Global insight

Smog in north China puts pressure on seaborne iron ore market

The seaborne iron ore market remained depressed on Tuesday December 1 after hitting new low a day earlier, with heavy smog in north China contributing to the pessimism. The Metal Bulletin 62% Fe Iron Ore Index now stands at $42.24 per tonne, a loss of $0.7...

Wednesday, December 2, 2015

Vale says 2016 will be another challenging year for miners

Vale expects 2016 will be another challenging year for miners but says it is continuing to restructure to adapt. The Brazilian miner, the world’s biggest producer of iron ore, pellets and nickel, said it will be able to make these changes without having t...

Wednesday, December 2, 2015

Talon Metals Secures Funding to Earn Stake in US Project

Mineral exploration company Talon Metals has secured $15-million in funding from private equity firm Resource Capital Fund (RCF), that will allow it to conduct further exploration at the Tamarack nickel/copper/platinum group elements project, in Minnesota, in ...

Tuesday, December 1, 2015

Mincor Announces Management Succession

Nickel miner Mincor Resources has announced the succession of its MD David Moore, who will switch to a non-executive role after 16 years at the helm of the company.

Tuesday, December 1, 2015

Nickel’s Hiatus May be Brief Without Output Cuts and Stronger Demand

Nickel’s spectacular fall since the middle of last year may have come to a halt, but without significant, enduring output cuts and stronger demand from China’s stainless steel mills the reprieve coule be brief.

Tuesday, December 1, 2015

20% Chrome Export Levy Scrapped

THE government has scrapped the 20 percent export tax on chrome, which has been a major hurdle in trading the mineral.

Monday, November 30, 2015

Chinese Firms Seal $28m Chrome Deal

Zimbabwe has sealed two deals with Chinese companies running into several millions of dollars for the off-take tantalite and chrome following the lifting of a four-year-old export ban on chrome ore.

Monday, November 30, 2015

Zimbabwe's Forlorn Minerals Export Dream

IT is said dreaming is a human right that was granted to every human being by God at the beginning of time. And fertile dreaming has kept many trudging through the journey of life. For without assuring himself/herself of a better tomorrow, many a man would ...

Monday, November 30, 2015
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