BHP Billiton, the world’s leading miner, has reportedly hired Bank of America-Merrill Lynch to auction its Ravensthorpe nickel operation for up to $1bn. The company mothballed the site in January following a $2.1bn investment. For full story, click here
Western Areas, an Australian nickel producer that supplies BHP Billiton Ltd., surged the most in four weeks in Sydney trading after announcing plans to almost double production at its Forrestania project. For full story, click here
Global miner BHP Billiton Ltd/Plc has asked for as much as $793 million for its idled Ravensthorpe nickel mine in western Australia. For full story, click here
Global miner BHP Billiton Ltd/Plc is asking for as much as A$1 billion for its idled Ravensthorpe nickel mine in western Australia. For full story, click here
By Leia Michele Toovey- Exclusive to Nickel Investing News Nickel futures rose on Thursday as traders indulged in short covering with the view that demand is about to rise. Nickel futures on the MCX and the LME were tracking positive sentiment, on the indication that the global economy is stabilizing. This was a welcome turn [...]
BHP Billiton declared that it has agreed to sell its Yabulu nickel refinery in Queensland to Australian mining magnate Clive Palmer. For full story, click here
BHP Billiton has appeared closer to selling its mothballed Ravensthorpe nickel mine in Western Australia after iron ore billionaire Clive Palmer bought its Yabulu nickel refinery in Queensland and declared an interest in the troubled project. For full story, click here
BHP Billiton, the world’s leading miner, has agreed to sell its Yabulu nickel refinery in Queensland to Australian mining magnate Clive Palmer for an undisclosed amount. For full story, click here
For the second time in less than a month BHP Billiton Ltd has temporarily closed its Perseverance nickel mine in west Australia due to rock falls around the site. For full story, click here
The surging trend in nickel remained unabated on the non-ferrous metal market here today on the back of heavy stockists purchasing driven by firming trend in overseas market. For full story, click here
Saturday, August 15, 2009