Global insight
Mining Minister Says Glencore Has Alternatives to Retrenchment
Mineral Resources Minister Ngoako Ramatlhodi says international mining giant Glencore should have looked at alternatives to retrenchments, including shifting workers to vacancies in other operations, before considering the potential retrenchment of about 1 000... |
First Quantum Mulls Development Delays to Preserve Cash
First Quantum, which primarily mines copper, but also nickel and gold, is trying to alleviate the impact of a 24 percent reduction in power supply in Zambia. |
First Nickel Resumes Operations at Lockerby after Explosion
Mining and explosion company First Nickel resumed normal operations on Monday, following an underground explosion at its Lockerby mine, south-west of Sudbury, in Ontario, on Sunday morning. |
Russia's Norilsk Nickel Production Falls in Q2
Russia's MMC Norilsk Nickel announced its nickel production reached 64,000 tons in the second quarter of 2015, dropping by 5% from the last quarter. |
TVI's Philippine Affiliate JV Completes Four Shipments of Nickel Ore in July 2015 at the Agata Nickel Laterite Project?
"As the operator, TVIRD has put in a tremendous amount of effort to ensure that the Agata nickel laterite operations remain viable and to align its mining activities with today's market conditions," stated Clifford James, Chairman and CEO of TVI and Chairman o... |
Philippine to Mine Nickel until Year End with Help from EI Nino
Philippine nickel miners, hit by a slump in prices, may have found an unexpected ally in the El Nino. They are betting the dryness linked to the weather event will let them mine until year end instead of typically shutting due to seasonal rains. |
Japan’s Ferrosilicon Import Dropped by 4.6% in H1 of 2015
According to the statistics of Japan, Japan’s ferrosilicon(Si>55%) import volume was 31,763 mt in Jun 2015, down by 18.7% M-O-M and down by 40% Y-O-Y. The total import volume in H1 of 2015 was 225,950 mt, decreasing down by 4.6% Y-O-Y. The materials were main... |
SocGen Says Miners’ Output Costs Have Dropped More than Expected
Miners’ output costs have dropped more than industry consensus due to lower energy prices and weak emerging market currencies, a report by Societe Generale showed, suggesting metals prices have further to fall before miners are forced out of business. |
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