Under the cosh Finnish nickel miner Talvivaara Mining ( LON:TALV ) has temporarily suspended producing ore as it unveiled plans for a "corporate reorganisation". The firm could apply for bankruptcy, it emerged, after production issues and a drop in nickel prices have affected operations. The miner said it needs additional liquidity as part of the corporate reorganisation and will ask shareholders for a 40 million euro debt restructuring. The plans, which includes the prospect of job losses, include the shut-down of the metals recovery plant, which has happened immediately and is estimateed to last one month.