By Leia Michele Toovey- Exclusive to Nickel Investing News The mining giants that feed the world’s appetite for iron, copper and other industry staples earned piles of money as commodities prices soared the past. Now, they are facing a much different situation. Across the board metals prices have plunged. Right now on the London Metal [...]
Continue reading "Mining giants feel the pinch"
Monday, September 1, 2008
Reuters reported that PT Aneka Tambang Tbk of Indonesia, state owned miner, has revised its nickel sales target up by nearly 6% for 2008 from an earlier target to increase revenue as nickel prices lessen. Mr. Alwin Syah Loebis, president director of Antam, was quoted as saying: We plan to increase ferronickel sales in anticipation [...]
Continue reading "PT Aneka Tambang Tbk revised its nickel sales target for 2008"
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Thursday, November 20, 2008