Citigroup’s Metals and Mining team issued a note Monday talking about how fund flows - not global economic growth - are driving commodities prices higher.
Nickel Mining News
Bindura Nickel signs output off-take agreement with Glencore International. Bindura predicts yearly nickel output at7,000 tonnes.
Talvivaara mine, located in Northern Finland, is today the biggest sulfide nickel ore mine in Europe. In close cooperation with Metso, and with crusher cavity optimization, Talvivaara recently boosted its primary crushing capacity annually by […]
Crowflight Minerals of Vancouver is making a $30-million private placement, part of which is earmarked for acquiring mining equipment and restarting the Bucko Lake nickel mine in the Thompson nickel belt near Wabowden. Part of […]
Brazilian mining giant Vale has reached a tentative settlement in an 18-month-long strike with workers at its Voisey’s Bay nickel mine in Labrador, the Globe and Mail reported.
There are more than a few explorations companies drilling holes in the Philippines these days, all with the quiet hope that the country soon finds favour with serious resource investors in the much the same way that Ventana Gold and others became overnight rock stars, if you will, with their projects in Colombia.
Nickel is your quintessential commodity – out of favor last year, in favor this year, meaning market deficits aplenty, with companies scrambling to fill the void left by dormant production during the down years.
Zinc and cobalt often fall into that esoteric metals category called byproduct, meaning they are generally an afterthought for miners who are keen at getting at, say, nickel or copper deposits. Still, both metals are being increasingly targeted for their use in growing markets, such as rechargeable batteries for electric cars.
RUSAL, the world's top aluminium producer, expects a new offer from Norilsk Nickel for its 25 percent stake in the nickel giant, RUSAL co-owner and board chairman Viktor Vekselberg said on Jan. 24. Reuters reports:
European Nickel said its chairman and deputy chairman will step down, a month after the UK-based miner suspended work at its flagship Caldag mine in Turkey, according to a Reuters story.
The world's top aluminum producer RusAl has filed three law suits against Norilsk Nickel, the world's largest nickel producer, over its deals with Trafigura Beheer BV, Inter RAO and a USD 4.5 billion buy back […]
Xinjiang Xinxin to pull out all the stops to meet environmental regulations and get government go-ahead to build copper smelter.
North American Palladium hit a new 52-week high of $7.62 so far this week, in part because the market has gone gaga for all things palladium. The company's shares had been showing support around $6.69 and resistance in the $7.45 range, but investors continue to push palladium-minded stocks higher in the belief that growing demand for PGMs, or platinum group metals, will continue to be ramped up.
A number of analysts are now predicting a nickel surplus this year as Chinese stainless steel growth slows and new nickel mine projects come on stream.
(Vancouver) Hard Creek Nickel Corporation (TSX-HNC) released results today from locked cycle tests on the new composite sample ( Sample 10-265) collected from the recently drilled Hole 10-265 in the Horsetrail Zone of the Company's 100% owned Turnagain
The full version of our analysis (with comments particularly valuable for Precious Metals Traders) is available to our Subscribers. In an earlier article we saw the might of China’s residential sector. An examination of the non-residential sector and […]
The full version of our analysis (with comments particularly valuable for Precious Metals Traders) is available to our Subscribers. China is the world's largest consumer of copper, zinc and nickel and also among the leading consumers of […]
While the nickel market looks firm in the near term, Macquarie analysts report that longer term supply growth could impact prices. Iron ore prospects look good for the time being. Read more
Vale announces the successful commissioning of its two large nickel projects, Vale New Caledonia (VNC), formerly Goro, and Onça Puma. Read the full press release
Hitachi Construction Machinery (Europe) NV (HCME) has recently supplied its tenth EH3500ACII haul truck machine to Talvivaara nickel mine in Finland. The trucks have been supplied by Hitachi's Finnish dealer, Rotator. Read more
NEWS: Alkane Resources Limited – Financial and Strategic Analysis Review – new company profile and swot report published
Alkane Resources Limited – Financial and Strategic Analysis Review July 2, 2010 — (Source: PR-Inside) — ALKANE RESOURCES LIMITED (Alkane Resources) is an Australian based mining and exploration company, with focus on gold, and other minerals and metals. […]
As a general rule, the most successful man in life is the man who has the best information London Metal Exchange (LME) nickel inventory levels are down 20% from their peak in February and the […]
Independence Group NL (ASX: IGO) announced today that the decline down to the Moran deposit at the Long mine was completed on schedule and first ore delivery was expected to be made early next month. […]
After several years of protests, litigation and delays attributed to the global economic downturn, the U.S. is about to get its first new primary nickel mine in years in the historic mining region of the […]
“Anglo-Australian miner Rio Tinto PLC Tuesday said it will invest $469 million to build the Kennecott Eagle nickel and copper mine in Michigan after receiving the final environmental approvals for the project. Rio Tinto plans […]