The nickel price can only go up
This trailblazing company is ahead of the game in the fastest growing region in the world.
This trailblazing company is ahead of the game in the fastest growing region in the world.
Base metals prices are feeling the undertow but Stefan Ioannou, mining analyst with Haywood Securities, says that this is temporary—and that investors may not have to wait long for the next wave of higher zinc and nickel prices.
Letter of intent signed with Orion Mine Finance
Final regulatory hurdle before construction can start at $2.8 billion nickel project in Quebec, Canada.
The company said the mine will either be put on "care and maintenance" for a possible restart or closed.
On Thursday the stock lost over 7%, closing at 18.30 pounds, after having skyrocketed almost 120% from May 22 to May 26.
The recurring phenomenon — a warming of the Pacific Ocean as part of a complex cycle linking atmosphere and ocean — has in the past affected mine output, triggering price spikes.
For having implemented tangible projects or for taking a proactive approach with respect to health and safety in the workplace.
It's estimated that the labour action generated about US$26 million in losses, forcing BHP to declare force majeure last week.