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S&P’s Cuts Metals Price Forecasts to Review Miner’s Ratings

Standard & Poor’s warned on Monday it was likely to revise the credit ratings for some miners over the next week after cutting its price forecasts for aluminium, copper, zinc, nickel and gold and said it expected prices to remain volatile.

Monday, August 31, 2015

Macquarie : Global Nickel Market is Expected to be Oversupplied 15000 Tons This Year

Australian investment bank Macquarie on August 17 announces to adjust its global nickel market supply and demand forecasts for this year, the global nickel market is expected to be 15,000 tons this year.

Wednesday, August 19, 2015

South32 Falls to New Low on Nickel Woes

BHP Billiton spin-off South32, which launched on the sharemarket with high hopes in May, tumbled to a new low on the ASX today amid a global commodity crunch, with shares down more than 30 per cent from their high point shortly after listing.

Tuesday, August 18, 2015

Global Nickel Market is Expected to be Oversupplied 15000 Tons This Year

Australian investment bank Macquarie on August 17 announces to adjust its global nickel market supply and demand forecasts for this year, the global nickel market is expected to be 15,000 tons this year.

Tuesday, August 18, 2015

Mincor Battles Falling Nikcel Prices and Higher Costs

Despite beating production targets, nickel miner Mincor Resources reported a total net loss after tax of A$34.26-million for the full year ended June, compared with a profit of A$1.85-million in the previous financial year.

Friday, August 14, 2015

Nickel, Copper, Aluminum Hit Six-year Lows on Weaker Yuan

Nickel, copper and aluminum hit six-year lows on Wednesday after China allowed the yuan to weaken further, prompting fears that metals demand from the world’s top buyer would wither and sending nickel down 15 per cent before prices recovered.

Thursday, August 13, 2015

First Quantum Mulls Development Delays to Preserve Cash

First Quantum, which primarily mines copper, but also nickel and gold, is trying to alleviate the impact of a 24 percent reduction in power supply in Zambia.

Wednesday, August 5, 2015

ERAMET Nickel Results Impacted by Sharp Market downturn in H1 2015

The average LME nickel price in H1 2015 was USD 6.2/lb, down from USD 7.8/lb in H2 2014 and USD 7.5/lb in H1 2014. ERAMET Nickel posted current operating income of -98 million in H1 2015, compared with -27 million in H1 2014.

Friday, July 31, 2015
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