Global insight

First Quantum to Cut about 1,480 Zambia Jobs on Power Shortages

First Quantum Minerals will cut about 1,480 construction jobs at copper and nickel mines in Zambia as part of cost-reduction plans needed after the nation’s electricity utility reduced supply.

Tuesday, August 11, 2015

NICKEL-IRON: First Point, Cliffs Rejig Decar Project Deal

First Point Minerals Corp. of Vancouver and Cliffs Natural Resources of Cleveland, OH, have amended their agreement covering the Decar nickel-iron project 80 km north of Fort St James. It is now a contractual joint venture with 60% belonging to Cliffs and 40% ...

Tuesday, August 11, 2015

Singapore Economy Grows by 1.8% in Q2

SINGAPORE'S Ministry of Trade and Industry (MTI) announced on Tuesday that the Singapore economy grew by 1.8 per cent on a year-on-year basis in the second quarter, slower than the 2.8 per cent growth in the previous quarter.

Tuesday, August 11, 2015

PV industry to experience limited price increases in August

Orders continued to stream into the photovoltaic (PV) market during the latter half of July 2015. Besides China's domestic demand being spurred by government policy, market demand remains strong across regions, including the US, Japan and India. Capacity utili...

Tuesday, August 11, 2015

Zim Alloys Seeks to Unlock $225m

ZIMBABWE Alloys stands to unlock about $225 million from the export of three million tonnes of chrome ore over five years if Government grants the company’s application for an export licence.

Tuesday, August 11, 2015

US Ferroalloys Import and Export Both Decreased down in H1 of 2015

According to the statistics of US International Trade Commission, American ferroalloy export volume was 9,052 mt in Jun 2015, slightly down by 4.8% M-O-M and down by 6.9% Y-O-Y. The total export volume in H1 of 2015 was 53,991mt, down by 18.5% Y-O-Y. The mater...

Monday, August 10, 2015

Transnet Freight Rail to Begin R$176 Million Manganese Line Shutdown

Railways utility Transnet Freight Rail (TFR) reports that it will spend R176-million during the annual maintenance shutdown of the

Monday, August 10, 2015

Japan Settles High-Carbon Ferrochrome Contract Prices for Q3

[Ferro-Alloys.com]It is reported that Japan’s stainless steel mills have settled contract prices of high carbon ferro-chrome at average US$116 cents/lb in the third quarter of 2015, holding steady from the previous quarter.

Monday, August 10, 2015
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