First Nickel Plans to Address Safety Issues
First Nickel Inc. (TSX:FNI) announced it has completed an assessment of the No. 2 shaft and established a plan to address the deficiencies raised in the Ministry of Labour order.
First Nickel Inc. (TSX:FNI) announced it has completed an assessment of the No. 2 shaft and established a plan to address the deficiencies raised in the Ministry of Labour order.
Globe and Mail reported Sherritt International Corp. (TSX:S) reported a sharp drop in its first quarter earnings compared with a year ago, hit by lower nickel prices and higher costs.
Talvivaara (LSE:TALV) announced it has forecast nickel prices would be around $20,000 per tonne in the long term, after reporting a quarterly operating loss due to cheaper nickel.
Globe and Mail reported on small-cap stocks to continue watching in Canada on Tuesday.
Mining Weekly reported Western Areas (TSX:WSA,ASX:WSA) reported record sales for the first quarter of 2012 despite a decrease in production.
Reuters reported Vale's (SAO:VALE5) nickel production likely fell in the first quarter.
Reuters reported on base metals trading on Friday noting nickel rose after BHP Billiton (NYSE:BHP) announced an increase in production.
Bloomberg reported Indonesia will proceed with a plan to ban exports of unprocessed metal ores including nickel while confirming an exemption for producers that intend to treat output locally.
Mining Weekly reported an Indonesian government official has suggested small base metals miners team up with larger smelters to avoid a coming ban on raw exports including nickel in the island nation.
Bloomberg reported Norilsk Nickel (LSE:MNOD) has reached a three-month low on plummeting nickel trade in China.
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