Global insight

Independence Polishes up Nova Figures

The economics of the Nova nickel project, in Western Australia, have been further improved following an optimisation study. ASX-listed Independence Group reported on Monday that the project’s net present value had increased by 36% compared with the 2014 defin...

Tuesday, December 15, 2015

South African Stainless Sector Expected to Track Sideways in 2016

South Africa’s stainless steel consumption, which has recovered from the slump experienced during the 2009 recession, is expected to track sideways in 2016. Apparent consumption in 2015 rose 1.9% year-on-year to 190 000 t, which is below the post-crisis peak ...

Tuesday, December 15, 2015

INSG: Global Nickel Surplus Decreasd to 6800t in October

[Ferro-Alloys.com] In Dec. 15th, The International Nickel Study Group published Tuesday that global nickel surplus shed to 6800t. During the first ten months, global nickel surplus is 67100t, accounting for 4 percent of the annual demand. Nickel oversupply dir...

Tuesday, December 15, 2015

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
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