tonnes of nickel a year, or about 2 per cent of the world's supply. Commodity prices have forced the mine and smelter, previously owned by Canada's Falconbridge, to shut down three times in the past; in 1992, 1998 and 2001.

Nickel in concentrate (kilo tonnes) - .14 Average realized price (US$ per pound) - 6.68 Cash operating cost (US$ per pound sold) - 4.54 All-in sustaining cost (AISC) (US$ per pound sold) 1 - 4.55 Copper2 (Reed Mine) Copper in concentrate (kilo tonnes)

Karora Resources has a 28% interest in the Dumont Nickel Project - one of the world's largest undeveloped, permitted and shovel ready nickel sulphide deposits. Dumont is a large deposit located near the town of Amos, in the municipalities of Launay and Trcesson, in the established Abitibi mining camp in the mining-friendly Canadian province of Qubec.

Company among the lowest cash cost nickel producers in the next 5 years that are able to meet the growing global demand. Direct Nickel has developed a game changing pro cess for extracting nickel from laterite deposits. It will position Direct Nickel as one of

2018/10/26Schvartsman said Vale will have news on the New Caledonia nickel mine soon, Reuters reported. The company has been seeking to find a partner to invest in it by year-end. Over-budget and years late when it finally started up in 2010, the New Caledonia project accumulated nearly $1.3 billion in losses between 2014 and 2016.

The company's nickel division broke even on $9m of sales revenue from 929t of nickel in concentrate, 520t of copper and 44t of cobalt from Savannah at an average price of $5.57 per pound. Panoramic ended the year with $8.9m cash in the bank after spinning out the Gum Greek Gold Project near Wiluna, formerly the Gidgee mine, into the Horizon Gold float.

Prices of nickel -- a key ingredient in steel-making and one of the country's main mineral exports -- rose to $8.13 per pound late last week, from $6.00 per pound in the first quarter of last year, data from the London Metal Exchange showed.