BHP axes nickel operations in Western Australia
BHP Billiton Ltd., the world’s largest mining company and the fourth-largest nickel producer, announced today that is decreasing mining operations at its West Australian locations by 30 percent.
Nickel, copper, molybdenum and zinc demand all trending up
RBC Capital Markets forecasts copper demand growth of 3.6% in 2011, 5.5% in 2012, 5.6% in 2013, and trend growth of approximately 4.0% in 2014 and 2015.
SGS Metallurgy chosen for hydromet testing of Dutwa nickel ores
African Eagle is moving ahead with metallurgical testwork on its big Dutwa nickel resource in Tanzania and has contracted SGS Metallurgy of Perth to undertake this.
Norilsk Nickel to reduce production in 2012
The miner is expecting to reduce production this year to adapt to a slight fall in global metals demand, but does not see a slump into another global economic crisis.
Nickel Rises on Signs Demand to Top Supply: Commodities at Close
The Standard & Poor’s GSCI Spot Index of 24 raw materials rose 0.4 percent to close at 659.77 at 4:27 p.m. in New York, led by nickel.
Barclays commodities research: bullish on US crude, bearish on nickel
Although Barclays is positive on the prospects for commodity prices in Q1, for now they are still positioning relatively cautiously across sectors.
Steel replacing nickel in Canadian one- and two-dollar coins
The Globe and Mail reports that Canadian one- and two-dollar coins, known as "loonies" and "toonies", will this spring be made from steel, replacing the more expensive nickel they are currently made from:
Nickel Asia posts record high exports
Listed Nickel Asia Corp. (NAC) hit a record high in shipment volumes last year amid strong demand from China, a disclosure to the local bourse showed yesterday.
Canadian firm to mine nickel in Tanzania
Canadian mineral explorer Continental Nickel Ltd (CNI) is set to start mining the mineral in southern Tanzania following positive exploration results.
India copper, nickel up on industrial demand
Copper and nickel prices rose by Rs 2 per kg in the local non-ferrous metal market today on pick-up in industrial demand amid a firming global trend.