nickel assuming precious metal status Dear All,
NICKEL has become the first base metal to break through the $US1 per ounce barrier, with another gain overnight continuing its unprecedented run.
A vote overnight by workers at Xstrata's Sudbury nickel plant in Canada to approve a strike mandate continued to give nickel a helping hand overnight, with the spot price of the stainless steel additive ending the evening session on the London Metal Exchange at $US37,040 per tonne. Its high of $37,400 was equivalent to $1.06/oz.
More at.....
http://www.miningnews.net/storyview.asp?storyid=71853§ionsource=c31
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