Nickel rallies

NICKEL trading three-month on the London Metals Exchange gained $US825 to close at $31,525 per tonne. The metal continues to recover steadily from this year’s lows of $25,000/t in mid-August. Nickel plays Jubilee Mines gained 25c to close at $16.25, while Minara added 11c to close at $6.42 and Consolidated Minerals closed up 11c at $4.90.