Nickel close to month-high as Indonesia keeps ore ban
The country effectively halted all but processed metal shipments in January in an effort to force miners to build smelters.
First point minerals intersects broad zones of magnetically recovered nickel in drilling at Mich property in Yukon
First Point Minerals Corp. (FPX-TSX) ("First Point" or the "Company") is pleased to announce results from its first diamond drilling campaign at the 100%-owned Mich nickel-iron alloy ("awaruite") property, located 55 kilometres southeast of Whitehorse in the southern Yukon Territory.
BHP abandons Venus nickel project in Australia
The news comes barely a day after the miner announced it was scrapping the sale of its Nickel West division.
BHP Billiton scraps sale of Nickel West division
The world's largest mining company has scrapped the sale of Nickel West and will continue operating the unit after failing to find a buyer at the right price.
Nickel price jumps again – Chinese stocks gone by April
After a brutal two-month sell-off, the nickel price is recovering as Chinese port stocks are depleted and global stainless steel output picks up.
Brazil’s Vale close to becoming world’s largest nickel producer
The miner beat estimates after logging a 16% jump in Q3 nickel production, taking total output of the metal this year to 201,400 metric tons.
Stefan Ioannou: copper, nickel and zinc won’t be cheap for long
The all-powerful U.S. dollar is currently hammering base metals and base metal equities. Haywood Securities Mining Analyst Stefan Ioannou says that increasing demand and near-term supply shortages make base metals a bargain that won't last.
Vale to ditch 20% of its nickel assets in Indonesia
The agreement signed with Indonesia’s outgoing government also means higher royalties to be paid by the firm.
Ship laden with Arctic nickel on historic Northwest Passage voyage
The polar class vessel is loaded with a cargo of nickel concentrate from Nunavik’s Deception Bay destined for the port of Bayuquan, northern China.
Nickel price tipped to average $20,000t in 2015 as sector prepares for more buoyant annual gathering
An average nickel price of US$20,000 per tonne has been forecast for Australian nickel producers in 2015 – but the sector has been urged to keep its grass roots focus on untapped potential nickel discoveries in Australia, rather than overseas.
