Unionized workers at Brazilian miner Vale SA’s nickel operations in Eastern Canada will strike at midnight Friday, joining workers in Ontario who are in their third week on the picket line. For full story, click here
Rusina Mining NL declared the heap leach trial at the Acoje nickel project in the Philippines is now mechanically complete, and 3,000 tonnes of laterite ore is in the process of being crushed for the pad. For full story, click here
Platts declared that Mirabela Nickel is planning another round of capital surging to pay for cost overruns at its flagship Santa Rita nickel project in Brazil. For full story, click here
Mining Journal declared that China Metallurgical Construction Group Corporation has temporarily halted construction work at parts of its USD 1.4 billion nickel project in Papua New Guinea after a government safety review. For full story, click here
By Leia Michele Toovey- Exclusive to Nickel Investing News Nickel will average 6 per cent higher in the fourth quarter than previously forecast after a strike at Vale will reign in supply. Vale workers at the Sudbury nickel operations in Canada are on strike as they are hard- balling management for a change in benefits [...]
MacroAsia Corporation declared that it is seeking for a potential investor for the development of a nickel processing plant for its mining site in Palawan. Mr Joseph T Chua president of MacroAsia declared: We are looking for a potential investor to help us construct the processing plant. The initial exploration results are highly encouraging. For [...]
As per CPM Group, nickel will average 6% higher in the fourth quarter than previously forecast after a strike at Vale SA and surged imports by China. For full story, click here
JSE-listed diversified mineral explorer African Eagle would begin work on the feasibility study of the Dutwa nickel laterite project, in Tanzania. For full story, click here
PT International Nickel Indonesia Tbk has planned to cut 87 jobs, nearly 3 percent of its workforce, to reduce costs in response to the global financial crisis. For full story, click here
MMC Norilsk Nickel expects to post EBITDA of just over USD 3 billion in 2009 on condition that nickel, copper and PGM prices remain at current levels throughout the second half of the year. For full story, click here
