Monthly Archives: March 2014

06 Mar

BHP mulls nickel sale as price hits 9-month high

Indonesia’s proposed ban on ore exports has pushed nickel prices to a nine-month high, as Glencore Xstrata thinks about buying BHP’s Nickel West operation. Ivan Glasenberg, Glencore’s biggest shareholder and chief executive, told analysts overnight that the world’s fourth-biggest miner would “kick the tyres” on Nickel West, BHP’s nickel operations in Western Australia. “It’s something

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06 Mar

Indo contractor cuts fuel cost 7%

Indonesian mining contractor Cipta Kridatama has managed to improve haul truck fuel efficiency by 6.9%, through an operator training program incorporating simulation technology. Employing more than 3,400 workers, who operate 624 units of heavy and supporting equipment, Cipta Kridatama is among Indonesia’s biggest mining contractors. But with operating costs rising and a softening global mining

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