Tag Archive | "hurricane"

US dollar drop fails to lift nickel in light of Lehman bankruptcy

Monday, September 15, 2008

By Leia Michele Toovey- Exclusive to Nickel Investing News Nickel prices tumbled more than 5 per cent on Monday as investors sold-off metals amid financial turmoil after Lehman Brothers filed for bankruptcy. The decline in the U.S. dollar failed to compensate for the Lehman instigated sell-off flurry. Analysts, however, are urging investors to sit tight [...]

Cuba restarts some nickel production after Ike

Sunday, September 14, 2008

Cuba’s nickel industry has restarted some production after being damaged by Hurricane Ike a week ago. Basic industry Minister Yadira Garcia said: The state-owned Pedro Sotto Alba plant in Moa Holguin was operating and another state-owned plant in Nicaro Holguin was preparing to open. For full story, click here

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