Mirabela Nickel Ltd. surged that it has raised A$50.5 million from the Australian component of its previously announced equity raising. For full story. click here
ASX- and TSX-listed base metals-miner Mirabela Nickel declared that it has commenced mining at its Santa Rita open-cut nickel sulphide mine, in Brazil. For full story, click here
Mirabela Nickel Ltd has joined the ranks of nickel producers with the commencement of mining at its flagship Santa Rita project in Brazil. For full story, click here
Platts declared that Mirabela Nickel is planning another round of capital surging to pay for cost overruns at its flagship Santa Rita nickel project in Brazil. 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 [...]
Mirabela Nickel Limited declared the placement of 5 million shares to institutional investors at A$2.15 each to raise A$10.75 million. 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 [...]
Mirabela Nickel Ltd., the world’s third-largest open-pit nickel mine in Brazil, gained in Sydney after announcing that it will sell shares and secure loans to raise $310 million. The company’s shares surged 1.4 percent to A$1.45 at the close of trading. For full story, click here
By Leia Michele Toovey- Exclusive to Nickel Investing News Nickel prices have slumped over 80 per cent to about $9,850 a tonne since reaching a record high of $51,800 in May 2007. Many nickel enterprises have already chosen to suspend production on account of low prices, but these output cuts have failed to keep pace [...]
Mirabela Nickel is keeping hopes to capture significant funds to complete its massive South American project inspite of the fact there could be risks in finalising the capital. Troy Irvin, analyst, said: However, the banks are still open for business for world-class assets. For full story, click here
Monday, August 10, 2009