05.11.2008 - The good and bad news about base metal prices
From Resource Investor: Here’s the good news: Mine closures are happening around the world. Literally, every day a Google Alert spits out the name of a mine somewhere on this earth that is either closing completely, partially (reducing production), or thinking about it. This is especially the case with base metals and specialty industrial metals like platinum and palladium. To wit: Canadian nickel miner First Nickel (FNI) said it had suspended production at its Lockerby Mine in nickel-rich Sudbury, Ont., due to low nickel prices..... Full Article: Source
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