With other base metals reacting positively to last week’s results from the European Bank stress tests, nickel prices started the week flat. But, if demand for nickel is soft in the short-term, analysts believe it will be temporary as the supply-demand balance continues to improve.
The global nickel market will be in a slight deficit this year, reports metal consultant Metalytics Ltd, as demand is driven by increases in the steel market.
Thursday, April 1, 2010
Nickel prices hit a 21-month high Wednesday, up 34.9 percent over the first quarter. Some analysts believe this trend will continue with expectations of stronger demand from stainless steel mills.
Thursday, March 11, 2010
The world’s largest nickel supplier suggests it won’t restart idle capacity until prices reach $25,000 per ton Nickel; demand is projected to outstrip supply for the first time in four years; and Brazilian producer Vale’s Canadian plans may be on hold.
Sunday, February 21, 2010
By Kishori Krishnan Exclusive To Nickel Investing News The Euro has bounced back. London trade base metals on Friday were just that wee bit higher, with indicator charts registering the slow but sure climb of nickel. Dow Jones reported that 3-month nickel ended the day at $9.40/lb, a new high for 2010 and a gain [...]
Nickel Inc.’s (TSE: FNI) news release of August 30, 2010, the Company is pleased to announce that it has completed its financing with Resource Capital Fund IV L.P. for a US$5 million bridge loan facility maturing on December 31, 2013.
URSA Major Minerals Incorporated (TSE:UMJ) announced the appointment of Mr. Eric Loch as Vice President, Mine Operations and Projects.
Lundin Mining Corporation (TSE:LUN) announced that it has executed an amended and restated credit agreement that increases the amount of its revolving credit facility to US$300 million from $225 million, reduces its costs of borrowing and extends the term of the Facility to September 2013 from May 2012.
Australia’s second-largest nickel miner, Minara Resources (ASX:MRE), reported that it aims to conduct and complete a plant maintenance shut down in October and kept its 2010 production guidance unchanged.
On Monday, South African diversified miner African Rainbow Minerals (JNB:ARIM) reported a 26 percent drop in full-year headline earnings, hit by a strong rand and lower prices for iron ore and manganese.
CROWFLIGHT MINERALS INC. (TSE:CML) announced its production results for the month of July 2010 from the Bucko Lake Nickel Mine (Bucko) located in the Thompson Nickel Belt near Wabowden, Manitoba.
Franconia Minerals Corporation (TSE:FRA) announced results from holes BL10-07 through BL 10-11 from the recently completed 2010 drilling program at the Birch Lake deposit in northern Minnesota.
Manicouagan Minerals Inc. (CVE:MAM) provided an exploration update on its Pickle Lake Gold Properties in northwestern Ontario.
Mindoro Resources Ltd. (CVE:MIO) announced an increased Mineral Resource estimate for the Agata Nickel Project.
Ibtimes.com reported that India’s NSEL to start E-investing in copper and nickel

For upcoming nickel investing trade shows, see the following links: Cambridgehouse, IIC, Chicago Resource Expo
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Tuesday, July 27, 2010