Nickel Market Update (March 27, 2013)
A brief overview of nickel price developments, supply and demand and significant market movers.
A brief overview of nickel price developments, supply and demand and significant market movers.
A brief overview of nickel price developments, supply and demand and significant market movers.
Bloomberg reported Xstrata Plc (LSE:XTA) says investors are quite confident Glencore International Plc (LSE:GLEN)’s $31 billion bid will get their approval.
Platts reported Citigroup says the global nickel market is basically misunderstood with consumer restocking likely to lift prices in the first quarter of 2013.
Bloomberg reported data indicates base metals forecaster Justin Smirk has the best track record for predicting nickel prices.
Duluth Metals Limited (TSX:DM,TSX:DM.U) announced nickel assay results for 23 additional holes on the Maturi Deposit at the Twin Metals Minnesota project.
Bloomberg reported Talvivaara Mining Co. (LSE:TALV) may fail to raise new debt to repay a bond maturing next year on failing production targets.
Reuters reported Canada's Inmet Mining Corp (TSX:IMN) denies that it is in takeover talks following a drop in shares by 5% and a report in The Daily Mail.
Reuters reported Finnish government officials says the Talvivaara (LSE:TALV) nickel mine is not ready to reopen as it continues to leak waste water.
Bloomberg reported an Indonesian Supreme Court ruling will maintain a tight nickel ore export law.
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