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Nickel Business News

This business topic index page has the latest Nickel business news stories from Fairfax Media newspapers and online sources.

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Nickel, copper, tin prices up

Nickel soared almost 16 per cent on Friday on buying ahead of annual rebalancing by commodity indices, while copper rose and tin jumped more than 8 per cent.

Mirabela points to nickel price jump

Mirabela Nickel says a lift in the nickel price last week may explain a recent surge in its share price.

Tas nickel mine to close, 189 jobs lost

Oz Minerals Ltd will close its flagship Avebury nickel mine in Tasmania with the loss of 189 jobs, due to the low price of the metal.

BHP scraps eastern Indonesia nickel plan

BHP Billiton Ltd has ended a study into a potential integrated nickel development in eastern Indonesia.

Low nickel price forces Minara's hand

The sharp drop in the nickel price has forced nickel miner Minara Resources to embark on ambitious capital raising plans to allow it to stay afloat.

Minara says nickel outlook positive

Minara Resources, Australia's second largest nickel producer, says the outlook is positive after posting a rise in output for the third quarter.

Mincor discovers nickel mine extension

Australia's third largest nickel producer Mincor Resources has discovered an extension to its Miitel mine, which was its first in WA's Kambalda region.

Nickel could make its own price push

There is nothing magic in the pipework at BHP Billiton's new $2.2 billion laterite nickel project in Western Australia that will allow it to escape the squeeze on the sector from the slump in nickel prices.

Nickel, wheat give commodity index a lift

Surging prices for nickel, wheat, corn and crude oil sent the Reuters/Jefferies CRB Index of 19 commodities rebounding to its biggest one-day gain since June.

Nickel partners in a hole

SWISS commodities trader Glencore must be kicking itself for not taking the chance to reduce its exposure to the Murrin Murrin laterite nickel mine in Western Australia when things were going swimmingly.