After witnessing a week-long winning streak, nickel futures on Tuesday have turned weak and lost up to 1.18 per cent on the Multi Commodity Exchange as traders took profits at current higher prices amid overnight weakness on the London Metal Exchange. For full story, click here
Continue reading "Nickel Futures dipped as profit-booking emerged"
Friday, June 19, 2009
Xstrata Nickel declared that it has presented a cheque for $6.8 million to Makivik Corporation, representing its share of the profits generated by the Raglan nickel mine in 2008. For full story, click here
Continue reading "Makivik Nickel share has dwindled to $6.8 mln"
Friday, June 5, 2009
Nickel prices on Wednesday slipped slightly in early trade on the Multi Commodity Exchange as speculators booked profits at prevailing higher levels amid fall in the metal prices at the LME overnight. For full story, click here
Continue reading "Nickel Futures have dipped on profit taking"
Tuesday, June 2, 2009
By Leia Michele Toovey- Exclusive to Nickel Investing News On Monday, Nickel prices extended last week’s rally; as positive manufacturing data out of China, the world’s third largest economy lifted the base metals. Extra impetus came as the weakening greenback made nickel more economical for holders of other currencies. Many analysts are still trigger shy [...]
Continue reading "Nickel onboard for a base metal rally"
Thursday, May 7, 2009
Brazilian miner Vale declared that its profits have dipped 33 percent in the first quarter as the global economic slump has reduced demand for iron ore, nickel, aluminum and other metals. For full story, click here
Continue reading "Vale’s Q1 profits dips 33%"
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Tuesday, July 21, 2009