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The article focuses on the interplay between numismatics and broader economic and political factors, emphasizing that understanding coin rarity and mintages requires insight into these external influences. Topics include the impact of an economic downturn on coin production in the early 1950s, the effect of reduced military spending following the Korean War, and how these factors led to significantly lower mintages for U.S. coins in 1955 compared to 1954.

The article provides an overview of the Alabama Bankers Association's coin collection, which was established in 1953 with a donation from members. The collection consists of various types of coins, including American colonials, American, ancient Roman and Greek, and European coins. It was displayed in different banks across the state and received positive recognition. The article also mentions George Klein, who initially contributed to the collection and later sold his own coin collection through auctions. The fate of the collection is discussed, with it being sold in 1997 to pay off debts, some coins being recovered by the University of Alabama, and a portion being consigned to Heritage Auctions. The exact extent and value of the collection are not well-documented. [Extracted from the article]

The article focuses on the significant changes and developments in the American nickel coinage between 1877 and 1884, a period marked by substantial upheaval in the U.S. monetary system. It details the shift from the Shield nickel, whose production was halted due to overstock, to the introduction of the Liberty Head nickel, highlighting key events such as design revisions, mintage figures, and public reactions to these changes.

The article focuses on Congressional influence on U.S. coinage design and production, highlighting historical instances of interference dating back to the 1830s. It discusses various legislative mandates for coin denominations and designs, reflecting both practical considerations and political pressures.

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The article evaluates the historical context behind the creation of the U.S. nickel, revealing its origins during the American Civil War and its evolution from silver coins to copper-nickel compositions. It discusses the influence of key figures like Joseph Wharton and Mint Director James Pollock, highlighting the controversies and changes in design that shaped the coin's development, culminating in the introduction of the iconic Jefferson nickel in the 1930s and its subsequent modifications.

The article focuses on Centaurus Metals Ltd and its Jaguar nickel project in Brazil, emphasizing the company's achievement of a low carbon footprint and competitive cost advantage through renewable power infrastructure. Topics include the independent assessment confirming Jaguar's leading carbon credentials, the strategic shift to a concentrate-only project, and the significance of Brazil's renewable energy sources for cost savings and sustainability.

The article focuses on the author's journey into collecting Standing Liberty (S-L) quarters, spurred by discovering their appeal despite initial hesitation. Topics discussed include the challenges posed by tough dates, weak strikes, and the author's preference for high-grade, blast white coins with CAC Green Beans.

The article focuses on discussions at the West Australian Mining Club's (WAMC's) luncheon, covering topics like equity markets, uranium prices, and global politics. It reports panellists including Andrew Grove of Aura Energy Ltd, Liam Twigger of Argonaut Ltd, and Courtney Libby of Canaccord Genuity, addressed concerns over nickel and lithium markets, uranium's investment potential, and the impact of global events on commodity prices.

Indonesia is aiming to decrease Chinese involvement in new nickel projects in order to meet the requirements for US government subsidies, according to the Financial Times. The government is reportedly in talks with investors to establish new smelters where Chinese companies have less than a 25% stake. Indonesia is the world's largest nickel producer, but currently, Chinese companies dominate the local processing of the metal. If Indonesia's production does not meet the criteria set by the US Inflation Reduction Act, it may be excluded from subsidies for electric vehicles. [Extracted from the article]

BHP Group Ltd. is temporarily closing its nickel business in Australia due to low prices caused by a global glut of the metal. The company will place its Nickel West business on "care and maintenance" from October until at least February 2027. BHP plans to spend A$450 million ($304 million) a year to support a potential restart if market conditions and the outlook for nickel improve. Nickel prices have declined in recent years due to increased production from Indonesia, leading to plant closures and stalled projects for established producers. BHP previously aimed to make nickel a key part of its transition away from fossil fuels. [Extracted from the article]

BHP Group Ltd. has announced that it will temporarily close its nickel business in Australia due to low prices caused by a global glut of the metal. The company will place its Nickel West business on "care and maintenance" from October and will also halt the development of its West Musgrave nickel mine. BHP plans to spend A$450 million ($304 million) a year to support a potential restart if market conditions and the outlook for nickel improve. Nickel prices have plummeted in recent years due to increased production from Indonesia, leading to a surplus in the market. This has affected established producers, with other companies like Anglo American Plc and Glencore also considering selling or shutting down their nickel units. BHP remains optimistic about the future of nickel, with a constructive view of the market from 2030 onwards. However, it will need to see a sustainable deficit in the market before restarting operations. [Extracted from the article]

BHP Group Ltd., the world's largest mining company, has announced that it will suspend its Nickel West business in Australia from October 2024 until at least 2027 due to low nickel prices. The decision is a response to an oversupply of nickel globally, caused by an influx of low-cost production from Indonesia. BHP will spend $303 million per year to maintain the facility and will review the suspension in February 2027, with the possibility of restarting operations if market conditions improve. This move follows a $3.5 billion impairment to the asset and a strategic review announced by BHP in February. [Extracted from the article]

The article offers information on the Great American Coin and Collectibles Show in Tampa, Florida, where the United States Mint will display and sell various items, including the 2024 proof Morgan and Peace silver dollars. Topics include the joint production of the show by Coin World magazine and Shepherd Expos Management, the release of the proof silver dollars to the public on September 12, and the presence of the Mint's mascot, Bill the Buffalo, handing out Youth Collector Kits.

The article by Mike Thorne highlights the author's enthusiasm for coin collecting, focusing on his recent acquisition, a 1914-D Buffalo nickel in XF45 grade. Topics include the coin's rarity, value, and comparisons with other coins from the same era, emphasizing the author's personal connection and the joy of collecting.

This article discusses three books that catalog and describe altered coins. The first book, "Merchant and Privately Countermarked Coins: Advertising on the World's Smallest Billboards" by Gregory G. Brunk, focuses on coins that have been stamped with company names for advertising purposes. It includes images and histories of the countermarked coins. The second book, "OHNS Hobo Nickel Guidebook" by Stephen P. Alpert, explores the art of carving designs on Buffalo nickels and other coins. It provides information about the history, artists, and artistic features of these coins. The third book, "Trench Art: The Stories behind the Talismans" by Judy Waugh, showcases coin sculptures created by World War I soldiers. It includes descriptions, photographs, and information about the creators. These books can be borrowed from the Dwight N. Manley Library by contacting library@money.org or visiting money.org. [Extracted from the article]

Indonesian coal company PT Harum Energy is shifting its focus from coal to nickel as it prepares for the energy transition. The company plans to avoid further investment in coal operations and instead buy more nickel mines. It has already acquired stakes in three nickel processing plants and is considering an initial public offering of its nickel unit. PT Harum Energy's move aligns with other Indonesian coal miners who are using their profits to transition to cleaner supply chains. However, partnering with a Chinese company could limit their access to Western markets seeking nickel supplies free from Chinese influence. [Extracted from the article]

Chinese nickel exports are expected to increase following the London Metal Exchange's ban on new Russian supplies. China's production of refined nickel is surpassing demand, leading to a domestic surplus and a surge in exports. This increase in Chinese output, combined with the sanctions on Moscow, is likely to keep exports elevated and help fill the gap caused by the ban on Russian metal. Additionally, Chinese producers have registered to list their nickel on the LME, further contributing to the global supply. [Extracted from the article]

Nickel Industries Ltd., an Australian company, has become a major player in the global nickel industry with the help of its largest shareholder, Tsingshan Holding Group Co., a Chinese conglomerate. Tsingshan has built smelters for Nickel Industries in Indonesia, allowing the company to become the world's sixth-largest producer of nickel. This partnership has given Tsingshan access to Western investors and potential entry into the US electric vehicle market, while Nickel Industries benefits from Tsingshan's expertise and low-cost operations. However, there are concerns about the risks associated with investing in Indonesia and the environmental impact of the nickel sector. [Extracted from the article]

Aluminum and nickel prices on the London Metal Exchange (LME) have surged following new US and UK sanctions that prohibit the delivery of Russian supplies produced after midnight on Friday. The sanctions aim to limit President Vladimir Putin's military funding and have introduced uncertainties into the metals markets, which have already been affected by Russia's invasion of Ukraine. Traders believe that removing one of the largest producers from the market will drive prices higher, although there are concerns about the potential influx of old Russian metal onto the LME. Russia remains an important producer, accounting for a significant portion of global nickel, aluminum, and copper supply. The LME has implemented daily limits on price increases since a previous nickel short squeeze and sanctions on United Co Rusal International PJSC. The escalation of hostilities in the Middle East could also contribute to market volatility. The sanctions divide the market into three categories: new Russian metal, old Russian metal, and non-Russian metal. The LME has confirmed that old Russian metal can still be delivered, but it will require evidence that the metal does not violate sanctions. This approach may reignite a debate about whether Russian metal should be banned altogether to protect the LME's role as the home of global benchmark prices. Russian metal already accounts for a significant portion of LME aluminum, copper, and nickel stocks. Traders anticipate a wave of Russian material being dumped onto the exchange due to concerns about future restrictions. This influx of supply could push spot prices down relative to forward contracts, indicating a [Extracted from the article]

Aluminum and nickel prices on the London Metal Exchange (LME) have surged following new US and UK sanctions that prohibit the delivery of Russian supplies produced after midnight on Friday. Traders believe that removing one of the largest producers from the market will drive prices higher. However, there are concerns about the potential flood of old Russian metal onto the LME. While the impact of the sanctions may not be as dramatic as previous events, Russia still plays a significant role in global metal production. The LME is considering whether to ban Russian metal altogether to protect its role as the home of global benchmark prices. [Extracted from the article]

The London Metal Exchange (LME) has responded to new US and UK sanctions by banning deliveries of any Russian metal produced after midnight on Friday. Metal traders are expecting prices of aluminum, copper, and nickel to increase when LME trading reopens on Monday. However, there are differing opinions on the broader impact of the ban, with some believing it will drive prices higher and others concerned about a flood of old Russian metal being dumped onto the LME. Russia is an important producer, accounting for a significant portion of global nickel, aluminum, and copper supply. Traders predict prices to rise on Monday, but the increase could vary. The LME's ban on new Russian metal may reignite a debate on whether Russian metal should be banned altogether. Russian metal already makes up a large portion of LME aluminum stocks, copper, and nickel. Traders anticipate a wave of deliveries of Russian metal that was being held outside the LME system. This could potentially push spot prices down relative to forward contracts, indicating a well-supplied market. The LME considered banning Russian metal in the past but decided against it. The new rules announced on Friday also include provisions that make it easier for traders to take delivery of old Russian metal. Traders expect copper, aluminum, and nickel to react differently when the markets open, with nickel likely experiencing the most extreme price reaction. [Extracted from the article]

Indonesian coal miner PT Harum Energy has purchased a majority stake in a nickel processing plant, as part of a growing trend of coal miners in Indonesia expanding into metals that are crucial for the energy transition. Harum Energy acquired a 51% stake in PT Blue Sparking Energy by converting a portion of a loan into equity. Blue Sparking Energy is developing a high pressure acid leach plant in North Maluku province, which produces a lower carbon form of nickel that is in high demand by electric vehicle manufacturers. This move by Harum Energy follows its previous investment in a nickel smelter in Weda Bay. Other Indonesian coal miners are also diversifying their businesses by investing in non-coal mining assets. [Extracted from the article]

The article focuses on the challenges faced by Australian nickel miners due to a supply surplus and increased production in Indonesia, impacting nickel prices negatively, including government initiatives aimed at supporting the nickel industry through royalty relief.

Mineral Resources Ltd., a diversified miner in Australia, has purchased a nickel concentrator plant from Poseidon Nickel Ltd. in Western Australia. The acquisition will allow Mineral Resources to develop the plant into a lithium processing hub, with an annual capacity of 1.5 million tons. This move comes as the market for nickel has been disrupted by an oversupply from Indonesia, causing prices to plummet. The purchase of the plant is part of Mineral Resources' plan to create a third lithium processing hub in Western Australia. [Extracted from the article]

BHP Group Ltd., the world's largest miner, has reduced its workforce by 25% at its West Musgrave nickel and copper project in Western Australia. The project's workforce has been cut from 400 to 300 people, but BHP has clarified that this does not mean the project has been canceled. This decision comes after BHP took a $2.5 billion impairment on its Australian nickel assets due to a decline in nickel prices. The price of nickel has dropped 40% since the beginning of 2023. [Extracted from the article]

Indonesia is increasing its low-cost production of nickel, but it does not expect prices to significantly rise. The country aims to keep the market well supplied to lower costs for electric vehicle manufacturers. Nickel prices dropped by 45% last year, and Indonesia's increased supply accounted for over half of the global total. While demand for nickel is expected to increase due to the rise of electric vehicles, Indonesia believes its new processing plants, with the help of Chinese companies, will be able to meet the growing demand and keep prices competitive. The country is also seeking a critical minerals deal with the US to ensure its nickel plays a key role in the American EV supply chain. [Extracted from the article]

The article offers information on a public meeting scheduled for Tuesday, February 27, from noon to 4:00 pm EST, held by the Citizens Coinage Advisory Committee (CCAC).

Many of the world's largest nickel mines are facing a dire future due to the abundance of low-cost nickel from Indonesia. Approximately half of all nickel operations are currently unprofitable, and mining company executives have expressed little hope for a recovery. This collapse in nickel mining comes at a time when governments are seeking to secure supply chains for decarbonizing the global economy. However, Indonesia's coal-fired nickel output is outpricing greener alternatives, hindering efforts to shift away from fossil fuels. Indonesia now accounts for over half of the world's nickel supply and is expected to increase its share in the coming years. The structural shift in the nickel industry has disrupted forecasts and models, leading to significant losses for mining companies. BHP Group, the world's largest miner, may have to shut down its flagship nickel business in Australia due to the surplus in the market. Macquarie Group estimates that closures and delayed output have removed 7% of annual production from the market. Combined with economic slowdowns and the slow adoption of electric vehicles, the price of nickel has fallen by 45% and is currently around $17,000 per ton. At $18,000 per ton, 35% of production is unprofitable, and at $15,000 per ton, that number jumps to 75%. The rapid expansion of nickel production in Indonesia has raised concerns about high emissions and deforestation. Western miners are hoping for state aid and increased demand for "greener" nickel in the future to [Extracted from the article]

Nickel prices are experiencing their largest weekly gain since July due to speculation that new US sanctions against Russia could disrupt metal supplies. The Biden administration plans to sanction over 500 individuals and entities connected to Russia's war machine, potentially impacting the nickel, aluminum, or copper industries. Despite the price increase, the nickel market still faces an oversupply issue, which is expected to persist due to a slowing global economy and muted demand for stainless steel and electric vehicles. In the aluminum market, prices reached their highest point since early February following Biden's announcement of potential sanctions. However, the metals and mining industry in Russia has already faced restrictions, and some consumers and traders have been hesitant to purchase Russian metal. Nickel prices rose by 0.2% to $17,425 a ton, while aluminum and copper prices fell by 0.6% and 0.8%, respectively. [Extracted from the article]

Nickel and aluminum prices are rising as investors anticipate the potential impact of new US sanctions on Russia, which are expected to be announced on Friday. The Biden administration plans to sanction over 500 individuals and entities connected to Russia's military, and there is speculation that the nickel, aluminum, and copper industries could be targeted. Nickel prices have increased by more than 6% this week, while aluminum reached its highest level since February. However, despite the recent price increases, nickel prices are still recovering from three-year lows and are driven by a global oversupply that is expected to persist for years. [Extracted from the article]

Horizonte Minerals, a mining company backed by Glencore Plc, has announced that it will need additional financing to restart a nickel project in northern Brazil. The cost of the project, called Araguaia, has increased by 87% to $1 billion, with $479 million already spent. The project, which was originally scheduled to start production this year, is now expected to begin in early 2026. The mining industry as a whole is facing challenges such as budget overruns and delays, due to factors such as falling nickel prices, increased scrutiny of social and environmental impacts, and inflation. Horizonte Minerals is currently engaging with investors to secure the necessary financing. [Extracted from the article]

BHP Group Ltd., the world's largest mining company, reported an 86% decrease in net income for the first half of the year due to oversupply in the nickel market. The company announced a $2.5 billion impairment on the value of its Australian nickel assets, which may be mothballed later this year. The oversupply of nickel is expected to continue for several years, impacting the profitability of the industry. BHP's earnings have been affected by fluctuating demand for commodities, particularly in China's construction and property sectors. Despite these challenges, BHP remains on track to meet its full-year output and cost targets. The Australian government has added nickel to its Critical Minerals List to support the domestic industry, but additional incentives may be needed to prevent the closure of BHP's Nickel West operations. Iron ore remains the company's most important revenue earner, with prices surging 28% over the reporting period. BHP is also monitoring China's demand for metals and the potential for fiscal stimulus to revive the market. [Extracted from the article]

Glencore Plc, the world's top commodity trader, has announced plans to sell its stake in nickel mines and a processing plant in New Caledonia due to a significant drop in nickel prices. The company will seek to sell its 49% stake in Koniambo Nickel SAS, while operations at the ferronickel plant will be suspended until a new investor is found. This decision comes as a result of increased nickel production in Indonesia, which has led to a decline in prices and the closure of several mines in Australia. The French government, which controls New Caledonia, is considering a bailout for the struggling nickel industry. [Extracted from the article]

Canadian mining firm Canada Nickel Co Inc. plans to build a $1 billion nickel processing plant in Ontario, which would be the largest in North America. The plant aims to address the lack of infrastructure in North America for processing key materials like nickel, copper, and lithium for electric vehicle production. The company also intends to construct a stainless steel and alloy production plant, costing an additional $2 billion. Canada Nickel plans to seek funding from the Canadian and Ontario governments for the projects. The CEO expects demand for North American nickel to increase as governments and automakers seek domestic sources of battery metals. [Extracted from the article]

Nickel prices have been in a year-long slump due to an oversupply caused by increased production in Indonesia. This has led to the closure of mines outside of Indonesia and a decrease in risk appetite for nickel and other industrial commodities. The flood of Indonesian supply is expected to continue, keeping the market in surplus and pushing prices down further. While the closure of non-Indonesian mines may not have an immediate impact on prices, it could lead to a reduction in output for nickel pig iron producers in China and Indonesia. [Extracted from the article]