Restarting Ops On Nickel Mines

Nickel prices are currently trading at around $18,800 per tonne, more than double the levels seen in March 2009. With higher nickel premiums, miners are keen to restart operations and bring on good times.

Like Vale Inco’s Canadian operations. Striking workers at Vale’s nickel-copper-cobalt mine in Voisey’s Bay are back at the bargaining table.

Not just the biggies, even junior Canadian resource companies are attracting the attention of the world’s largest players. Previously unknown Duluth Metals has nailed a US$ 227-million joint venture with one of the world’s largest copper miners, London-based Antofagasta plc.

For complete article, click onto Nickel Investing News.