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Some base metals are up for a more optimistic year after experiencing declines in recent years.
The acquisition of high-potential mines is on the uptake, with Global Ferronickel Holdings, Nickel Asia, Sirius Resources and Metals X staging takeovers.
Nickel has become the most unpredictable commodity item in the metals segment thanks to its volatile prices and its capability to divide economic entities.
The mining sector of Russia enjoys a good position as it is expected to produce large numbers of precious and semi-precious metals this year.
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Bankers and miners have different outlooks for nickel. Banks decreased their nickel price forecast while miners think the prices will inevitably rebound.
Nickel's comeback is something many analysts, miners, and investors are looking forward to. But is it really here or are the forecasts premature?
Nickel prices have dropped due to low consumption in Asia, but small changes in supply could improve the prices before the year ends.