Nickel Market News provides nickel investors with the latest up-to-date market news and trends on topics ranging from supply and demand, nickel prices, regional events, and upcoming conferences.

Norilsk to Open Australian Nickel Project

Thursday, February 9, 2012

Mining Weekly reported Norilsk Nickel (LSE:MNOD) said it will begin mining nickel in Western Australia.

Norilsk Announces Nickel Concentrate Output for 2011 from African Mines

Thursday, February 9, 2012

Mining Weekly reported Norilsk Nickel (LSE:MNOD) says it mined 15 161 t of nickel in concentrate at its African operations last year.

Societe Le Nickel Says Cyclone Threat Lessened

Wednesday, February 8, 2012

Reuters Africa reported Cyclone Jasmine is no longer a threat to Societe le Nickel New Caledonia nickel project.

Nickel Likely to go Downhill

Wednesday, February 8, 2012

Reuters reported nickel’s month-long rally is losing steam on slowing demand from China.

Norilsk Plans to Increase Australian, South African Nickel Production

Tuesday, February 7, 2012

Bloomberg reported Norilsk Nickel (LSE:MNOD) wants to curb its dependence on Russia for nickel and is expanding its production in South Africa and Australia.

Nickel Exports Decline as Russia Stores Metal

Monday, February 6, 2012

Bloomberg reported the nickel market is moving into contango as Russia slows exports holding onto stores of the metal.

Panoramic Makes Hostile Bid for Magma

Friday, February 3, 2012

Reuters reported Panoramic Resources (ASX:PAN) has made a hostile bid of about $43 million for the shares it does not already own in Magma Metals (ASX:MMW,TSX:MMW).

BHP Nickel Miners Await Job Cuts

Thursday, February 2, 2012

IBTimes reported BHP Billiton Ltd. (ASX:BHP,NYSE:BHP) and other companies are planning to lay off hundreds of workers as mines and factories shut down in Australia.

Xstrata and Glencore Contemplate Merger

Thursday, February 2, 2012

Globe and Mail reported Xstrata (LSE:XTA) and Glencore (LSE:GLEN) are discussing the possibility of a merger giving Xstrata control of a nickel mine in Canada.

Commodities: Nickel Edges Up, BHP Reduces Production

Wednesday, February 1, 2012

Bloomberg reported on commodities trading around the world on Wednesday, noting nickel and other base metals edged up.

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