Norilsk sees downside in copper, nickel supported

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The company is exploring for nickel deposits on its Langmuir property near Timmins, Ontario; for nickel-gold-copper on its Cleaver and Douglas properties; and for molybdenum and rare earth elements at recently acquired Desrosiers property.

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Norilsk sees downside in copper, nickel supported

posted on Oct 14, 2008 12:31PM

http://www.reuters.com/article/rbssI...

snippet:

"Weakening demand could push copper towards its marginal cost of production while nickel demand is supported as stainless steel destocking comes to an end, a senior industry figure said on Tuesday."

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