Global insight

Zambian Mining to Experience Downturn

The Zambian mining sector is reeling from the effects of the global commodity-demand slowdown, which is mainly attributed to lower demand from China, and lower copper prices, says strategy and communications consultancy africapractice regional analyst Sinethem...

Friday, September 11, 2015

Sirius Shares to Cease Trading on Sept 11

The Federal Court of Australia has approved ASX-listed miner Independence Group’s takeover of fellow-listed Sirius Resources.

Thursday, September 10, 2015

Zimbabwe: Govt Creates SPV for Chrome Ore Trading

Government has created a special purpose vehicle to facilitate buying and selling of chrome ore from small-scale miners following the lifting of export ban on the mineral.

Thursday, September 10, 2015

Anglo Sells Platinum Mines in S.Africa to Sibanye for $330m

As anticipated yesterday, Anglo American (LON:AAL) has announced a $330 million deal with the country’s top gold producer Sibanye (NYSE:SBGL) (JSE:SGL) that will allow it to offload three of its loss-making platinum mines in South Africa.

Thursday, September 10, 2015

Mexico Investigating Indian Ferroalloy 'Dumping'

Mexico announced recently that it has launched an investigation to dete

Thursday, September 10, 2015

South32 to impair Samancor JV with Anglo

SOUTH32, the BHP Billiton spinoff, suffered its first setback less than a month after debuting in Johannesburg saying it may write-down the value of its 60% stake in its Samancor manganese joint venture.

Friday, September 11, 2015

US’s Nickel Scrap Exports Increase in July

According to the United States Department of commerce statistics data released that US’s nickel scrap exports reached 2044 tons in July this year, an increase of 8.3% year on year. In January-April, US’s nickel scrap exports totaled 15,111 tons.

Thursday, September 10, 2015

Independence Revises Long Mine Plan

Diversified miner Independence Group has revised its mine plan and cut staff numbers at its Long operation, in Western Australia, in response to the current weakness in the nickel price.

Wednesday, September 9, 2015
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