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18 hours ago · Nickel prices rose sharply last Friday. During the night session on May 16, nickel prices broke through 150,000 yuan/mt and reached a peak of 154,690 yuan/mt on May 17, finally closing at 153,460 yuan/mt, up 4.67% compared with the last trading day and approximately 6.01% WoW, which was primarily contributed to the slow RKAB approval.
18 hours ago · Despite its potential, the territory’s nickel industry is in crisis, with prices falling over 45% in 2023, plummeting to around $19,000 per ton, below the estimated production cost of $22,000 ...
18 hours ago · Products & Services ...
4 hours ago · Despite its potential, the territory’s nickel industry is in crisis, with prices falling over 45% in 2023, plummeting to around $19,000 per ton, below the estimated production cost of $22,000 per ton. “Nickel is the curse of New Caledonia,” commodities economist Philippe Chalmin said for BFM TV, highlighting the territory’s overreliance ...
18 hours ago · The London Metal Exchange (LME) nickel futures price soared by US$535/ton and closed at US$21,615/ton on May 20. The accumulated increase in May was US$2,377/ton. Meanwhile, the nickel spot price also hiked by US$509/ton to US$21,339/ton. The nickel inventory at LME increased by 30 tons to 81,834 tons. Nickel prices continued to rise due to ...
18 hours ago · Saskatoon, Saskatchewan--(Newsfile Corp. - May 21, 2024) - Core Nickel Corp. (CSE: CNCO) ("Core Nickel" or the "Company") is pleased to report disseminated nickel-bearing sulfide mineralization ...
18 hours ago · Meanwhile, higher gasoline prices moderated the deceleration in inflation last month, with pump prices rising 6.1 per cent year-over-year. Excluding gasoline, prices were up 2.5 per cent from a year ago. The Bank of Canada’s core measures of inflation, which strip out volatile prices, also slowed last month and are all now below three per cent.