By Leia Michele Toovey – Exclusive to Nickel Investing News Nickel posted a slight gain this week, with three-month nickel adding $270 to hit $18,320 a tonne. This is a modest rise, as nickel prices have plummeted this year due to weak demand from stainless steel makers. The inching up of prices was possibly promoted by the [...]
Read the full article: "Nickel Shows a Glimmer of Hope"
Wednesday, July 30, 2008
Metalbulletin.com reports that rebound in nickel prices is unlikely till september. For accessing this news, click here
Read the full article: "Nickel rebound unlikely till September"
Wednesday, July 30, 2008
Stainless steel prices have stabilized and are falling slightly in North America as distributors are delaying purchases during summers on the hope that sliding nickel prices will bring down stainless steel prices even lower. For full news, click here
Read the full article: "Stainless steel demand and prices declining"
Wednesday, July 30, 2008
Rusal refuted earlier press reports Rusal and Norilsk Nickel are negotiating for a merger. For full news, click here
Read the full article: "Rusal denies merger negotiation with Norilsk..."
Wednesday, July 30, 2008
Sherritt International Corp. second quarter profit dipped because of a big drop in the price of nickel. President and CEO Jowdat Waheed said: During this quarter we saw base metal prices, nickel in this case, fall by approximately 48 per cent from second quarter of `07 while we saw dramatic increases in oil prices and offshore coal [...]
Read the full article: "Sherritt’s profit dips due to nickel"
Tuesday, July 29, 2008
Three-month nickel added $270 to $18,320 a tonne in Shanghai, ignoring news that Mirabela is enhancing capacity at its Brazilian mine. For full story, click here
Read the full article: "Nickel jumps in Shanghai"
Tuesday, July 29, 2008
Nickel is poised for the biggest weekly decline in London since march as stainless-steel mills are saying that demand is declining. For full news, click here
Read the full article: "Nickel poised for biggest weekly drop"
Tuesday, July 29, 2008
Victory Nickel Inc. completed an $8.1 million non-brokered flow through financing. For full story, click here
Read the full article: "Victory nickel finishes flow through..."
Tuesday, July 29, 2008
Australian miner Mirabela will expand the nickel mine under development in Brazil to yield 40 percent more nickel after it commences operations next year. The company said: Under the plan, the crushing capacity of the ore treatment plant at the Santa Rita mine in northeastern Brazil’s Bahia state will be increased to 6.4 million tonnes [...]
Read the full article: "Mirabela to increase size of Brazilian..."
Tuesday, July 29, 2008
By Leia Michele Toovey – Exclusive to Nickel Investing News No one ever wants to be dead last, and unfortunately for nickel, its recent performance has pushed it to the back of the pack of the precious metals. The London Metal Exchange three month nickel price fell as much as $535, or 2.9% on Friday, [...]
Read the full article: "Nickel Hits a New Low"
The Nickel Investing Glossary: This glossary covers investing in junior resource companies. For the experienced investor or the newbie, you should find everything you need here. If not, let us know and we’ll research and add what you’re looking for.
NickelInvestingNews.com maintains a focus on Nickel exploration and investment opportunities. For broader Natural Resource Investing, see ResourceInvestingNews.com.
Get our exclusive independent commentary on nickel trends and companies delivered to your inbox. Sign up to get exclusive access to our market catalysts a week before they are published online. Learn More »
Simply fill in your name and email to make better investment decisions.
Thursday, July 31, 2008