UBS Optimistic on Nickel and Other Mining Stocks
Reuters reported that UBS Investment Research has recommended buying of selected mining stocks such as nickel, citing the soaring prices of nickel as well as an encouraging macroeconomic environment.
Articles Tagged "Nickel Stocks"
Nickel Market Misunderstood, Restocking Likely
Platts reported Citigroup says the global nickel market is basically misunderstood with consumer restocking likely to lift prices in the first quarter of 2013.
Inmet Mining Corp Shares Fall 5%, Denies Takeover Talks
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.
S&P Gives Quantum Minerals B+ Rating
Reuters reported Standar Poor's Credit Agency has lowered First Quantum Minerals' (TSX:FM,LSE:FQM) rating to a "B+."
Tensions Flare in Nickel Rivalry
Reuters reported tensions remain high and reconciliation between the two main shareholders of Norilsk Nickel (LSE:MNOD) is unlikely.
Xstrata Attempts To Woo Back Shareholders
Financial Post reported with Glencore’s (LSE:GLEN) takeover bid of Xstrata (LSE:XST) is likely to fail, leaving Xstrata to woo back shareholders.
Liberty Mines Halts Nickel Production, Receives Loan
Reuters reported Liberty Mines Inc (TSX:LBE) halted production as nickel prices remain depressed and said its largest shareholder has committed a loan of C$5 million.
Sherritt Profits Drop, Shares Rise
Reuters reported Sherritt International Corp (TSX:S) said its second-quarter profit fell 32 percent on lower nickel prices and lower export thermal coal sales volumes, however its shares rose.
Russia Stocks: Norilsk Nickel
Bloomberg reported the 30-stock Micex Index rose 0.6 percent to 1,434.47 by the close in Moscow.
Nickel Asia Leads Earnings
Reuters reported Thomson Reuters StarMine data shows Nickel Asia is one of the top stock performers in the Philippines.
