African Eagle Resources Plc reported that leach test results at its Dutwa project in Tanzania confirmed good nickel recovery, sending its shares up as much as 19 percent in early trade. For full story, click here
Russian authorities have asked Norilks Nickel to supply details about its financial situation and dealings in its shares, Russian business daily Vedomosti said on Tuesday. For full story. click here
New Caledonia’s Congress has advocated several crucial pieces of legislation related to the nickel mining industry, which is regarded as the backbone of the French Pacific territory’s economy. For full story, click here
Ajay Kedia, managing director of Kedia Commodities stated that nickel futures are likely to trade bullish in the next few sessions. For full story, click here
Relief has replaced anxiety following the decision of BCL mine to scale down the number of employees to be retrenched from 348 to 200. Debswana and Tati Nickel mines have cut-down their operations significantly while Diamonex mine in Lerala was the first casualty of the recession. For full story, click here
The environment department approved the mining permit of Oslo-based miner Intex Resources ASA for a nickel project in southern Luzon. For full story, click here
The future of the lucrative copper–nickel mining industry on the Iron Range is on the table as the Minnesota Legislature and will meet this session. For full story, click here
The nickel output in 2009 is anticipated to be strengthened to reduce at nickel producers, who are less competitive on its cost wise. For full story, click here
LME nickel stock exceeded 100,000 tonnes, touching a new record high in the last 13 years. For full story, click here
The government is getting impatient as Australia’s BHP Billiton and its local partner are still at odds over a nickel project in Mindanao and may soon decide to step in. Mining chief Horace Ramos said: BHP has said they will not back out but there is a limit to their patience. And we in the [...]
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