Terra Nostra Resources Corporation (OTCBB: TNRO) a majority owner of two joint venture companies in the copper and stainless steel industries in China, is pleased to announce the appointments of Mr. Nai Biao Zhai as General Manager of Shandong Quanxin Stainless Steel Co Ltd. (SQSS) and Mr. Bao Dong Han as General Manager of Shandong [...]

Mindoro Resources Ltd. is pleased to provide an update from the Agata nickel laterite project, where five coring drill rigs are in operation. Both limonite and saprolite horizons of the laterite are substantially thicker than anticipated, not only increasing tonnage potential, but also expanding market potential for the higher-value nickel material in the saprolite [...]

Calyon CMR has made sizeable upgrades to its 2007 forecast prices for lead and nickel on expectations for continued high demand at a time inventories are slumping, it said.
The investment bank has hiked its price outlook on nickel by 12.3 pct to 34,250 usd per tonne and on lead by 26.4 pct to 1,580 usd, [...]

China’s stainless steel output for 2006 totaled 5.3 million Metric Tonnes, a year over year increase of 67.68%. The National Development and Reform Commission stated last week that this sector is expected to further grow by 8% this year. The NDRC predicts prices to rise gradually in 2007 with a focus mainly on technological upgrades [...]

China imported 3.78 million tonnes of nickel ore last year, a 6.8-fold increase compared with the previous year, according to statistics released by the General Administration of Customs.
Total nickel ore imports amounted to RMB 3.41 billion ($440 million) in 2006, 1.5 times the amount for 2005. However, average import prices declined by 67.7% to RMB [...]

Merrill Lynch analysts declared Wednesday that nickel still “has the best fundamentals of the industrial metals” and that “nickel companies should deliver excellent results during the reporting season.”
Research Analysts Daniel Hynes and Vicky Binns wrote that “we remain bullish on the longer term prospects for nickel,” despite their predictions that the “nickel price will be [...]

Nickel hit a new record high of $35,700 a tonne on Wednesday as supply jitters resurfaced, while aluminium softened despite market fears of a potential squeeze, analysts said.
Aluminium for three-month delivery on the London Metal Exchange eased to $2,678 a tonne from Tuesday’s $2,681 close, while nickel ended up more than 5 percent at $35,500 [...]

Terra Nostra Resources Corporation , is pleased to announce preliminary results for the six months ended November 30th, 2006.
Consolidated revenues are expected to total US$111.9 million, yielding gross profits of $5.9 million, and consolidated EBITDA of $2.89 million. These consolidated figures include copper joint venture operations, stainless steel joint venture start-up operations, and Terra Nostra [...]

Scotiabank Vice President, Industry and Commodity Market Research Patricia Mohr has forecast uranium and zinc as her top picks for investors in 2007, with precious metals, particularly silver, expected to benefit from further weakness in the U.S. dollar.
In her recently published analysis, Mohr said uranium was the third-best performing commodity this year “and will likely [...]

The comments reported here a month ago from Vanessa Davidson pointing to the unreliability of production targets being met for new High Pressure Acid Leach (HPAL) nickel laterite processing plants in the article Medium term outlook for nickel: supply increases may outstrip demand growth but … was borne out in spades in this past week [...]