Global insight

No Decision yet on Queensland Nickel Assistance – Treasurer

The Queensland government has not made any decisions on whether to bail out embattled Queensland Nickel, Treasurer Curtis Pitt said this week. Queensland Nickel owner Clive Palmer had appealed to the government to provide “minimal assistance” to ensure the c...

Tuesday, December 15, 2015

Glencore Aannounces Ferrochrome and Nickel Production Forecasts in 2016

Glencore has recently announced its 2016 production forecasts, with the ferrochrome production is about 1.6 million tons, for +/-25,000 tons and the nickel production is about 116,000 tons, for +/-4000 tons.

Tuesday, December 15, 2015

Andhra Pradesh's Vizianagaram Sitting on 14m Ton of Mn

The stretch of Eastern Ghats in Vizianagaram district of Andhra Pradesh has nearly 14 million tons of manganese, according to research scholars from the department of Geology , Andhra University in Visakhapatnam.

Tuesday, December 15, 2015

Tshipi to Slash Mn Exports, Labour Force amid Depressed Market

Tshipi é Ntle Manganese Mining will reduce exports over the the next three months by at least 35%, and by 30% in 2016, and has also started with a restructuring process that could see it cutting its workforce by up to 60%, it said on Monday.

Tuesday, December 15, 2015

CosMin Financial Results for the three months and nine months to 30 September 2015

Total tonnes of manganese ore production for Q3 2015 decreased 22% compared to Q3 2014. Australian manganese ore production decreased by 41% and Ghanaian manganese ore production decreased by 3% compared to Q3 2014. Overall, total manganese ore produced year t...

Tuesday, December 15, 2015

FMI Announces Shutdown of Sierrita Mine

Freeport-McMoRan announced Wednesday a “full curtailment” of its Sierrita mine in Pima County that will mean an additional 450 jobs lost.

Monday, December 14, 2015

General Moly, Inc. (GMO) Short Interest Down 1.2% in November

General Moly, Inc. (NYSE:GMO) saw a significant drop in short interest in the month of November. As of November 13th, there was short interest totalling 1,461,080 shares, a drop of 1.2% from the October 30th total of 1,478,369 shares, Market Beat Ratings repor...

Monday, December 14, 2015

Ferro Alloy Units Stare at Precarious Future in AP

Repeated pleas by the ferro alloy manufacturing industries to the AP government seeking electricity supply at an affordable price appears to be falling on deaf ears as three ferro alloy industries have downed shutters in the last 15 days in the state.

Friday, December 11, 2015
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