Nickel prices stabilized on Thursday (Jan 8) after a turbulent week that saw the market swing sharply higher before retreating as traders reevaluated the balance between existing supply risks and a growing inventory overhang. Three months of nickel on the London Metal Exchange (LME) hovering around $17,900 per tonne, recovering from a mid-week slump, but […]
Lundin Mining (TSX:LUN,OTC Pink:LUNMF) has agreed sells its Eagle mine and Humboldt plant in Michigan to Talon Metals (TSX:TLO,OTCID:TLOFF)with US-based operations focusing on domestic offerings. The transaction will see Lundin Mining receive 275.2 million Talon shares, representing 18.4 percent of Talon’s outstanding equity, with a total implied value of approximately US$83.7 million based on recent […]