Nickel miner Western Areas on Tuesday increased the cap of its planned share purchase plan (SPP) from A$10-million to A$15-million after applications for the SPP exceeded A$20-million.

The London Metal Exchange (LME) today announces the successful launch of LMEshield, the new electronic warehouse receipt system for the global commodities market. The first receipt was issued by Henry Bath & Son Ltd on behalf of BNP Paribas Arbitrage SNC.

Canada has a reputation worldwide as the epicenter for mining exploration, and over the years the country’s junior-listed companies have created billions of dollars in wealth through new mineral discoveries.

“The User Committee is an integral and unique part of the way the LME operates,” says Garry Jones, LME CEO. “It acts as a sounding board on LME services for the Exchange’s users, and advises the LME on strategic issues.”

[www.ferro-alloys.com]Today, there is a stable trend of fereronickel prices, but few ferronickel industries in non-main district plan to restart.

According to the statistics released by the U. S. Department of Commerce, the export result of nickel scrap in February 2016 was 2,549 tons,

[Ferro-Alloys.com]Japan’s nickel-containing stainless steel scrap purchase prices were at ¥100,000-110,000/ton in April, in Kanto area, remained as high compared to March’s level.

[Ferro-Alloys.com]Marcventures Corporation, one of the largest nickel mines in the Philippines said recently, the company considered the construction of a processing plant, in order to increase production and exports.