Surge in Nickel Prices Raises Hopes for Australian Miners

PERTH, AUSTRALIA--June 13, 2014--Researched by Industrial Info Resources Australia (Perth, Australia)--The recent increase in global nickel prices has brought some relief to Australian miners, with current prices almost 31% higher than those in the previous year. While other essential commodities, such as iron ore, coal and gold, continue to take a hit, nickel has surged for various reasons.