Talvivaara is unlikely to meet 2009 nickel target
Finnish nickel and zinc producer Talvivaara declared that it is unlikely to meet its nickel output targets for 2009 due to lower crushing levels. For full story, click here
Archive for April, 2009
Fujian Desheng commenced nickel project in Luoyuan
Fujian Desheng Nickel Industry Co Ltd. declared to finish the first phase of its nickel project in Luoyuan, Fujian. For full story, click here
Jinchuan Group slashed ex-works nickel price by $3,663 per ton
Jinchuan Group Ltd., China’s leading nickel producer, cut its ex-works nickel price on April 27 by $3,662.84 per ton to $15,090.91 per ton. For full story, click here
INSG forecasted 2009 nickel market in 80,000 T surplus
The global nickel market will be in an 80,000 tonnes surplus in 2009, as dipping demand continues to outpace cutbacks made by producers. For full story, click here
Nickel Futures dipped 0.57 percent on weak global cues
Nickel futures today moved down by 0.57 per cent on fresh selling by speculators on reports of weakening trend in the world market. For full story, click here
BHPB nickel output declare for 9 months ended March, 2009
Nickel output for the 9 months to March 2009 was in line with the corresponding period. Production in the March 2009 quarter was 10% QoQ higher than the March 2008 quarter, which was impacted by an industrial stoppage at Cerro Matoso. For full story, click here
China’s group revealed $800 million Mynmaar mine on track
A Chinese mining giant declared that it is committed to an $800 million ferro-nickel mine in northern Myanmar, which officials reported that it will eventually lift the impoverished southeast Asian nation’s GDP by over 2 percent. For full story, click here
Bold Ventures declared arrangement of $200,000 private placement
BOLD Ventures Inc. declared that it is arranging a private placement of up to 2,000,000 Units at a price of $0.10 per Unit. For full story, click here
Anfield Ventures to acquire Mayaniquel, S.A
Anfield Ventures Inc. declared that it has signed a deal to buy all of the outstanding shares of Mayaniquel, S.A. from BHP Billiton Minerals Holdings Pty Ltd. and The Broken Hill Proprietary Company Pty Ltd. for US$2.5 million and the issuance of a 1.5% Net Smelter Royalty payable to BHP Billiton on any future production. [...]
Liberty Mines purchased by Chinese company
Liberty Mines Inc, a company that has it’s two major nickel mining operations in the Timmins area reported that it is now owned by the Chinese. For full story, click here
