Global insight

Tshipi to Slash Mn Exports, Labour Force amid Depressed Market

Tshipi é Ntle Manganese Mining will reduce exports over the the next three months by at least 35%, and by 30% in 2016, and has also started with a restructuring process that could see it cutting its workforce by up to 60%, it said on Monday.

Tuesday, December 15, 2015

CosMin Financial Results for the three months and nine months to 30 September 2015

Total tonnes of manganese ore production for Q3 2015 decreased 22% compared to Q3 2014. Australian manganese ore production decreased by 41% and Ghanaian manganese ore production decreased by 3% compared to Q3 2014. Overall, total manganese ore produced year t...

Tuesday, December 15, 2015

FMI Announces Shutdown of Sierrita Mine

Freeport-McMoRan announced Wednesday a “full curtailment” of its Sierrita mine in Pima County that will mean an additional 450 jobs lost.

Monday, December 14, 2015

General Moly, Inc. (GMO) Short Interest Down 1.2% in November

General Moly, Inc. (NYSE:GMO) saw a significant drop in short interest in the month of November. As of November 13th, there was short interest totalling 1,461,080 shares, a drop of 1.2% from the October 30th total of 1,478,369 shares, Market Beat Ratings repor...

Monday, December 14, 2015

Ferro Alloy Units Stare at Precarious Future in AP

Repeated pleas by the ferro alloy manufacturing industries to the AP government seeking electricity supply at an affordable price appears to be falling on deaf ears as three ferro alloy industries have downed shutters in the last 15 days in the state.

Friday, December 11, 2015

US’s Steel Shipments Rise in October

US’s Steel Shipments Rise in October

Friday, December 11, 2015

Rio Tinto Plans to Increase Aluminum Output of 10% in Next Year

Global miner Rio Tinto (RioTinto) said recently that the company plans to increase its aluminum production output of 10%, despite global aluminum production surplus. It expects to produce about 2.6 million tons of aluminum in 2016.

Friday, December 11, 2015

Segue Resources Drilling Improves Nickel Potential at Salt Creek

The latest exploration at Salt Creek – which included two traverses of aircore drilling to follow up detailed survey work at two coincident gravity and magnetic features – intersected three zones of mafic intrusive rocks that appear to be largely coincident ...

Friday, December 11, 2015
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