Global insight
Gulf Manganese Announces Raising of $1.125M Capital
Gulf Manganese Corporation Limited (ASX:GMC) announced that the Company has raised $1.125 million from the placement of 75,000,000 shares and 37,500,000 options, which were approved at the General Meeting on 2nd October. |
Ukraine Zaporizhstal’s Steel Output down in November y-o-y
Ukraine iron and steel producers Zaporizhstal, announced its finished steel output down 29.6% year on year, to 205,300 tons; crude |
America Ready to Mine in Outer Space
U.S. citizens can now legally own resources mined in space after President Barack Obama signed into law a debated bill that allows people to mine, sell and own any space material. |
Market Trend of Import of Ferroalloy in Japan as of 30 November 2015
The price of silicon metal has continued to decline gradually, but the price of 553 grade as a low-grade product seems to stop declining before being down to CNY9,000 |
Brazil Asks Court to Uphold Closure of Vale Amazon Nickel
Brazil's attorney general has asked the supreme court to uphold the closure of Brazilian mining company Vale SA's Onça Puma nickel mine for allegedly failing to meet the terms of its environmental license |
Peru Molybdenum Production Increases 17.2% in January- September 2015
According to the Peru Ministry of Energy and Mines in first nine months of this year, Peru's pure molybdenum production was 14,548 tons, an increase of 17.2% year on year, to 12,409 tons. |
Vale Still Operating Nickel Processing Plant at Onca Puma
While the plant continues to process ore into ferronickel, Vale has stopped operations at the open pit mine where it obtains the nickel ores, Jennifer Maki, Vale’s head of base metals, said on the sidelines of the annual “Vale Day” event. |
Finnish Outokumpu Delivers 5000 tons of Stainless Steel to Congo
Finland stainless steel maker Outokumpu announced that the company planned to deliver 5000 tons of stainless steel to Congo, the materials used for two refineries projects in the Congo. |
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