Archive for July, 2008

Mincor obtains license to drill Bluebush

AUSTRALIAN nickel producer Mincor Resources is ready to start drilling program on portions of the new Bluebush Line tenements in the Kambalda nickel district after receiving necessary licenses. For full story, click here

Nickel closed at $18,750 a tonne on LME

Nickel closed up at $18750 from previous close of $18,450 on LME. Standard Chartered’s Smith was quoted as saying: The nickel market may be the most interesting one to watch over the next few days. Click here more information

Pure Nickel Inc.: High grade world-class nickel targets

Overview Pure Nickel is one of North America’s largest nickel exploration companies. It has a premium portfolio of later stage exploration and development projects. Operating in North America’s highest caliber geological environments for nickel exploration Pure Nickel continues its committment to aggressive multi-million dollar exploration programs including drilling on its two principal areas: Thompson Belt [...]

Nickel Rocks Back and Forth, Continues Downward Trend

By Leia Michele Toovey – Exclusive to Nickel Investing News Thursday nickel prices fell 6 percent after stainless steel producer Outokumpu said it expected delivery volumes in the third quarter to fall, and expressed concern over next year’s numbers. London Metal Exchange nickel shrunk 2.1 percent at mid-session to hit a low of $18,400 per [...]

MCCI plans to ramp up Ferro Nickel exports

Philippines based MCCI Corp. plans to ramp up Ferro Nickel exports from next year after completing the upgradation of its plants in the Visayas and Mindanao southern regions. The company said in a statement that: It expected to export as much as P25 billion worth of ferronickel in the five-year period starting 2009. For full [...]