Global insight

Global Iron Ore and Nickel Prices remained weak

According to the analysts said, the iron ore prices might be possible to drop to USD25/MT. In the same time, nickel price also

Thursday, November 12, 2015

Mexican Steel Imports from China rose in first Eight Months This Year

During January-August this year, Mexico imported 421,000 tons of steel in China, an increase of 44% year on year, which

Thursday, November 12, 2015

Global Iron ore and nickel prices remained weak

According to the analysts said, the iron ore prices might be possible to drop to USD25/MT. In the same time, nickel price also affected by China's slow economics, which was likely to fall further. Although iron ore price rebounds these days, but the demand rem...

Wednesday, November 11, 2015

ZIMASCO DOWN TO ONLY 56 WORKERS

ZIMBABWE Mining and Smelting Company (Zimasco) Shurugwi division has reportedly downsized its workforce from approximately 1 500 to 56 employees, as the chrome giant faces mounting economic challenges.

Tuesday, November 10, 2015

Stressed Zimasco Downsizes to 56 Workforce

ZIMBABWE Mining and Smelting Company (Zimasco) Shurugwi division has reportedly downsized its workforce from approximately 1 500 to 56 employees, as the chrome giant faces mounting economic challenges.

Monday, November 9, 2015

Govt Pressures Chrome Giants over Deposits

Government has denied the country’s two largest ferrochrome producers — Zimbabwe Alloys (ZimAlloys) and Zimbabwe Mining and Smelting Company (Zimasco) — permission to export raw chrome as part of its measures to force the two players to cede part of their c...

Friday, November 6, 2015

Poseidon Renegotiates Convertible Notes

Nickel miner Poseidon Nickel has renegotiated its convertible notes, reducing the face value of the notes from $35-million to $17.5-million and extending the term of the notes by 42 months. The notes were originally issued in two tranches for a total face valu...

Friday, November 6, 2015

When Will the Tungsten Price Go Up?

China plays a dominant role in the tungsten industry. It accounts for about 84.5 percent of the world’s total output, and is a net importer of tungsten concentrates; as a result, it heavily influences the tungsten price.

Thursday, November 5, 2015
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