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Keyword: nickelmining

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  • Early Volcanoes Minted Nickel

    11/22/2009 9:59:56 AM PST · by neverdem · 19 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...
  • Congress looking at steel pennies and nickels

    05/08/2008 8:42:43 AM PDT · by Red Badger · 42 replies · 127+ views
    ap.google.com ^ | 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...
  • NASA to explore space rock worth so much money it would DESTROY world economy

    01/16/2017 4:24:39 PM PST · by COBOL2Java · 136 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.
  • Gotcha!--Deep State Foiled Trying To Sabotage Trump’s Foreign Policy

    05/19/2018 6:53:34 AM PDT · by Kaslin · 11 replies
    Townhall.com ^ | May 19, 2018 | Humberto Fontova
    "We called the White House and they acted swiftly on the Friday event, which has since been postponed," said a staff member for Republican Florida Sen. Marco Rubio, who complained that the event would have openly undermined President Donald Trump’s agenda on Cuba."The event in question has been postponed," a State Department official confirmed."This (event) was designed to embarrass the president and Pompeo—somebody needs to be held to account," one source said. "The fact that State Department officials were advancing a program that is so slanted and completely at odds with the president's directive on Cuba, I am concerned what...
  • The Nickel Supply Squeeze Is Just Getting Started

    05/28/2014 9:29:58 AM PDT · by blam · 15 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...