Construction of Papua New Guinea’s Ramu nickel mine and processing plant declared that it has resumed a week after a a fight involving around 70 Papua New Guinean and Chinese workers close operations, 8.56 percent owner Highlands Pacific Ltd. For full story, click here
China’s nickel producers Jien Nickel in a filing to the Shanghai Stock Exchange declared that it is now the biggest shareholder of Australia’s Metallica Minerals, after buying 19.95% of the company with AUD 5.16 million. For full story, click here
Xstrata Plc, the world’s fourth- leading nickel producer, declared the cost of developing the $3.8 billion Koniambo mine in New Caledonia remains unchanged after first output was delayed to 2012 from 2011. For full story, click here
China nickel stocks have hit about 8.1 million tonnes at ports by the end of April 2009 and 6.5 million tonne of the total were piled at Rizhao, Lanshan, Lianyungang and Tianjin Port. For full story, click here
Mirabela Nickel Limited declared the placement of 5 million shares to institutional investors at A$2.15 each to raise A$10.75 million. For full story, click here
Russian miner Norilsk Nickel has sold its entire 5.56 percent stake in regional power generator TGK-1 in north-western Russia. For full story, click here
First Nickel Inc. declared that it has filed with the Canadian securities regulatory authorities its unaudited financial statements, and management’s discussion and analysis for the three month period ended March 31, 2009. For full story, click here
Ji Lin Ji En Nickel Industry Co Ltd, through its Australia-based subsidiary JienMining, has surged its shareholding in Metallica Minerals Ltd to 19.95% from the previous 15.1%. For full story, click here
Vale has forecasted that global nickel demand is showing some limited signals of improvement. For full story, click here
BHP Billiton has slashed up to 240 staff from its nickel mine in Leinster, 360km north of Kalgoorlie. For full story, click here
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