Indonesia: Vale Retreats
Bloomberg reported on unusual trading on the Jakarta Composite Index on Wednesday.
Bloomberg reported on unusual trading on the Jakarta Composite Index on Wednesday.
Bloomberg reported Indonesia's Jakarta Composite index saw unusual trading on Wednesday.
Bloomberg reported on trading in Indonesia on the Jakarta Composite Index, including nickel miners who saw unusual trading on Friday.
Bloomberg reported some Indonesian companies saw unusual trading in their shares as the JCI fell 1.3%.
Reuters Africa reports that International Nickel Indonesia (JAK:INCO) will invest an estimated $232 million at its Sulawesi mines in 2011.
By Kishori Krishnan Exclusive To Nickel Investing News Nickel prices recently recovered from a seven week-low, but obviously not enough for Canadian mineral exploration company Crowflight Minerals Inc (CML.TO) which has decided to down shutters at its Bucko Lake nickel mine in Manitoba for three months. Around 45 employees are to get the pink slip, [...]
Villagers at a Sulawesi mine operated by PT International Nickel Indonesia Tbk have ended a protest over jobs after reaching an agreement with Inco. For full story, click here
By Leia Michele Toovey- Exclusive to Nickel Investing News Nickel will average 6 per cent higher in the fourth quarter than previously forecast after a strike at Vale will reign in supply. Vale workers at the Sudbury nickel operations in Canada are on strike as they are hard- balling management for a change in benefits [...]
Vale Inco’s Copper Cliff Smelter in Sudbury routinely processes nickel at temperatures approaching 1200 degrees centigrade. But the infrastructure holding the smelter’s two furnaces in place must be inspected, and repaired or replaced every 18 months. For full story, click here
Unionized workers at Vale Inco’s Voisey’s Bay nickel mine in eastern Canada are reported to be into their seventh week of working without a new contract as the company negotiates with the United Steelworkers union. For full story, click here
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