Inco

Results 411 - 420 of about 439 news for the tag: Inco.

Solar power shines, despite clouds

October 8th, 2006

When Erica Grubb installed solar panels on the roof of her Berkeley house, the decision was both personal and political.
Personal because Grubb used a small inheritance from her mother to purchase the solar panels, which cost $18,000 — $13,000 after rebates.
Political because seeing “An Inconvenient Truth,” Al Gore’s movie on global warming, inspired Grubb, a [...]

A Bet on Ethanol, With a Convert at the Helm

October 8th, 2006

BACK in 1999, when she was the head of refining at Chevron, Patricia A. Woertz told a group of energy officials that it was time to stop mixing agricultural policy with fuels policy.
In that same speech, at a fuels conference in Washington, Ms. Woertz also publicly expressed worry about the unintended consequences of a federal [...]

Magnus International Resources Acquiring African Mineral Fields to Explore Mineral Opportunities in Africa

October 5th, 2006

Magnus International Resources, Inc. announced today that it has entered into a letter of intent to acquire African Mineral Fields, a company which holds an exclusive option to acquire 100% interests in four gold projects in Uganda. The acquisition comes as part of Magnus’ decision to expand its mineral portfolio into Africa, which holds 55% [...]

Inco Raises Third-Quarter Profit Forecast on Nickel Prices

September 20th, 2006

Inco Ltd., the world’s second-largest nickel producer by 2005 output, raised its forecast for third- quarter profit, citing continued strength in the nickel market.
“Nickel and copper prices have increased considerably during the third quarter,” the Toronto-based company said today in a PR Newswire statement.

Finnish nickel mine attracts Norilsk interest

September 13th, 2006

Listing-candidate Talvivaara Mining’s planned nickel mine in Finland has drawn interest from two mining giants, Canada’s Inco and Russia’s Norilsk Nickel , a Finnish newspaper reported on Tuesday.
Norilsk Nickel, the world’s largest producer of the metal, has been in talks with Talvivaara’s management and is following progress on the new mine, business daily Kauppalehti quoted [...]

Nickel miner LionOre says becomes takeover target

September 13th, 2006

The world’s 10th-largest nickel producer, LionOre , has become a takeover target as bigger firms crave its high-growth profile and special refining technology, a company official said on Tuesday.
LionOre, which has mines in southern Africa and Australia, will also probably become the only company whose main product is nickel following a wave of takeover activity.
“We [...]

Nickel gains 5% as supplies tighten

September 1st, 2006

Nickel prices rose more than 5 per cent on Thursday on low inventories and tight supplies on a day when copper prices also rose in spite of an expected settlement of the near month-long strike at the world’s largest copper mine in Chile.
The three-month nickel price rose to $28,750 a tonne on the London Metal [...]

CVRD plans massive coal mining operation in Mozambique

August 19th, 2006

Brazil’s Companhia Vale do Rio Doce (CVRD), most recently in the news over its contested bid for Canada’s Inco, is reported to be going to develop a massive new coal mining project at Moatize in Mozambique in south eastern Africa.
Moatize has long been known as a major, and rich, coal deposit with large reserves of [...]

Korea steelmaker denies nickel short bet

August 15th, 2006

POSCO Co. Ltd., the world’s fifth-largest steel maker, dismissed as “nonsense” a report that it had made a huge, money-losing bet that nickel prices would fall on the London Metal Exchange.
The Wall Street Journal reported on Monday that the South Korean steel maker was struggling to cover a 10,000 tons short nickel position on the [...]

London nickel flirts with record on firm demand

August 15th, 2006

Nickel closed within $200 of its recent record high on Monday, supported by demand from stainless steel makers who may have underestimated their needs for 2006.
Nickel for delivery in three months closed at $27,100 a tonne on the London Metal Exchange (LME) falling back after hitting $27,250, only $50 away from last week’s record high.
On [...]