The average LME nickel price in H1 2015 was USD 6.2/lb, down from USD 7.8/lb in H2 2014 and USD 7.5/lb in H1 2014. ERAMET Nickel posted current operating income of -€98 million in H1 2015, compared with -€27 million in H1 2014.

Reuters reported that while the prospect of nickel supply tightness has ¡°put a floor under prices,¡± a true recovery won¡¯t happen until Chinese stainless steel mills increase their orders. When that happens, global stockpiles of the metal should begin to sin...

Even longer term, the picture is much the same. BMO anticipates a nickel price of $7.25 in 2017 and $8 in 2018; earlier it had predicted a nickel price of $11 in both years.

At the end of 2014, many market watchers anticipated positive price action in the nickel space in the near term.

Base metals prices are feeling the undertow but Stefan Ioannou, mining analyst with Haywood Securities, says that this is temporary¡ªand that investors may not have to wait long for the next wave of higher zinc and nickel prices. Ioannou says zinc prices could...

While metal prices have bounced back from last week's panicked sell-off, they are still trading at multi-year lows.

Western Areas Ltd., Australia announced that the takeover contract was concluded between a subsidiary of Glencore International AG and Cosmos Nickel Complex (CNC) at the end of last week.

Royal Nickel Corp. (RNX-T) stock jumped 11% on Thursday after announcing it has received the green light for its Dumont nickel project in the Abitibi region of northwestern Quebec.