Global insight

Troubled Smelter Firm Seeks Court Order for Supply of Ore

International Ferro Metals might have overplayed its hand when it approved a business rescue plan to sell its smelting business to its neighbour, Samancor, although it knew that Rustenburg Platinum Mines , owned by Anglo American Platinum , could suddenly stop...

Monday, January 18, 2016

South Africa's Mining Output down 0.8% Y/Y in Nov: Statistics SA

South Africa's mining production contracted 0.8% in November 2015 compared with a year ago, after contracting sharply by 4.7% in October, Statistics SA data showed.

Monday, January 18, 2016

Afarak Subsidiary Secures Exploitation Licence for Turkey Chrome Project

Dual-listed Afarak Group subsidiary Turk Maadin Sirketi (TMS) has been granted the exploitation mining licence for its Turkey-based Eagle Field chrome project. TMS would now investigate the most appropriate time to bring the mine into production to ensure that...

Friday, January 15, 2016

W Resources Well Positioned in Tungsten at low-cost La Parrilla

W Resources (LON:WRES) is a tale of two mines,” says Michael Masterman, sipping a steaming cup of coffee in a quiet restaurant in Islington, North London.

Friday, January 15, 2016

Nickel Prices Seems to Remain Uncertainty in 2016

Nickel prices is expected to rise sharply last year, but fell to 12-year low in the end of 2015. However, the situation has not been improved in beginning 2016, due to the sluggish market demand

Friday, January 15, 2016

Cancana JV Sells 7,500 Tonnes of Manganese;Share Surge

Cancana Resources (CVE:CNY), a Canada-based exploration-stage company, and its joint venture partner Ferrometals, together Brazil Manganese Corp., made a 7,500-tonne sale of manganese mineral product this month. Shares surged in morning trade.

Friday, January 15, 2016

Yingli/Demeter Team up for Thailand-based Solar Panel Plant

Yingli Green Energy Holding Co. Ltd.’s YGE European subsidiary, Hainan Yingli New Energy Resource Co, LTD. ("Hainan Yingli"), has formed a joint venture (“JV”) with a Demeter Corporation PLC subsidiary, Demeter Power Company Limited.

Friday, January 15, 2016

Steel Makers Seek Loan Restructuring, Interest Moratorium

Burdened with huge volume of loans and hostile macroeconomic factors, steel producers have sought a financial package from the Centre that allows debt restructuring.

Thursday, January 14, 2016
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