Talvivaara Forecasts Nickel at $20,000 a Tonne
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.
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.
Talvivaara (LSE:TALV) reported it has posted its annual report online on Tuesday.
Bloomberg reported Talvivaara (LSE:TALV) rose the most in three years after meeting its nickel target for the year.
Reuters reported Talvivaara (LSE:TALV) plans to increase its production of nickel in 2012 to 25,000-30,000 tonnes.
Bloomberg reported Talvivaara Mining Co. (LSE:TALV) said its mine in Finland already has approval to keep operating from regional authorities.
IBTimes reported Talvivaara Mining Company's (LSE:TALV) short term focus has shifted from maximising production volume to optimising profitability.
Bloomberg reported Talvivaara Mining Co. (LSE:TALV) fell the most after cutting its output estimate, warning of a strike and announcing the departure of its CEO.
It was reported that production at Talvivaara(TALV.L) mine has been stopped due to catalyst failure. The press release is quoted as saying: There could be nickel production delay of 1,000 tonnes or more from Q1 and some or all production can be recovered during Q2. Click here to access the entire press release
Talvivaara Mining , the Finnish-based, U.K.-listed miner, declared that it’s selling 22.28 million shares to existing and new institutional investors, which represents about 10% of its shareholder capital. For full story, click here
Finnish nickel and zinc producer Talvivaara declared that it is unlikely to meet its nickel output targets for 2009 due to lower crushing levels. For full story, click here
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