nickel the preferred metal... Hi All,
Good reading @
http://www.miningnewspremium.net/StoryView.asp?StoryID=68177
In terms of the ongoing strength of the nickel price on Australian equities, GSJBW flagged further earnings growth for a number of Australian producers, with its preferred pick in the sector being Minara Resources, which recently announced record quarterly production from its Murrin Murrin operation in Western Australia.
COMMODITY analysts from Goldman Sachs JBWere have flagged nickel as its preferred base metal, tipping the tight supply market that currently exists to continue through to at least 2008 and to be driven by demand for stainless steel and ongoing supply issues.
broker estimates, page-2
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