Goldman Sachs has significantly hiked its average price forecasts for nickel and zinc for this year and next to reflect tight supplies, the U.S.-based investment bank said in a research report.
The bank revised up its average nickel price forecast to $23,874 a tonne for this year against a previous forecast of $18,940. The 2007 forecast [...]
True North Gems is pleased to announce the completion of the 2006 airborne program for its wholly owned Bandito (formerly known as Corundum Dome) nickel property in the Watson Lake Mining District, Yukon Territory, Canada.
McPhar Geosurveys Ltd. has concluded its low altitude airborne, THEM time domain EM and magnetometer geophysical survey over the Bandito [...]
Managers with Inco Ltd. are counting on luring homesick Newfoundlanders to solve a skills shortage for the construction of a nickel processing facility.
With skilled trades workers already in short supply - and the provincial job situation getting tighter because of much higher wages in Alberta - Inco admits that it will have a challenge filling [...]
First Nickel Inc. announces that it has filed with the Canadian securities regulatory authorities its unaudited financial statements and management’s discussion and analysis of financial results for the three and nine months ended September 30, 2006.
The Company recorded net earnings of $1,424,209, or $0.02 per share for the three month period ended September 30, 2006. [...]
Augyva Mining Resources Inc is pleased to announce high grade grab sample results in copper and highly anomalous soil samples results in gold, nickel and copper on its Yasinski property in James Bay. All analyses were carried out by ALS Chemex in Val d’Or, Quebec, an internationally recognized essayer.
The Rock samples and soil samples [...]
Brazilian mega-iron ore miner CVRD Thursday predicted that global iron ore and nickel markets will remain tight, and copper inventories will continue to be critically low.
During a conference call to discuss third-quarter results, CVRD Finance Director Fabio Barbosa said the CEIC Data, which specializes in Asian economic research, forecasts a 13% average annual growth rate [...]
Norilsk Nickel , the world’s top nickel and palladium miner, has obtained a geological exploration licence for a large nickel, copper and platinum deposit, the Russian company said on Friday.
Norilsk said in a statement it had obtained a licence to explore the Kureysko-Gorbiyachenskaya area on the Taimyr peninsula, where its main Polar division is based.
Russia’s [...]
BOTH the rand and the dollar gold prices are stagnating at around their current levels, but the demand for industrial resources continues at a brisk pace. Lead, for example has gained 66% since mid-June and nickel almost 200% in the past 12 months. The chart shows that over the past 18 months, the basic minerals [...]
The Indonesian unit of Canada’s Inco Ltd. said on Monday its nickel in matte output fell 9.45 percent in the first nine months of the year, mainly due to a fire at one of its furnaces.
PT International Nickel Indonesia Tbk said in a statement it produced 111.1 million pounds, or 50,400 tonnes, of nickel in [...]
A South Korean consortium led by state-run Korea Resources Corp. will invest a total of $1.1 billion to develop a nickel mine in Ambatovy, Madagascar, the commerce ministry said on Monday.
The mine, which is estimated to have 125 million metric tons of nickel, will produce up to 60,000 metric tons of the metal a year [...]
