Owner Kagara Ltd. has declared that the first production of nickel from Australia’s Lounge Lizard deposit will commence in three months. For full story, click here
By Leia Michele Toovey- Exclusive to Nickel Investing News The mining giants that feed the world’s appetite for iron, copper and other industry staples earned piles of money as commodities prices soared the past. Now, they are facing a much different situation. Across the board metals prices have plunged. Right now on the London Metal [...]
Falling prices of Nickel have forced two miners in Western Australia to announce review and restructuring of operations, which may include a likely delay or scrapping of new projects. Peter Johnston, chief executive of Minara Resources, said: While we are in a challenging period of a turbulent commodity market, and nickel has certainly been affected, we believe [...]
Monday, May 11, 2009