Nickel Industry News

Duluth Metals Highlights 70 feet of 0.83% Copper, 0.28% Nickel and ...
Wed, 22 May 2013 11:00:00 +0100
Duluth Metals Highlights 70 feet of 0.83% Copper, 0.28% Nickel and 0.876 grams TPM at Maturi Southwest in the Twin Metals Minnesota Project


Commodity Trading Tips for Nickel by KediaCommodity
Wed, 22 May 2013 01:50:00 +0100
With the Chinese government tightening control on property sector and with speculation in metal market being reined in, any immediate pickup in base metal demand should be impossible. Falling copper imports by China, the world's largest copper consumer ...


Baosteel Stainless cuts export prices for May
Tue, 21 May 2013 21:55:00 +0100
... s learned that Baosteel Stainless decided to cut its export prices for 304 grades hot rolled and cold rolled stainless steel products by USD 100 per tonne respectively. Meanwhile, Baosteel Stainless remained its export prices for 430 grades HR and CR ...


Dumont Nickel Mine Project - Public Comments Invited
Tue, 21 May 2013 16:15:00 +0100
OTTAWA , May 21, 2013 /CNW/ - The Canadian Environmental Assessment Agency is conducting a comprehensive study type environmental assessment of the proposed Dumont Nickel Mine Project located in Quebec ...


LME OFFICIALS: Copper prices up in official session; short positions ...
Tue, 21 May 2013 07:44:00 +0100
The levels of short positioning are even more extreme in metals. In LME Copper we have the largest short positions since 2008 and they are moving into a process of liquidation, the trader said in a note. This means that regardless of ...


Global and China Stainless Steel & Products Industry Report ...
Tue, 21 May 2013 04:39:00 +0100
http://www.reportlinker.com/p01187987/Global-and-China-Stainless-Steel--Products-Industry-Report-2012-2015.html#utmsource=prnewswire&utmmedium=pr&utmcampaign=MetalMining In recent years, China relying on its substantially increased ...


Copper,nickel rise on industrial demand, global cues
Tue, 21 May 2013 03:33:24 +0100
New Delhi, May 21 (PTI) Prices of copper and nickel rose by Rs 2 per kg on the local non-ferrous metals market today on increased industrial demand. Traders said increased industrial demand in the wake of a firm global trend mainly led to rise in copper ...


Metals-copper Rises On Weak Dollar, Growth Worries Linger
Mon, 20 May 2013 09:20:00 +0100
"Nickel (is) taking over from perpetually oversupplied aluminium and zinc as the one with the biggest surplus, at least this year," analyst Leon Westgate said in a note. "(The surplus) is equivalent to 3.8 percent of global consumption. This is percent and ...


LME Inventory data: Aluminium, Copper, Lead declines; Nickel gains ...
Mon, 20 May 2013 04:44:00 +0100
LONDON (Commodity Online): Nickel inventories gained at London Metal Exchange (LME) on Monday by 810 while Zinc gained by 300 tons. Aluminium stock declined 7375 tons while Copper stocks have fallen by 1925 tons. Lead stocks declined by 1500 tons.


Metal production drops 18%
Sun, 19 May 2013 10:51:00 +0100
Production volume fell by seven percent to 41,383 dry metric tons (DMT) in 2012 from 38,798 DMT in 2011. Nickel direct ore shipment value rose by 36 percent to P34.874 billion in 2012 from P25.601 billion in 2011. Production volume rose by 22 percent to 25 ...


Glencore Xstrata Q1 nickel assets update
Sat, 18 May 2013 20:53:00 +0100
In Q1 2013, own sourced nickel production was 25,500 tonnes, a 4% increase versus the comparable period. This increase was primarily driven by higher production at Murrin Murrin, reflecting consistent plant availability and the impact of the ...


China nickel pig iron producers cut costs
Thu, 16 May 2013 22:43:52 +0100
... of nickel pig iron are racing to upgrade their facilities as reduced demand from stainless steel mills and weaker nickel prices drive them to cut costs. That could boost low cost capacity and weigh further on prices in the world's top consumer, in ...


Mining the deep blue frontier
Thu, 16 May 2013 18:50:51 +0100
Even by Howard Hughes' eccentric standards, the great manganese nodule hunt was a bizarre episode. News that the reclusive billionaire was intent on recovering metallic nodules - potato-sized rocks rich in manganese, copper, nickel,...


China nickel-pig-iron producers cut costs amid weak demand
Thu, 16 May 2013 01:59:00 +0100
HONG KONG, May 16 (Reuters) - China's producers of nickel-pig-iron are racing to upgrade their facilities as reduced demand from stainless steel mills and weaker nickel prices drive them to cut costs. That could boost low-cost capacity and weigh ...


Mining Sector: African Eagle plummets on cost-cutting restructure
Wed, 15 May 2013 08:40:00 +0100
The company has been in talks with its major shareholders and other institutional investors to assess the potential to raise additional equity financing to progress the Dutwa lateritic nickel project and to explore the potential of the Dutwa and Zanzui ...