Archive for January, 2009

Albidon suspends works at Munali nickel project

Albidon has suspended the development of the northern decline at its Munali nickel project in Zambia as the current nickel price environment did not warrant the capital expenditure on the project. For full story, click here

Nickel production to fall

Norilsk Nickel  says nickel, platinum and palladium output to fall from previously planned levels. Plans to cut copper output next year only, while further falls expected in platinum and palladium. For full story, click here

Growing inventories weigh on nickel

By Leia Michele Toovey- Exclusive to Nickel Investing News Under the weight of high inventories, nickel is anticipated to be one of the slowest industrial metals to rebound. LME stocks of nickel are at their highest since around mid-1995. The world refined nickel market was in surplus by 42,900 metric tonnes in January-November of 2008, [...]

Has nickel bottomed?

By Leia Michele Toovey-Exclusive to Nickel Investing News Nickel was one of the worst performing commodities last year, sinking from more than US $33,000 a tonne in March to below US $9,000 in October due to lower demand from steel makers. Late in the year, the industry was hit with a bunch of cutbacks- cutbacks [...]

Bold Ventures – The Star of the Ring

Overview Bold Ventures Inc. (BOL: TSX.V) is an exploration company with three Canadian projects. The Company’s main emphasis is on two Nickel-Copper-PGE exploration properties located in the McFaulds Lake area ‘Ring of Fire’. In addition, Bold continues to actively investigate additional opportunities in the ‘Ring of Fire’ area. Investment Highlights: Option agreement with Noront Resources [...]

Nickel on the fast track

By Leia Michele Toovey- Exclusive to Nickel Investing News Nickel started the New Year with a bang, gaining 50% of its value in just two and a half days. The metal, used primarily as a component of stainless steel, was joined by the other major commodities in a rapid rebalancing. Last Friday nickel hit a [...]