Si6 Metals has added further impetus to its highly-prospective Botswana precious and base metals play, with its latest drill program striking high-grade silver and copper and exciting visual nickel sulphides. The company's three projects in the southern African country provide a compelling mix of in-demand metals that are all expected to play a big role in the future clean-energy transition.
BHP Nickel West has invested in a new growth opportunity by acquiring the Honeymoon Well development project from Russia's Norilsk Nickel, which is exiting Australia.
Local miner Poseidon Nickel has put its Lake Johnston operation near Norseman on care and maintenance, reduced its staff and cut board member salaries as it awaits improvements in the nickel price.
Poseidon Nickel says its Lake Johnston project could be up and running in just a few months, although at a higher cost following completion of a bankable feasibility study.
One year after buying the Thunderbox operations from Norilsk Nickel, Saracen Mineral Holdings has announced plans to develop an open pit gold mine that will double its production to about 300,000 ounces per annum by the 2017 financial year.
Mirabela Nickel shares nearly doubled in value today after the miner announced improved December quarter results and released a strategic review, which forecast an increase in production and lower costs at its flagship Santa Rita mine in Brazil.
Shares in Poseidon Nickel have surged after it announced it had agreed to buy Norilsk Nickel's Lake Johnston nickel project, located west of Norseman, for an undisclosed amount.
Shares in Perth-based Poseidon Nickel have risen 23.7 per cent after the company agreed to acquire Norilsk Nickel's Black Swan project near Kalgoorlie for an undisclosed amount.
Saracen Mineral Holdings has taken advantage of a strong share price rally to launch a capital raising to fund its Thunderbox project acquisition and strengthen its balance sheet.
The value of mergers and acquisitions in the Western Australian gold sector over the past 12 months has reached close to $650 million, analysis by Business News has found.
Saracen Mineral Holdings has purchased the Thunderbox gold project from Norilsk Nickel for $23 million, in a deal which could double the company's production to up to 270,000 ounces per year.
The Russians and their Ukrainian friends are going home, but before anybody cheers there's a reason for the exit – the declining appeal of investing in Western Australia, especially its nickel indu
Perth company Pacific Energy has signed a three-year electricity supply contract with miner Norilsk Nickel, to support the resumption of production at Norilsk's Lake Johnson mine.
The world's largest nickel and palladium producer Norilsk Nickel has announced it will be re-launching its Lake Johnston mine north-east of Kalgoorlie next year.
Russian mining giant Norilsk Nickel is planning to close all of its mining and exploration operations in Western Australia, resulting in the loss of about 330 jobs.
Nickel miner Western Areas is seeking to finalise a new offtake arrangement after announcing a major restructure of its old offtake agreement with Norilsk Nickel, which is closing its Australian mining operations.
Russian mining giant Norilsk Nickel may partially close or sell of some of its overseas units, which include the company's $800 million Honeymoon Well project south-east of Wiluna.
Nickel explorer Heron Resources Ltd has launched legal proceedings against Russian giant Norilsk Nickel in the Western Australian Supreme Court in a bid to gain access to the Bulong tenements near Kalgoorlie.
