By Leia Michele Toovey- Exclusive to Nickel Investing News On Monday, Nickel prices extended last week’s rally; as positive manufacturing data out of China, the world’s third largest economy lifted the base metals. Extra impetus came as the weakening greenback made nickel more economical for holders of other currencies. Many analysts are still trigger shy [...]
Continue reading "Nickel onboard for a base metal rally"
Wednesday, February 4, 2009
By Leia Michele Toovey- Exclusive to Nickel Investing News Nickel prices entered the New Year with upward momentum, as the annual commodity index rebalancing was positive for the base metals. Now, it is one month into the year and the gains have halted. London Metal Exchange three-month nickel closed Friday at US$11,150 a metric tonne, [...]
Continue reading "Lack of purchases halt nickel"
Wednesday, November 12, 2008
By Leia Michele Toovey- Exclusive to Nickel Investing News The industrial metals experienced an early week price lift backed by stock market momentum from China’s stimulus plan. Further impetus to the metals came by way of a pledge by the G20 group to take all necessary measures to get financial markets back on their feet. [...]
Continue reading "China’s stimulus package gives nickel short-term relief"
Wednesday, November 12, 2008
International Nickel Ventures Corporation posted its financial results for the period ended September 30, 2008. For full story, click here For compny’s website, click here
Continue reading "International Nickel Ventures Corp posts Q3 earnings"
Tuesday, October 7, 2008
Norilsk Nickel’s net profit fell by a 3rd in the first half of 2008 as the miner surrendered to growing inflation in Russia and a 40 percent fall in Nickel prices. Dmitry Smolin, mining analyst at UralSib Financial Corp., said: In the falling commodity price environment, we don’t expect Norilsk stock to recover to its [...]
Continue reading "Norilsk net profit declines"
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Tuesday, June 2, 2009