Mining Weekly reports Minara Resources (ASX:MRE) says its revenue and profit for the previous six months will likely be lower than last year.
Continue reading "Minara Expects Lower Half-Year Profit, Revenue"
Wednesday, July 13, 2011
Mining Weekly reports Minara Resources (ASX:MRE) has trimmed its production guidance for 2011 on the back of technical difficulties at its mine in Western Australia.
Continue reading "Minara Cuts 2011 Nickel Output Guidance"
Tuesday, October 20, 2009
By Kishori Krishnan Exclusive To Nickel Investing News A crisis of sorts appears to be playing out in Australia, which is the third largest nickel producer, after Canada and Russia. Mining experts have woken up to the fact that Australia needs to protect against potential loss of market overseas. “Two years ago, we had nickel [...]
Continue reading "Australia To Protect Its Nickel"
Wednesday, October 29, 2008
By Leia Michele Toovey- Exclusive to Nickel Investing News The price of nickel used in stainless steel has slumped more than 60 per cent from the beginning of this year and some mining companies have been forced to cut back output or delay projects as prices have fallen below the marginal cost of production. Nickel [...]
Continue reading "Miners adjust operations to cope with low nickel prices"
Monday, October 27, 2008
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 [...]
Continue reading "Kagara & Minara Resources review operations"
Wednesday, September 10, 2008
By Leia Michele Toovey- Exclusive to Nickel Investing News Nickel futures fell on Wednesday after Cuba announced that its nickel operations escaped the wrath of Hurricane Ike. Production in the region was halted on Sunday before Ike made landfall with 195-kph winds in the eastern province of Holguin, where the mines and plants are located. [...]
Continue reading "Nickel futures fall as Cuban nickel operations escape Ike"
Thursday, September 4, 2008
By Leia Michele Toovey- Exclusive to Nickel Investing News London Metal Exchange nickel dropped by approximately five per cent to two week’s low as the stronger greenback made the metal more expensive for holders of other currencies. Nickel dropped by 4.7 per cent to US$19,300 a tonne, it’s lowest since August 20, 2008. LME inventories [...]
Continue reading "Strengthening greenback puts downward pressure on Nickel"
Tuesday, August 12, 2008
By Leia Michele Toovey- Exclusive for Nickel Investing News Last Thursday, nickel rose the most in almost a month in LME trading after Industrial Metallurgical Holding said it may cut production because of this year’s price slump. Industrial Metallurgical shut its two nickel plants for 10 days at the end of July 2008 for maintenance [...]
Continue reading "Nickel gains steam, but is it too little too late?"
Monday, August 11, 2008
UBS have cut their target price on nickel stock Minara by 50% from 370c to 185c. For more information, click here
Continue reading "UBS cuts their target price on nickel stock Minara"
Wednesday, August 6, 2008
MINARA Resources, Australia’s No 2 nickel producer, reported 80 per cent fall in net profit for the half year due to rising costs and declining commodity prices. For full news, click here
Continue reading "Minara’s profit declines 80 percent"
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Monday, August 15, 2011