Articles Tagged "exploration"

Further downside expected for nickel

By Leia Michele Toovey- Exclusive to Nickel Investing News The price of nickel has been on a downward spiral since it touched a high of US$51,800 per tonne in May 2007.  Currently, the metal has been operating in the US$12,400 range, and further declines are expected.  Analysts predict that as the financial crisis spreads, nickel could [...]

Consolidated Minerals slashes exploration, sacks employees

The Ukrainian-owned manganese and nickel miner announced that the staff to be laid off worked for the company’s Kambalda nickel operations in Western Australia’s Goldfields region. Hartleys analyst Andrew Muir said: The list of miners announcing cutbacks and deferment of projects was the “first wave” and that there was likely to be more. Both miners and explorers [...]