Indonesia Stocks: Nickel Falls in London, Producers Retreat
Nickel – Bloomberg reported some companies saw unusual trading on the Jakarta Composite Index on Monday including nickel producers.
Articles Tagged "nickel companies"
Indonesia Stocks Fall, Plans to Ban Nickel Export
Nickel – Bloomberg reported the Jakarta Composite Index sand 1.7% on Friday, the most since January on the announcement Indonesia plans to ban export of raw materials like nickel.
Panoramic Makes Hostile Bid for Magma
Nickel – Reuters reported Panoramic Resources (ASX:PAN) has made a hostile bid of about $43 million for the shares it does not already own in Magma Metals (ASX:MMW,TSX:MMW).
Norilsk Makes No Offer to Buyback Rusal
Nickel – Bloomberg reported Russian's Norilsk Nickel (RX:GMKN,LSE:MNOD) rose for the first time in three days after it announced it will not offer to buyback Rusal (RX:RUALR).
Intex to Build Philippines’ First Nickel Processing Plant
Nickel – Philippine Daily Inquirer reported Intex Resources ASA is planning to build the first nickel processing plant in the country.
Indonesia Stocks See Unusual Trading
Nickel – Bloomberg reported some Indonesian companies saw unusual trading in their shares as the JCI fell 1.3%.
First Nickel’s COO Retires
Nickel – Mining Weekly reported First Nickel's (TSX:FNI) COO, Gerry Bilodeau is retiring after five years with the company.
Indonesia Stocks Decline
Nickel – Bloomberg reported some companies had unusual trading in Indonesia as the Jakarta Composite index fell 0.8 percent to 3,763.58.
BHP CEO Says They Will Keep Nickel
Nickel – SMH reported BHP Billiton's (NYSE:BHP,LSE:BHP) CEO has said it will not invest more capital into its nickel operations.
Base Metals Drop as Growth Concerns Bite
Nickel – Reuters Africa reported base metals dropped pressured by worries about the outlook for demand after factory growth slowed in China.
