Large Australian miner says: "Nickel prices could go through the roof"!

HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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rodg45

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Large Australian miner says: "Nickel prices could go through the roof"!

posted on Sep 19, 2008 05:45AM

Interesting article out of Australia yesterday from one of their large nickel mining companies (Mincor Resources) saying that if more nickel production is not brought on line soon, it will result in a nickel shortage that will gradually drive the nickel prices sky high over the next couple of years. To read article, click on the following link: