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Keyword: nickel

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  • Legislation seeks to eliminate $1 Federal Reserve note, Lincoln cent

    03/31/2017 8:19:18 PM PDT · by Tolerance Sucks Rocks · 90 replies
    Coin World ^ | March 31, 2017 | Bill McAllister
    Advocates of abolishing the $1 Federal Reserve note are at it again, this time hoping that President Donald Trump and conservative Republicans will finally side with their three-pronged approach to revamping the nation’s currency system. Under S. 759, introduced March 29 by Sens. John McCain, R-Ariz., and Mike Enzi, R-Wyo., the government would end production of the $1 Federal Reserve note, revise the composition of the 5-cent coin, and suspend production of 1-cent coins. While the draft legislation calls for an end to paper dollar notes and the cent, it is silent on dollar coin production. Backers of the legislation...
  • NASA to explore space rock worth so much money it would DESTROY world economy

    01/16/2017 4:24:39 PM PST · by COBOL2Java · 134 replies
    Daily Star ^ | 16th January 2017 | Peter Truman
    THE American space agency is planning to send a spacecraft to a lump of metal in space worth quadrillions of dollars. The 200km-wide asteroid is currently orbiting the sun between Mars and Jupiter. It is made up of various precious metals such as iron, nickel and gold. Experts believe the iron alone in the rock would be worth $10,000 quadrillion – enough to cause the world’s economy, worth $73.7 trillion, to promptly collapse altogether.
  • What is Mars Made Of?

    02/25/2015 3:19:43 PM PST · by BenLurkin · 79 replies ^ | February 25, 2015 | Matt Williams on
    Like Earth, the interior of Mars has undergone a process known as differentiation. This is where a planet, due to its physical or chemical compositions, forms into layers, with denser materials concentrated at the center and less dense materials closer to the surface. In Mars’ case, this translates to a core that is between 1700 and 1850 km (1050 – 1150 mi) in radius and composed primarily of iron, nickel and sulfur. This core is surrounded by a silicate mantle that clearly experienced tectonic and volcanic activity in the past, but which now appears to be dormant. Besides silicon and...
  • The Nickel Supply Squeeze Is Just Getting Started

    05/28/2014 9:29:58 AM PDT · by blam · 13 replies
    TMO ^ | 5-28-2014 | Investment U
    May 28, 2014 - 06:02 PMInvestment_U Back in January, I wrote a column explaining the supply-demand squeeze in nickel. One way I suggested to play the nickel squeeze, the iPath Dow Jones-AIG Nickel Total Return Sub-Index ETN (NYSE: JJN), is up 38% from my recommendation. Did you buy that fund? Well, if you didn't, there's no need to kick yourself. The nickel run isn't over. In fact, if anything, the supply/demand squeeze powering nickel's surge is likely to get stronger. The biggest user of nickel is China. Nickel is used to make stainless steel, and China makes a lot of...
  • Court upholds EPA emission standards

    04/15/2014 1:17:23 PM PDT · by Olog-hai · 10 replies
    Associated Press ^ | Apr. 15, 2014 4:05 PM EDT | Pete Yost
    A federal appeals court on Tuesday upheld the Environmental Protection Agency's first emission standards for mercury and other hazardous air pollutants from coal- and oil-fired power plants. In its ruling, the court rejected state and industry challenges to rules designed to clean up chromium, arsenic, acid gases, nickel, cadmium as well as mercury and other dangerous toxins. The EPA’s determination in 2000 that regulating emission standards is appropriate and necessary, and the agency’s reaffirmation of that determination in 2012, “are amply supported by EPA’s findings regarding the health effects of mercury exposure,” said the court. Congress did not specify what...
  • Earth's Inner Fort Knox [Earth's core has 1.6 quadrillion tons of gold]

    12/13/2006 10:58:55 PM PST · by grundle · 56 replies · 1,851+ views
    Discover magazine ^ | September 2006 | Anne Wootton
    Searching for a pot of gold? Try the center of the Earth. More than 99 percent of Earth's gold is missing—it all sank to the center of the planet billions of years ago. In fact, says geologist Bernard Wood of Macquarie University in Australia, there's enough gold in Earth's core to coat its surface in 1.5 feet of the stuff. How did it get there? Earth formed from a series of smaller planetesimals that crashed together over the course of 30 million to 40 million years. Wood deduced how much gold ought to be present in Earth's crust by comparing...
  • US indicts Iranian nabbed in Philippines over nuke export plot

    07/13/2012 8:45:05 PM PDT · by nuconvert · 4 replies
    ABS CBN (Reuters) ^ | 07/14/2012
    A US federal grand jury has indicted two men, one from Iran and the other from China, on charges of conspiring to send materials from the United States to Iran for the purpose of enriching uranium, the US Justice Department said on Friday. Using a Chinese company as a go-between to avoid trade sanctions, the men tried for three years to obtain US materials, such as high-strength steel, that could be used in an Iranian nuclear program, the department said. Iranian citizen Parviz Khaki was arrested in May in the Philippines, while the other man, Zongcheng Yi of China, remains...
  • A cleaner, faster battery [Nickel-Iron]

    07/10/2012 11:09:22 AM PDT · by Red Badger · 17 replies
    PHYS.ORG ^ | JUL 09, 2012 | Provided by Canadian Light Source
    A team of Stanford and Canadian Light Source researchers have developed an ultrafast rechargeable battery from non-toxic materials. This new rechargeable battery uses nanostructures to update a century-old idea: the nickel-iron bat-tery. Those early batteries, developed by Thomas Edison in 1901 to power electric cars, have been out of favour for a while. In addition to taking a long time to recharge, they just weren’t as powerful as other sources. There are, however, compelling reasons to improve the batteries’ efficiency. “Nickel-iron batteries are attractive because they are cheap and, relative to other battery materials like lithium, they are not very...
  • Patent Office Forces E-Cat Self-Destruct Capability

    06/08/2011 11:00:52 PM PDT · by Kevmo · 62 replies · 1+ views ^ | June 8 2011 | Hank Mills
    PESN associate Hank Mills, composed this for PESN. To preserve intellectual property and trade secrets, Andrea Rossi is being forced to design a self destruct mechanism to be built into every E-Cat (Energy Catalyzer) used by the public. This could delay the public (non-industrial) launch of the technology. Andrea Rossi's cold fusion E-Cat (Energy Catalyzer) technology is based on hard science, but is nothing short of a miracle. It provides a technology that could completely solve the world's energy crisis. The E-Cat consumes tiny amounts of cheap fuel (nickel and hydrogen), and produce huge amounts of energy for long periods...
  • Rare U.S. nickel sells for $3.7 million

    01/08/2010 4:24:57 PM PST · by JoeProBono · 30 replies · 2,104+ views
    upi ^ | Jan. 8, 2010
    ORLANDO , Fla., Jan. 8 (UPI) -- An extremely rare U.S. nickel that was featured in an episode of TV's "Hawaii Five-O" sold for more than $3.7 million in Florida, the auctioneers said. Greg Rohan, president of Heritage Auctions, based in Dallas, said the 1913 Liberty Head nickel, one of only five of its kind known to still exist, sold for $3,737,500 Thursday at the Orlando Convention Center. "It is probably the most famous United States rare coin because it was seen by tens of millions of viewers in an episode of 'Hawaii Five-O,'" Rohan said. The names of the...
  • Early Volcanoes Minted Nickel

    11/22/2009 9:59:56 AM PST · by neverdem · 16 replies · 821+ views
    ScienceNOW Daily News ^ | 20 November 2009 | Phil Berardelli
    Enlarge ImageGreen gold. A complex geological process produced this sample of nickel sulfide. Credit: Marco Fiorentini, Science Those spare nickels in your pocket might not be there without the help of ancient volcanoes that blasted sulfur dioxide into the sky billions of years ago. The discovery solves a mystery that has dogged researchers for decades, says geochemist Edward Ripley of Indiana University, Bloomington, who was not affiliated with the study. The nickel in ore deposits is actually nickel sulfide, a compound that is rich in sulfur. The sulfur is "critically important," says geochemist Douglas Rumble of the Carnegie Institution...
  • Metal 'Snakes' Fall Far Short of Life

    04/06/2009 3:54:04 PM PDT · by GodGunsGuts · 31 replies · 758+ views
    ICR ^ | April 6, 2009 | Brian Thomas, M.S.
    Metal 'Snakes' Fall Far Short of Life by Brian Thomas, M.S.* Researchers at Argonne National Laboratories have observed nickel filings ordering into rows atop a special fluid. With precisely structured electromagnetic fields surrounding them, the snake-like rows undulated in their beakers. The magnetically-motivated metal’s meanderings appeared so lifelike that Wired Science writer Alexis Madrigal suggested the tiny nickel trains can provide “clues about how life originally organized itself.”...
  • Earth's Core, Magnetic Field Changing Fast, Study Says

    07/10/2008 1:53:24 PM PDT · by hripka · 138 replies · 298+ views
    National Geographic Society ^ | June 30, 2008 | Kimberly Johnson
    Rapid changes in the churning movement of Earth's liquid outer core are weakening the magnetic field in some regions of the planet's surface, a new study says. "What is so surprising is that rapid, almost sudden, changes take place in the Earth's magnetic field," said study co-author Nils Olsen, a geophysicist at the Danish National Space Center in Copenhagen. The findings suggest similarly quick changes are simultaneously occurring in the liquid metal, 1,900 miles (3,000 kilometers) below the surface, he said. The swirling flow of molten iron and nickel around Earth's solid center triggers an electrical current, which generates the...
  • Congress looking at steel pennies and nickels

    05/08/2008 8:42:43 AM PDT · by Red Badger · 42 replies · 127+ views ^ | 05/07/2008 | By LAURIE KELLMAN
    WASHINGTON (AP) — Further evidence that times are tough: It now costs more than a penny to make a penny. And the cost of a nickel is more than 7 1/2 cents. Surging prices for copper, zinc and nickel have some in Congress trying to bring back the steel-made pennies of World War II, and maybe using steel for nickels, as well. Copper and nickel prices have tripled since 2003 and the price of zinc has quadrupled, said Rep. Luis Gutierrez, D-Ill., whose subcommittee oversees the U.S. Mint. Keeping the coin content means "contributing to our national debt by almost...
  • Coin shortage could turn pennies to nickels

    01/24/2007 2:47:39 PM PST · by presidio9 · 56 replies · 2,416+ views
    Reuters ^ | 01/24/07
    Talk about pennies from heaven. A potential shortage of coins in the United States could mean all those pennies in your piggy bank could be worth five times their current value soon, says an economist at the Federal Reserve Bank of Chicago. Sharply rising prices of metals such as copper and nickel have meant the face value of pennies and nickels are worth less than the material that they are made of, increasing the risk that speculators could melt the coins and sell them for a profit. Such a risk spurred the U.S. Mint last month to issue regulations limiting...
  • Nickel tumbles 4 percent by end of LME trading

    09/04/2006 8:02:44 PM PDT · by DebtAndDelusion · 23 replies · 845+ views
    Reuters ^ | September 4, 2006 | Anna Stablum
    Nickel prices took a severe beating in late trade at the London Metal Exchange on Monday, falling over $1,000 from Friday's kerb close. Three-months futures ended Monday's kerb at $27,600 per tonne, down $1,100, or 3.8 percent. Once selling began, the metal slipped into free-fall, traders said. "It was around $28,500, then on the next trade -- which was half an hour later -- it had gone down $300, then another $300." Volumes were tiny and support practically non-existent."It was trading one lot, then two lots, then one. There was a void underneath it," the trader said. Sellers may have...
  • Phelps Dodge to buy Inco, Falconbridge for $40 bln

    06/26/2006 8:36:57 AM PDT · by Ernest_at_the_Beach · 10 replies · 325+ views
    Reuters ^ | Mon Jun 26, 2006 6:23am ET14 | Ben Berkowitz and Rachelle Younglai
    NEW YORK/TORONTO (Reuters) - Phelps Dodge Corp. <PD.N> on Monday said it would acquire Canada's Inco Ltd. <N.TO> and Falconbridge Ltd. for about $40 billion in a blockbuster deal to create the world's largest nickel miner and second-largest copper producer. Phelps Dodge said it would buy Inco for C$80.13 per share in cash and stock. Inco, which already agreed to buy Falconbridge, in turn raised its existing offer for Falconbridge to an implied value of C$62.11 per share. Phelps Dodge presented the terms in Canadian currency and the deal value in U.S. dollars. The deal had an immediate impact on...
  • 'In God We Trust' goes missing

    05/20/2006 9:07:52 AM PDT · by Phil Harmonic · 152 replies · 3,811+ views
    The Dallas Morning News ^ | May 20, 2006 | WFAA-TV
    'In God We Trust' goes missing School plays it safe with yearbook cover photo 08:37 AM CDT on Saturday, May 20, 2006 WFAA-TV The freedom of religion at Liberty Elementary School has gone too far for some parents at the Colleyville school. The cover of the Keller ISD school's annual depicts the 2005 Liberty Nickel – complete with the face of Thomas Jefferson – but the words "In God We Trust" are missing. Instead, the $16 yearbook contains a sticker with the credo and directions on how to apply it to the cover if the owner chooses.
  • Historic Nickel with Forward-Facing Jefferson Heads into Circulation

    01/13/2006 1:55:07 PM PST · by RayBob · 23 replies · 1,224+ views
    United States Mint Press Office ^ | January 12, 2006 | US MINT PRESS OFFICE
    Historic Nickel with Forward-Facing Jefferson Heads into Circulation WASHINGTON – Pouring hundreds of shiny, new 2006 nickels from a silver goblet designed by President Thomas Jefferson, officials at the United States Mint launched into circulation today the Nation’s first circulating coin that features the image of a United States President facing forward. The Nation’s coinage has depicted profiles of presidents for nearly a century. This new image of President Thomas Jefferson is based on a Rembrandt Peale portrait of Jefferson, painted in 1800. The United States Mint expects to ship approximately a billion of the new five-cent coins (nickels) to...
  • A First for the United States: Jefferson to Face Forward on 2006 Nickel

    10/13/2005 10:41:05 AM PDT · by RayBob · 29 replies · 1,496+ views
    United States Mint Web Site ^ | 10/5/2005 | US Mint
    A First for the United States: Jefferson to Face Forward on 2006 Nickel WASHINGTON – The Nation’s circulating coins have featured the profiles of presidents for nearly a century. The United States Mint is announcing that for the first time in history, the image of President Thomas Jefferson will face forward on the 2006-dated 5-cent coin (nickel). This new image, based on a Rembrandt Peale painting of Jefferson in 1800, is expected to grace the nickel for years to come. The United States Mint will launch into circulation the 2006 nickel, called “Jefferson, 1800,” early next year, concluding the Westward...