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Nickel took part in the base metal’s slide this week; with nickel futures dropping from cash buyer $15,600 per tonne on the LME last Friday, to $14,950 per tonne on Tuesday’s close. The sharp losses in futures values hit all the base metals as another round of fear spread through the markets.

Tuesday, June 2, 2009
On Monday, Nickel prices extended last week’s rally; as positive manufacturing data out of China, the world’s third largest economy lifted the base metals. Extra impetus came as the weakening greenback made nickel more economical for holders of other currencies.

Wednesday, April 29, 2009
Nickel’s plummet from all time highs may actually work out in the end to benefit the metal. The hunt for effective substitutes for nickel in making stainless steel may have slowed down after nickel prices tumbled around 80 per cent in less than two years.

Monday, April 20, 2009
Demand for nickel scrap lost its luster among offshore buyers in January, sinking to its lowest level in more than three years. Analysts predict gloomy prospects for nickel, given the enduring downturn in the stainless steel market, the main consumer of nickel.
Fri, Jul 3, 2009
The major nickel discovery at Dutwa in Tanzania was poised to eventuate into a low-cost mine by 2012 when some analysts were forecasting a nickel price of $8/lb, African Eagle operations director Chris Davies announced at the weekend. For full story, click here
Fri, Jul 3, 2009
BHP Billiton has appeared closer to selling its mothballed Ravensthorpe nickel mine in Western Australia after iron ore billionaire Clive Palmer bought its Yabulu nickel refinery in Queensland and declared an interest in the troubled project. For full story, click here
Fri, Jul 3, 2009
The surging trend in nickel remained unabated on the non-ferrous metal market here today on the back of heavy stockists purchasing driven by firming trend in overseas market. For full story, click here
Fri, Jul 3, 2009
Listed Holding company MacroAsia Corp. has expected to complete exploration early next year to move forward its mining project in the nickel-rich southern Palawan. For full story, click here
Fri, Jul 3, 2009
BHP Billiton, the world’s leading miner, has agreed to sell its Yabulu nickel refinery in Queensland to Australian mining magnate Clive Palmer for an undisclosed amount. For full story, click here
Fri, Jul 3, 2009
The Philippines’ Semirara Mining Corp declared that its 50-percent-held unit has suspended operations at a nickel project north of the capital due to low prices of the metal. For full story, click here
Thu, Jul 2, 2009
The Mining unit of Consunji-led DMCI Holdings, Inc. has suspended its nickel operations in Zambales because of the steep dip in world prices. For full story, click here
Thu, Jul 2, 2009
For the second time in less than a month BHP Billiton Ltd has temporarily closed its Perseverance nickel mine in west Australia due to rock falls around the site. For full story, click here

For upcoming nickel investing trade shows, see the following links: Cambridgehouse, IIC, Chicago Resource Expo
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Wednesday, June 17, 2009
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