Reuters reported Panoramic Resources (ASX:PAN) has made a hostile bid of about $43 million for the shares it does not already own in Magma Metals (ASX:MMW,TSX:MMW).
Continue reading "Panoramic Makes Hostile Bid for Magma"
Thursday, February 2, 2012
IBTimes reported BHP Billiton Ltd. (ASX:BHP,NYSE:BHP) and other companies are planning to lay off hundreds of workers as mines and factories shut down in Australia.
Continue reading "BHP Nickel Miners Await Job Cuts"
Thursday, February 2, 2012
Globe and Mail reported Xstrata (LSE:XTA) and Glencore (LSE:GLEN) are discussing the possibility of a merger giving Xstrata control of a nickel mine in Canada.
Continue reading "Xstrata and Glencore Contemplate Merger"
Wednesday, February 1, 2012
Bloomberg reported on commodities trading around the world on Wednesday, noting nickel and other base metals edged up.
Continue reading "Commodities: Nickel Edges Up, BHP Reduces Production"
Wednesday, February 1, 2012
Bloomberg reported nickel ore is the most dangerous cargo on dry bulk ships.
Continue reading "Nickel Ore: Deadliest Cargo?"
Tuesday, January 31, 2012
Reuters reported base metals trading on the London Metal Exchange noting nickel fell on slowing demand from China.
Continue reading "Nickel Falls on Slowed Chinese Demand"
Tuesday, January 31, 2012
Mining Weekly reported First Point Nickel (TSXV:FPX) is planning to mine naturally occurring stainless steel at its Decar project in British Columbia.
Continue reading "First Point Hopes to Drill Naturally Occurring Stainless Steel"
Monday, January 30, 2012
Reuters reported Norilsk Nickel (LSE:MNOD,MCX:GMKN) says it output of nickel will rise in 2012.
Continue reading "Norilsk Nickel Output Set to Rise in 2012"
Friday, January 27, 2012
Bloomberg reported nickel and other industrial metals declined on Friday on worries Europe's debt crisis may worsen.
Continue reading "London Metal Exchange: Nickel Declines"
Friday, January 27, 2012
Bloomberg reported some companies saw unusual trading on Friday as metal producers surged upward on the Jakarta Composite index.
Continue reading "PT Vale Jumps Up"
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Friday, February 3, 2012