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 [...]
MO Capital Markets surged its mid-term nickel price assumptions by 26% to US$5.80/lb and 36% for 2010 to US$7.50/lb. BMO analysts David Cotterell, Bark Melek, David Radclyffe, and Tony Robson, stated: Additional factors include signs of an economic bottom in the U.S., the fact that the Chinese economy is showing the capacity to absorb large [...]
The surging trend in nickel remained unabated on the non-ferrous metal market here today on the back of heavy stockists purchasing driven by firming trend in overseas market. For full story, click here
Nickel and tin dipped sharply on the non-ferrous metal market here today in the absence of industrial demand amid slipping trend in London Metal Exchange. For full story, click here
By Leia Michele Toovey- Exclusive to Nickel Investing News Nickel took part in the base metal’s slide this week; with nickel futures dropping from cash buyer $15,600 per tonne on the LME last Friday, to $14,950 per tonne on Tuesday’s close. The sharp losses in futures values hit all the base metals as another round [...]
Vale has forecasted that global nickel demand is showing some limited signals of improvement. For full story, click here
The global nickel market will be in an 80,000 tonnes surplus in 2009, as dipping demand continues to outpace cutbacks made by producers. For full story, click here
Xstrata Nickel Australasia has informed its employees and relevant stakeholder’s of its plans to delay the development of the underground mine at the Sinclair operation due to current market conditions. For full story, click here
Prices of nickel moved down moderately on the non-ferrous metal market here today due to lack of demand from industrial users. For full story, click here
By Leia Michele Toovey- Exclusive to Nickel Investing News Nickel has kicked off 2009 as the worst performing metal; declining 15 per cent in the first two months of the year, the most among LME traded metals. Inventories are well on their way to rise above 100,000 tonnes, the highest since June 1995. Prices will [...]
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