By Leia Michele Toovey- Exclusive to Nickel Investing News Nickel is one of the leading indicator metals when it comes to economic health. The metal, used chiefly as a component of stainless steel, tends to be one of the first metals to fall when times are bad, as well as one of the first to [...]
By Leia Michele Toovey-Exclusive to Nickel Investing News Nickel prices will most likely be flat, at best, in 2009, according to Robin Bhar, metals analyst for Calyon Credit Agricole CIB, London. However, nickel premiums are difficult to gauge in a market characterized by a lack of demand, rising stocks and sinking prices. LME nickel prices [...]
Overview Based on Indicated and Inferred Resources for the Nokomis Deposit, the Nokomis Deposit ranks as one of the largest Polymetallic Resources to be discovered in North America in decades containing a higher than average grade for deposits within the Duluth Complex. The Nokomis Deposit is located in Northeastern Minnesota, southeast of the town of [...]
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, [...]
By Leia Michele Toovey- Exclusive to Nickel Investing News Under the weight of high inventories, nickel is anticipated to be one of the slowest industrial metals to rebound. LME stocks of nickel are at their highest since around mid-1995. The world refined nickel market was in surplus by 42,900 metric tonnes in January-November of 2008, [...]
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 [...]
By Leia Michele Toovey- Exclusive to Nickel Investing News Nickel started the New Year with a bang, gaining 50% of its value in just two and a half days. The metal, used primarily as a component of stainless steel, was joined by the other major commodities in a rapid rebalancing. Last Friday nickel hit a [...]
By Leia Michele Toovey- Exclusive to Nickel Investing News This week, the base metals have remained range bound, waiting for cues from OPEC Decision, and the conclusion for the proposed auto bailout. After the Federal Reserve issued yet another rate cut that sent the dollar reeling, the base metals were steady. On India’s Multi Commodities Exchange [...]
By Leia Michele Toovey- Exclusive to Nickel Investing News The sharp retreat in the price of nickel in 2008 as demand from the key stainless steel sector plummeted has forced several producers to curb output or defer projects. So far, in 2008, and extending into 2009, mines in Australia, Canada, Finland, Africa and Asia have [...]
By Leia Michele Toovey- Exclusive to Nickel Investing News The global economic slowdown has impacted the stainless steel market, which has in turn curbed demand for nickel. Now, nickel market participants are struggling to stay afloat. The price of nickel used in stainless steel has slumped more than 60 per cent this year, and many [...]
Wednesday, April 1, 2009