2015 results have been very significantly impacted by struggling world crisis of metal and mining sector with prices at their lowest in 15 years - nickel and manganese have been specifically and simultaneously affected.
[Ferro-Alloys.com]Economic conditions and commodity markets move in cycles. From the early 1990s to 2004 commodity prices were relatively stable (in real terms). Since that time strong Chinese demand has driven high commodity prices.
[Ferro-Alloys.com]SA HAS the greatest manganese resource on the planet, but the domestic industry to extract and process the mineral appears in disarray. Global prices for the steel ingredient are deep in the doldrums, while high and rising electricity prices ...
[Ferro-Alloys.com]Mining is good for the world if done sustainably, South32 CEO Graham Kerr said on Monday. Speaking at the Investing in African Mining Indaba, Kerr said the current challenge was around excess supply,
[Ferro-Alloys.com]It is reported that China totally imported more or less15.76 million tons of manganese ore in 2015 from last year 16.21 million tons according to data from Chinese Custom Statistics. The total import value of manganese ore in 2015 contracted...
BMC produced 2,143 tonnes of manganese product during the June quarter from colluvial sources, bringing stockpiles to 7,056 tonnes (net of sales) at the end of June. BMC then went on to produce 2,045 tonnes of manganese in the month of July 2015, being record ...
[Ferro-Alloys.com]Unlisted Consolidated Minerals at the end of last week suspended operations at its Woodie Woodie manganese mine, in Western Australia, citing the current record low price for manganese ore.