Mining Projects Group (ASX:MPJ) highly anticipated drilling program at the Roe Hills Project has delivered a narrow nickel-copper sulphide vein grading between 10.0%-12.6% nickel and up to 2.75% copper in the first diamond hole.The 3cm wide pyrrhotite-pentland...
Base metals reversed from Monday’s stronger close on LME trading, starting the week’s Asian trading mostly lower this Tuesday after yesterday’s Mid-Autumn break.
The base metal prices on the London Metal Exchange (LME) closed higher on Monday, with nickel prices climbing to a three-month high amid concern that ore shipments from the Philippines will drop.
Nickel prices climbed to their highest in seven weeks on Thursday as speculators returned to the market on worries that the Philippines could follow Indonesia in banning unprocessed ore exports.
Norilsk Nickel is the largest nickel and palladium producer in the world. Norilsk Nickel’s net profit tripled in the first half of this year, the company said in its first-half 2014 interim financial results.
Mwana is pleased to announce the completion of an independent study of an accelerated restart plan for the nickel smelter of its 76.3% owned, Zimbabwe-based subsidiary, Bindura Nickel Corporation.