Base Metals: Nickel Declines
Bloomberg reported on base metals trading on Friday noting nickel and most other metals fell.
Bloomberg reported on base metals trading on Friday noting nickel and most other metals fell.
Globe and Mail reported Desjardins Securities Inc. says nickel is the buying opportunity now for commodities investors.
IBTimes reported while most metals fell, nickel rose 1.3% on Tuesday.
CNBC reported Indonesia plans to impose a 25 percent export tax on coal and base metals this year, jumping to 50 percent in 2013, an industry ministry official said on Tuesday.
Mining Weekly reported even with increased costs expected in mining supply constraints will keep the price of base metals including nickel high.
Bloomberg reported nickel and other base metals rose on Tuesday on hopes construction in China will resume full tilt this spring.
Reuters reported the LME has delayed the start of a new fee that is expected to cut revenues by 5% to July 2 instead of March 1.
Bloomberg reported most base metals were up on Monday as nickel rose more than one percent.
Financial Post reported nickel dropped on trading on Thursday on news the metal is in surplus.
Bloomberg reported the Jakarta Composite Index sand 1.7% on Friday, the most since January on the announcement Indonesia plans to ban export of raw materials like nickel.
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