Global insight

No Cheers for Chrome Miners

Chrome ore mining companies are yet to benefit from the lifting of a ban on exports of chrome ore of up to 30 million tonnes amid indications that little will be exported this year pending finalisation of export licences.

Tuesday, September 22, 2015

Something wrong of the world's largest economies

The massive slowdown of Economic Growth in Russia, China, and Brazil has effected all gloable business

Tuesday, September 22, 2015

Miner KGHM International to Cut 48 Jobs at Sudbury, Ontario

Miner KGHM International said it would cut 48 jobs at its Sudbury operations, in Ontario, as the company puts its McCreedy West mine under maintenance in response to weak commodity prices.

Tuesday, September 22, 2015

U.S. Sets Duties on Ferroalloy Imports from Australian Plant

The U.S. Department of Commerce plans to impose duties on imports of ferroalloy from an Australian plant once owned by the world's biggest miner, BHP Billiton Ltd , according to a preliminary decision released on Friday.

Tuesday, September 22, 2015

Sherritt Clips 2016 Budget and Suspends Quarterly Dividend

In order to protect its balance sheet in the face of depressed commodity prices, TSX-listed Sherritt International after market close on Thursday announced that the board had decided to suspend the C$0.01 per share quarterly dividend and to implement siginific...

Monday, September 21, 2015

ITA Trade Administration : Commerce Preliminarily Finds Dumping of Imports of SiMn from Australia

On September 18, 2015, the Department of Commerce (Commerce) announced its affirmative preliminary determination in the antidumping duty (AD) investigation of imports of silicomanganese from Australia.

Monday, September 21, 2015

NLMK and Kosogorsk Metallurgical Plant Agree on Supplies of FeMn

Kosogorsk metallurgical plant (Tula region) and Novolipetsk Steel (NLMK) have successfully completed negotiations on a long-term contract to supply ferromanganese in 2015-2016.

Monday, September 21, 2015

St George Buys Nickel West Assets

Junior nickel and gold explorer St George Mining has entered into a binding agreement with diversified miner BHP Billiton’s Nickel West division, to acquire the Hawaii and Mt Alexander North nickel projects, in Western Australia.

Friday, September 18, 2015
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