Global insight

Wolf Produces First Tungsten from UK Mine

ASX-listed Wolf Minerals has started tungsten concentrate production at its Drakelands openpit mine at the Hemerdon tungsten and tin project, in the UK. “We are very pleased to announce that, as part of the commissioning process, we have now produced tungsten...

Wednesday, September 2, 2015

China Factory Data Roils Copper Stocks

The value of base metal miners and diversified giants fell on Tuesday as metals prices dropped back to near financial crisis lows after Chinese manufacturing data shocked commodity markets.

Wednesday, September 2, 2015

Panoramic Widens Losses in 2015

Nickel miner Panoramic has widened its losses for the 2015 financial year, as bottom-line figures were affected by lower production and declining revenues.

Tuesday, September 1, 2015

S&P’s Cuts Metals Price Forecasts to Review Miner’s Ratings

Standard & Poor’s warned on Monday it was likely to revise the credit ratings for some miners over the next week after cutting its price forecasts for aluminium, copper, zinc, nickel and gold and said it expected prices to remain volatile.

Monday, August 31, 2015

Ore Starved Steel Units in Odisha Seek CM's Intervention

Steel makers in the state battling steep ore prices and exorbitant transportation cost have sought the intervention of chief minister Naveen Patnaik to overcome their woes.

Monday, August 31, 2015

Freeport-McMoRan Cuts Spending, Production and Jobs

Shares in Freeport-McMoRan (NYSE:FCX) soared Thursday morning after the copper and gold miner said it would capital spending plans for 2016 by 29%, and reduce its U.S.-based workforce by about 10%.

Friday, August 28, 2015

Botswana Project Receives Modular Building Solutions

Prefabricated building supplier Speedspace delivered 4,256 m2 of mobile preassembled building solutiongs to Botswana government-owned nickel and copper producer BCL last month.

Friday, August 28, 2015

Assore Earnings Nose-Dive amid Weak Iron, Steel Environment

“Substantially” lower iron-ore and manganese prices and challenging operating conditions have contributed to JSE-listed Assore posting lower headline earnings and profit for the 2015 financial year. Headline earnings were down 53.3% to R2-billion, compared w...

Thursday, August 27, 2015
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