Morowali's Nickel Drought, Kinross Cuts Guidance, and Barrick's Mali Strike Arrives

Podcast: The Mining Insider · Logan Ore - The Pro Podcasters

Opublikowano: 2026-09-27

Indonesia Morowali Industrial Park (IMIP) cuts RKEF smelter output 60-70% — El Niño drought restricts cooling water; some lines at 30-40% capacity; 50,000-70,000 tonnes NPI at risk over 2 weeks; Nickel Industries Excelsior HPAL at 30% (rainfall 4mm vs 222mm August average); INSG 32,000t 2026 deficit forecast pre-disruption; Indonesia 62% of global mined nickel; SMM quote (Sep 22-24 2026). Kinross Gold cuts 2026-27 production guidance — 1.84-1.86M oz vs 1.9-2.1M oz prior; La Coipa winter storms + metallurgical issue (CIL recoveries ~30% on copper-rich sulphide, Jefferies 50,000 oz/yr estimate); Round Mountain lower grades/rates; shares -13% Thursday; AISC $1,850-$1,900/oz; FCF return target raised to 50% (~$800M); Parac...