Russian miner OAO Norilsk Nickel, the world’s leading nickel producer by production volumes, declared that its first quarter nickel output dipped 8% due to mine suspensions in Australia and lower production at its Finland and Russian operations. For full story, click here
Read the full article: "Norilsk Nickel’s Q1 nickel output fell..."
Thursday, April 30, 2009
French mining group Eramet declared that it has expected a very significant first-half operating loss as it reported a 41 percent dip in first-quarter sales amid weak prices and demand for metals. For full story, click here
Read the full article: "Eramet Q1 sales dip by 41 percent, expects..."
Thursday, April 30, 2009
Sumitomo Metal Mining Co., Japan’s top gold producer, agreed to purchase a 40 percent stake in Alaska’s Pogo mine from Canada’s Teck Resources Ltd. for $245 million. For full story, click here
Read the full article: "Sumitomo Mining to purchase 40% stake in..."
Wednesday, April 29, 2009
By Leia Michele Toovey- Exclusive to Nickel Investing News Nickel’s plummet from all time highs may actually work out in the end to benefit the metal. The hunt for effective substitutes for nickel in making stainless steel may have slowed down after nickel prices tumbled around 80 per cent in less than two years. While [...]
Read the full article: "Steelmakers’ search for nickel substitute..."
Wednesday, April 29, 2009
Belvedere Resources Ltd., a Vancouver-based junior miner, and its wholly owned subsidiary Finn Nickel Oy, have signed a non-binding letter of intent with China’s Jinchuan Group Ltd. to convert all outstanding debt into equity in Belvedere or Finn Nickel. For full story, click here
Read the full article: "Belvedre signed deal with Jinchuan to..."
Wednesday, April 29, 2009
Reports reveal that a scheduled meeting of the Board of Directors of OJSC MMC Norilsk Nickel took place recently. Among other issues, the board discussed the preparation for the Annual General Meeting of shareholders and realization of the production and capital investment plans of the company. For full story, click here
Read the full article: "Norilsk Nickel announced updates on..."
Wednesday, April 29, 2009
PT International Nickel Indonesia Tbk in its EGM declared that it will not pay cash dividends to shareholders for 2008 full fiscal year on account of low corporate performance, surging nickel prices amid global meltdown. For full story, click here
Read the full article: "PT International Nickel not to pay cash..."
Wednesday, April 29, 2009
Nickel futures have regained strength to trade 0.49 per cent higher in early trade on the Multi Commodity Exchange today as speculators were seen covering-up their positions, driven by a pick-up in demand for the metal in the physical markets. For full story, click here
Read the full article: "Nickel futures recovered as demand picked up..."
Tuesday, April 28, 2009
Domestic nickel prices rose from CNY 90,000 per tonne to almost CNY 130,000 per tonne, following a recent rally of international nickel prices. For full story, click here
Read the full article: "Domestic nickel prices rose in Chinese..."
Tuesday, April 28, 2009
The International Nickel Study Group has predicted that with stainless steel production in its third successive year of decline, world production of refined primary nickel now is expected to dip 9.3% to 1.26-million metric tons in 2009. For full story, click here
Read the full article: "Nickel Supply may exceed demand by 80,000..."
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, April 30, 2009