Nickel prices is expected to rise sharply last year, but fell to 12-year low in the end of 2015. However, the situation has not been improved in beginning 2016, due to the sluggish market demand
Reuters reported that the nickel price hit its lowest level in 12 years on Tuesday on the back of concerns about high inventories. As of Tuesday, refined nickel inventories on the LME MNISTX-TOTAL were sitting at 437,334 tonnes, having risen 11 percent in the ...
Nickel miner and refiner Sherritt International Corporation has cautioned the market of an expected $2.4 billion impairment of the Ambatovy joint venture (JV) assets, in Madagascar, citing lower forecast nickel prices.
Lundin Mining is developing a new nickel deposit that could extend the life of its Eagle nickel and copper mine in Michigan’s Upper Peninsula that ramped up to full production in 2015 and is expected to see output gradually decline from this year on, accordin...
Prospective space miner Planetary Resources has showcased the first-ever direct metal print from asteroid metals on Thursday at the Consumer Electronics Show, in Las Vegas, Nevada.
Trade volumes on the London Metal Exchange fell 4.3% in 2015, data from the bourse showed on Friday, dented by slowing growth in Chinese demand for commodities.
KWG Resources is looking to the Far East to secure funding for its proposed 340 km rail corridor, which the project developer believes holds the key to unlocking the vast mineral wealth of the James Bay Lowlands of Northern Ontario.