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... |
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. |
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... |
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. |
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 |
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. |
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. |
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. |
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