Near Future Doesn’t Look Bright For Nickel

January 11, 2010

Does nickel have a continued bleak future?  Many miners and analysts seem to think so, while Rio Tinto still clings to its hopes to open a controversial massive nickel laterite deposit in Sulawasi, Indonesia and apparantly hasn’t yet given up hope on its nickel projects in Minnesota and Michigan.

The world’s largest miner, BHP-Billiton, may soon be leaving the nickel business in disgust after having to close, cancel and scale back a number of major nickel projects.  Read the rest of this entry »


Rio Tinto Pleads Guilty to Breach of Mining Management Act, Again

May 26, 2009

Rio Tinto, long accused of worker violations by employees around the globe, has been fined over a case involving a worker who fell into a pool of corrosive liquid at a refinery in the Northern Territory, Australia, in March 2008.  Reportedly, the worker burned roughly 25% of his body.

According to the Sydney Morning Herald, the company pleaded guilty to breaching the Northern Territory Mining Management Act.

Northern Territory WorkSafe executive director Laurene Hull said, “It’s disappointing this company has committed a number of serious offenses in a relatively short period of time.” Read the rest of this entry »