Nickel – Reuters reported that Russia’s Norilsk Nickel might halt operations at its nickel mine in Botswana due to a sharp drop in the prices of metals.
Articles Tagged "nickel news"
Nickel – Mining Weekly reported that Clive Palmer announced his plans to invest A$1 billion in an upgrade for Queensland Nickel’s Yabulu refinery that would include the construction of new plant facilities, railway, and a tailings treatment facility.
Nickel – Mining Weekly reported that Bindura Nickel Corporation has made its first shipment to Durban from the newly restarted Trojan nickel mine in Zimbabwe after being idle for 4 years.
Nickel – Bloomberg reported that nickel is bottoming as prices go below the cost of producing alternatives such as the nickel pig iron or NPI.
Nickel – Melkior Resources Inc (TSXV:MKR) announced that it has expanded its claims in the Ungava nickel belt in Quebec by map staking, acquiring 33 claims totaling 1,361 hectares.
Nickel – Bloomberg reported that industrial metals continue to decline on the LME after economic data from the US and China raised concerns of a weakening demand.
Nickel – Reuters reported that nickel has hit a 7-month low on the LME ending at $15,695 as a weak economic data from China, the world’s biggest metal consumer, strengthened concerns on demand growth.
Nickel – Marketwatch reported that United Co. Rusal PLC said it expected Norilsk Nickel’s 2012 year-end results to adversely impact its overall 2012 earnings. The company has a 27.8% stake in Norilsk Nickel, which posted a net profit of $2.1B, lower by 41% as a result of its $976M write-off.
Nickel – Bloomberg reported that nickel and other base metals gained as China’s loan data in March exceeded initial forecast.
Nickel – Mining Weekly reported that Kibo Mining and Brazil’s Votorantim Metaís Participações are finalizing the JV agreement to start the exploration program at the Haneti nickel project.