Articles Tagged "mining companies"

Miners adjust operations to cope with low nickel prices

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 [...]

Market flop hindering nickel mine financing

By Leia Michele Toovey- Exclusive to Nickel Investing News Nickel futures were bearish in trading on Wednesday on India’s Multi Commodity Exchange, the MCX. Nickel October contract was trading down 3.08 per cent at Rs 665 a kg as compared to its previous closing of Rs 686.10. While it opened at Rs 687.90 in the [...]

A Slow End for Nickel

By Leia Michele Toovey – Exclusive to Nickel Investing News Despite the week end stock rallies, fuelled by dropping crude, nickel closed the week on a quiet note. In India, on the multi-commodity exchange (MCX), the July contract was trading up 0.56%, the August contract was trading up 0.62%, and the September contract was trading [...]

Introduction to Nickel Investing

Nickel is high lustre, silver-white coloured material that early civilizations confused with silver. Unlike “fools gold” this imposter is in no way worthless. The element has valuable applications that have enabled it to carve its own niche in the precious metals market. Nickel is primarily used as a refined metal with two thirds of global [...]