| Nickel extended gains to a 11-month high on concern the Philippines crackdown on mines is disrupting supplies from the world’s top supplier of nickel ore. A gauge of mining stocks climbed for the first time in a week.
The new government in the Philippines has pledged to shut mines that fall short of environmental and welfare standards. Environment Secretary Gina Lopez said on Wednesday that the state plans to suspend shipments from an idled mine owned by the nation’s top refiner, Nickel Asia Corp., while the checkup is conducted...............................................Full Article: Source
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