Articles Tagged "financial"

Norilsk declared 2008 results

Open Joint Stock Company Mining and Metallurgical Company Norilsk Nickel and its subsidiaries announced that it has issued consolidated financial statements as at December 31st2008 and for the year then ended in compliance with International Financial Reporting Standards. For full story, click here

G20 leaders’ support promise spurs nickel

By Leia Michele Toovey- Exclusive to Nickel Investing NewsAt last week’s G20 summit, world leaders gathered and pledged their support to take bold steps to lift the global economy. The summit’s host- UK Prime Minister Gordon Brown claimed the meeting marked the emergence of “A New World Order.”  Together the leaders unveiled a $1,100 bn [...]

Nickel market suffering from oversupply

By Leia Michele Toovey- Exclusive to Nickel Investing News As supply and demand fundamentals have rapidly diverged, nickel has slumped more than 80 per cent from its record $51,800 a tonne price reached in May 2007. Miners have been attempting to bring the split fundamentals into line with production cuts.  So far cuts equal to about [...]