What’s Next for BHP Billiton’s Nickel West?

The mining giant announced last week that it has abandoned the sale of its Western Australian Nickel West business, but what does it have planned for the asset?

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Company News

International Montoro Resources to Continue Sampling at Chuchinka

International Montoro Resources to Continue Sampling at Chuchinka

International Montoro Resources (TSXV:IMT) has contracted UTM exploration services, based in Smithers BC, to conduct a geochemical soil sampling program at its Chuchkinka REE prospect. The Chuchinka prospect is located northeast of Prince George, BC.

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Market News

Indonesia Reaffirms Ore Ban; Nickel Price Rises

Bloomberg reported that nickel rose the most in three weeks after Indonesia confirmed that its ban on the export of unprocessed ore will remain in place.

Aluminum Displaces Nickel as 2014′s Biggest Gainer

Bloomberg reported that on Tuesday nickel fell to its lowest price in a week, sinking as much as 1.6 percent as LME inventories increased to a record 385,860 metric tons. The previous day, the metal sunk by 3 percent.

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