Mutiny Gold Limited: ASX:MYG, a diversified Australian resources company, has announced that it has signed an agreement with Mac Equity Partners Pty. Ltd. to secure the necessary funds to continue aggressive exploration activities at its two flagship Western Australian projects. The two projects are the White Well gold project in the Murchison and the Widgie [...]
Nickel prices hit a 21-month high Wednesday, up 34.9 percent over the first quarter. Some analysts believe this trend will continue with expectations of stronger demand from stainless steel mills.
The government will place the new national mining policy in Parliament by the winter session which would allow foreign direct investment in the exploration of capital-intensive minerals like copper, nickel and chromium. For full story, click here
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 [...]
ET declared that price of nickel moved up by 16% WoW this week against the previous week due to production cuts and investment purchasing. Nickel futures on London Metal Exchange closed up 16% at USD 12,725 per tonne after making a high of USD 12,844. According to base metals analyst Ms Reena Walia from Angel [...]
Price of nickel, which is used in stainless steel, rose by 16% this week against the previous week due to production cuts and purchasing. Nickel futures on London Metal Exchange closed up 16% at $12,725 per tonne after making a high of $12,844. For full story, click here
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 [...]
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, [...]
The mining giant suffers a stinging loss as it closes a giant Australian mine that had had operational problems from the start. For full story, click here
Overview Bold Ventures Inc. (BOL: TSX.V) is an exploration company with three Canadian projects. The Company’s main emphasis is on two Nickel-Copper-PGE exploration properties located in the McFaulds Lake area ‘Ring of Fire’. In addition, Bold continues to actively investigate additional opportunities in the ‘Ring of Fire’ area. Investment Highlights: Option agreement with Noront Resources [...]
Friday, May 21, 2010