Philippines mine audit results, page-6

That's old news Weeks and weeks old, for anyone following the trajectory of nickel.   Rather, its just an update on the ten mines already closed.  More or less, letting the others know they have to clean up their act if they want to stay alive. Whatever, do look at the LME for a hint on pricing to come. (short term traders however, need not bother.  Indeed, just let a future chart tell the story)

Also, perhaps read this from more than month ago. The China slant on nickel --
http://www.bloomberg.com/news/artic...ckel-producer-says-bull-market-just-beginning