Poseidon Nickel Limited Buys Black Swan Nickel from OJSC MMC Norilsk Nickel

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.

[Ferro-alloys.com] THE 37% surge in nickel this year means some of the world’s biggest metals companies may finally be able to sell as much as $14bn in unwanted mines they’ve held for years.

[Ferro-Alloys.com]Since Jan.when Indonesia had started the export ban, nickel price had already increased by 60%. It could be seen that LME Nickel price had rose to USD21625/mt on May 13th while on Jan.9th it was just USD13334/mt.

Global miner Vale does not have plans to shut its nickel operations in New Caledonia amid social unrest caused by an effluent spill, the company said to a local newspaper.

Gateway Mining (ASX:GML) has commenced a drilling program targeting volcanogenic massive sulphide copper mineralisation and intrusive related nickel-copper mineralisation at its Gidgee Project in Western Australia.

On China-Indonesian Mining Conference on May 21st, President of the Chamber of Commerce in Indonesia said, it was basically unlikely to re-release ore export ban.

Guangqing Nickel Industry Co. started construction of its 600,000-tpy ferronickel project in Indonesia, Hexun.com reported May 2.