Bloomberg reported United Co. Rusal (RTB:OKSA) is considering a plan to sell Rusal’s 25 percent stake in OAO GMK Norilsk Nickel (LON:MNOD) back.
Continue reading "Rusal Chairman Said to Consider Plan to Sell Back Norilsk Stake"
Monday, August 22, 2011
Bloomberg reports United Co. Rusal’s (HKG:0486) Russian depositary receipts dropped after OAO GMK Norilsk Nickel (MCX:GMKN) lowered its offer.
Continue reading "Rusal Slides as Norilsk’s Lower Offer Dims Deal Prospects"
Friday, August 19, 2011
Bloomberg reports OAO GMK Norilsk Nickel (MCX:GMKN) offered to buy back a 15 percent stake held by United Co. Rusal (HKG:0486) for $8.75 billion.
Thursday, June 16, 2011
Mineweb reports the claim Rusal (EPA:RUSAL) made against Norilsk Nickel (LON:MNOD) and Corbiere was dismissed.
Wednesday, December 29, 2010
Mineweb.com reports that it is likely that Norilsk Nickel's current share buyback plan will just antagonize Rusal.
Continue reading "Norilsk Nickel $4.5bn buyback plan may further inflame RUSAL"
Thursday, December 23, 2010
Bloomberg.com reports that Rusal has called for the removal of the entire board at Norilsk Nickel
Continue reading "Russian tycoon calls for EGM at Norilsk Nickel"
Thursday, November 27, 2008
By Leia Michele Toovey- Exclusive to Nickel Investing News The global economic slowdown has impacted the stainless steel market, which has in turn curbed demand for nickel. Now, nickel market participants are struggling to stay afloat. The price of nickel used in stainless steel has slumped more than 60 per cent this year, and many [...]
Continue reading "Nickel miners scale back"
Thursday, November 6, 2008
By Leia Michele Toovey- Exclusive to Nickel Investing News The price of nickel has been on a downward spiral since it touched a high of US$51,800 per tonne in May 2007. Currently, the metal has been operating in the US$12,400 range, and further declines are expected. Analysts predict that as the financial crisis spreads, nickel could [...]
Continue reading "Further downside expected for nickel"
Wednesday, October 29, 2008
By Leia Michele Toovey- Exclusive to Nickel Investing News The price of nickel used in stainless steel has slumped more than 60 per cent from the beginning of this year and some mining companies have been forced to cut back output or delay projects as prices have fallen below the marginal cost of production. Nickel [...]
Continue reading "Miners adjust operations to cope with low nickel prices"
Wednesday, October 8, 2008
By Leia Michele Toovey- Exclusive to Nickel Investing News Nickel futures were bearish in trading on Wednesday on India’s Multi Commodity Exchange, the MCX. Nickel October contract was trading down 3.08 per cent at Rs 665 a kg as compared to its previous closing of Rs 686.10. While it opened at Rs 687.90 in the [...]
Continue reading "Market flop hindering nickel mine financing"
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Tuesday, September 20, 2011