First Nickel Inc. declared that at the request of the TSX, the Company wishes to provide further detail regarding the conversion of interest payments into shares to service the proposed US$10 million working capital facility announced on June 16, 2009. For full story, click here
Prices of nickel recovered smartly on the non-ferrous metal market here today due to fresh industrial demand coupled with higher advices from London Metal Exchange. For full story, click here
Xstrata Nickel declared that it has presented a cheque for $6.8 million to Makivik Corporation, representing its share of the profits generated by the Raglan nickel mine in 2008. For full story, click here
Prices of nickel recovered smartly on the non-ferrous metal market here today due to fresh industrial demand coupled with higher advices from London Metal Exchange. For full story, click here
Nickel futures have traded 0.19 per cent higher in early trade on the today on the back of short-covering, triggered by a firming international trend after the US dollar eased against other currencies. For full story, click here
First Nickel Inc. declared that it has entered into a commitment letter with Resource Capital Fund IV L.P. for a US$10 million convertible working capital facility maturing on December 31, 2013. For full story, click here
By Leia Michele Toovey- Exclusive to Nickel Investing News Nickel took part in the base metal’s slide this week; with nickel futures dropping from cash buyer $15,600 per tonne on the LME last Friday, to $14,950 per tonne on Tuesday’s close. The sharp losses in futures values hit all the base metals as another round [...]
Australian nickel mining company Mincor Resources NL declared that the latest results from follow-up drilling at its Mariners Nickel Mine in Kambalda, further strengthening the potential for a major new discovery below the existing mine workings. For full story, click here
First Nickel Inc. declared that it has entered into a commitment letter with Resource Capital Fund IV L.P. for a US$10 million convertible working capital facility maturing on December 31, 2013. For full story, click here
Amid profit-booking and weak global cues, nickel extended its slide and slipped 1.45 per cent in early trade Multi Commodity Exchange today. For full story, click here