Crowflight Minerals declared that additional assay results from underground drilling results at its wholly-owned Bucko Lake Nickel Mine located in the Thompson Nickel Belt near Wabowden, Manitoba. For full story, click here
China’s nickel producers Jien Nickel in a filing to the Shanghai Stock Exchange declared that it is now the biggest shareholder of Australia’s Metallica Minerals, after buying 19.95% of the company with AUD 5.16 million. For full story, click here
Crowflight Minerals reported to have entered into an agreement with a syndicate of underwriters which will purchase shares and warrants on an underwritten private placement basis. For full story, click here
By Leia Michele Toovey- Exclusive to Nickel Investing NewsAt last week’s G20 summit, world leaders gathered and pledged their support to take bold steps to lift the global economy. The summit’s host- UK Prime Minister Gordon Brown claimed the meeting marked the emergence of “A New World Order.” Together the leaders unveiled a $1,100 bn [...]
Japan Oil, Gas & Metals National Corporation held a meeting to report about the present situation and an outlook concerning minerals and metals with major focus on the world demand for nickel. For full story, click here
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 [...]
Investors have sent shares in nickel explorer Focus Minerals lower after company reported that it would raise up to $28 million to fund its aggressive growth strategy. For full news, click here For company’s website, click here
Tuesday, June 2, 2009