Indonesia and China killed the nickel market

Last week Anglo American took a $500 million writedown on its nickel business. This week, BHP's CEO Mike Henry said the company will have to decide whether to shutter its flagship nickel ...

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Upon completion, MIND ID will become the largest shareholder of Vale Indonesia with 34% of shares, up from 20%. Vale Canada and Sumitomo will hold 33.9% and 11.5% respectively, according to the ...

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American Creek firms up $152 million sale to Cunningham Mining American Creek's main asset is a 20% fully carried interest in the Treaty Creek project located in BC's Golden Triangle. Staff Writer ...

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Vale to sell 14% stake in Indonesia unit

Vale Canada currently has about 43.79% of Vale Indonesia and Vale Japan 0.54%. Other foreign investors include Sumitomo Metal Mining, with 15.03%. (With files from Reuters)

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Vale Canada, Sumitomo Metal Sign Initial Agreement to Sell …

Vale Canada and Sumitomo signed the so-called heads of agreement to sell the shares to PT Mineral Industri Indonesia (MIND ID), the country's state mining holding company, Vale Base Metals said in ...

Indonesia mine landslide kills 10 and dozen still missing

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Straits Resources puts Indonesian gold mine for …

American Creek firms up $152 million sale to Cunningham Mining American Creek's main asset is a 20% fully carried interest in the Treaty Creek project located in BC's Golden Triangle. Staff Writer ...

Ford takes stake in Indonesia nickel project

The US automaker joins PT Vale Indonesia and China's Zhejiang Huayou Cobalt Co. as investors in a project to make an annual 120,000 tons of nickel chemicals for EV batteries, according to a ...

Freeport Indonesia secures copper concentrate export permit

Freeport last week launched its $3.7 billion copper smelter in Gresik, East Java, which has a total input capacity if 1.7 million metric tons, but the company said it will only reach full capacity ...

Vale Canada, Sumitomo sign initial deal to sell 14% stake

Mining company Vale Base Metals said its unit Vale Canada Ltd and Japan's Sumitomo Metal Mining Co. Ltd signed an initial agreement on Friday to sell a …

MIND ID to acquire 14% stake in Vale Indonesia

Upon completion, MIND ID will be the largest shareholder in Vale Indonesia, with its stake rising to 34% from 20%. Vale Canada will hold 33.9% and Sumitomo 11.5%, down from 43.79% and 15.03% ...

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