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Small Scale Chrome Miners Sing the Blues

WHEN the ban on chrome ore exports was said to have been lifted in June, miners along the Great Dyke thought their woes would soon be over. But the joy was short-lived as companies such as the Zimbabwe Iron and Smelting Company (Zimasco) and Zimbabwe Alloys...

Friday, October 30, 2015

China's GDP Growth Slows in Q3

BEIJING, Oct. 19 (Xinhua) -- China's economy posted a 6.9-percent growth year on year in the third quarter of 2015, lower than 7 percent in the first half of the year, the National Bureau of Statistics (NBS) announced on Monday.

Thursday, October 29, 2015

Sherritt Widens Loss as Lower Commodity Prices Weigh

Diversified miner Sherritt International has increased its net loss by C$158.7-million during the third quarter ended September, as lower prices for nickel, cobalt and oil and gas products weighed on the bottom line.

Thursday, October 29, 2015

Iron ore dives below $US50

[Ferro-Alloys.com]The price of iron ore has tumbled below the key psychological threshold of $US50 a tonne as Chinese steel mills warn on slumping demand. At the end of the latest session, benchmark iron ore for immediate delivery to the port of Tianjin in Ch...

Thursday, October 29, 2015

Three Favorable Factors Are Showing Up in Chinese SiMn Industry

[Ferro-Alloys.com] The silicon manganese price has continued to fall in the past 10 months in China. At present, there are three favorable factors for the silicon manganese industry. Firstly, the November quotation of manganese ore dropped. It is said that th...

Thursday, October 29, 2015

Chinese SiMn Enterprises Are Facing with Two Adverse Factors

[Ferro-Alloys.com] The silicon manganese price has continued to fall in the past 10 months in China. At present, there are two adverse factors for the silicon manganese industry.

Thursday, October 29, 2015

Huaze Cobalt & Nickel Net Revenue RMB 96.17-million in the First Three Qs 2015

The well-known nickel producer Huaze Cobalt & Nickel (000693) announced its Quarterly Repert on Wednesday that the firm earns a net revenue of RMB 96.17-million in the first three quarters this year, down 25.28 percent year over year, and adds 0.1769 yuan per ...

Thursday, October 29, 2015

New Caledonia Starts to Export Nickel to China

As reported in 27 October, New Caledonia government has authorized a sole company to export low-grade nickel ore to China. Under the agreement, MKM Corp. will sell 300,000 tones of nickel ore to China in the coming 18 months. New Caledonia accounts for a quart...

Thursday, October 29, 2015
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