Nickel Still Flat, but There is an Upside
Nickel prices have remained flat and there is a surplus of product on the market. But it’s not all doom and gloom despite the downgrade on China’s economic growth.
Nickel Outlook Falls Victim to Oversupply
February 2012 Edition: The latest commentary, overview, and opinions relating to the global nickel market.
Norway’s Intex Signs Deal with MCC8 Group to Develop Mindoro Nickel Project
The Mindoro Nickel project is expected to come into production earliest in 2015.
First Point Minerals: Nickel-Iron Alloy Exploration
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Market News
Base Metals: Nickel Rises Slightly
Bloomberg reported on base metals trading for Tuesday as nickel rose slightly.
Base Metals: Nickel Closes Higher
CNBC reported on base metals trading on Thursday noting nickel edged its way up.
BHP Billiton Says Commodity Markets Will Fall
CNBC reported BHP Billiton (ASX:BHP,LSE:BLT) said it expects commodity markets to cool further and that investors have lost confidence in the longer-term health of the global economy.
Indonesia Nickel-Ore Ban Sends Sumitomo Looking for Supply
Bloomberg reported restrictions on nickel-ore exports by Indonesia may force Japan to source raw material from other suppliers or reduce output.
Company News
Benton Resources Corp. Announces Nickel Update
Benton Resources Corp (TSXV:BTC) announced recent analyses have identified the mineral awaruite in drill core from the Goodchild nickel project in Ontario.
IMX Resources And Continental Nickel Enter Agreement
IMX Resources Limited (ASX:IXR) and Continental Nickel Limited (TSXV:CNI) announced they have entered into a definitive arrangement agreement whereby IMX may earn shares of Continental.
First Nickel Announces Financial Results
First Nickel Inc. (TSX:FNI) announced results for the first quarter ended March 31, 2012.
Horizonte Minerals Announces Financial Results
Horizonte Minerals plc (TSX:HZM,LSE:HZM) announced its unaudited financial results for the three month periods ending 31 March 2012.
