Royal Nickel Corp's Interim CEO Interviewed by The Mining Report


SAN FRANCISCO, CA--(Marketwired - Feb 24, 2014) - Nickel prices have been weak, but the recent Indonesian government announcement banning ore shipments outside the country may be the shock that reverses the trend. In this interview with The Mining Report, Mark Selby, Interim CEO of Royal Nickel Corp. (TSX: RNX), walks through his analysis that indicates nickel price increases and inventory reductions are imminent, while demand continues to grow and over a quarter of global mine supply is shut in. He considers nickel in 2014 one of the best commodity trades in a generation. To capitalize on this unique set of circumstances, Royal Nickel's Dumont Nickel Project follows the path of other large-reserve, large-scale mines in the copper and gold sectors that have changed the mining industry and made early investors fortunes.

The Mining Report: The nickel industry has been through tectonic changes in the last 10 years, including large corporate takeovers and fundamental changes in supply available to the market. Can you summarize where the nickel industry has been and where it is going?

Mark Selby: Over the past five years, we've seen continued robust growth in nickel demand. Over that period, global nickel demand grew in the high single-digits, while Chinese nickel demand grew at double-digit rates. Stainless steel, which is increasingly used across all sectors of the economy, accounts for approximately 70% of total nickel consumption...

Continue reading this interview with Mark Selby: Indonesian Ore Export Ban Opens Door to the Next Generation of Nickel Mines

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DISCLOSURE:
Royal Nickel Corp. paid The Mining Report to conduct, produce and distribute the interview. Royal Nickel Corp. had final approval of the content and is wholly responsible for the validity of the statements. Opinions expressed are the opinions of Royal Nickel Corp. and not Streetwise Reports or The Mining Report or its officers.

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