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W Resources Delighted with Latest Assays from La Parrilla

Tungsten group W Resources (LON:WRES) says it's delighted with latest drill results from La Parrilla project in Spain, which beat expectations and will improve mine planning next year.

Wednesday, December 9, 2015

Port Hedland Iron-ore Shipments to China up 3% in November

Monthly iron-ore shipments to China through Australia's Port Hedland rose 3% in November amid a sharp weakening in prices for the raw material used in steel production,

Wednesday, December 9, 2015

China's Iron-ore Imports Surge 22% in Nov

Chinese iron-ore imports surged 22% in November from a year earlier, customs data showed, as big miners in Australia and Brazil won market share even as steel output cuts push the price of the raw material lower. November shipments rose to 82.13-million

Wednesday, December 9, 2015

Mining production drops 4.6% y/y in October in South Africa

Mining production fell by 4.6% year-on-year in October, owing to a drop in coal, iron-ore and gold output, Statistics South Africa (Stats SA) revealed on Tuesday. Coal production was down 15%, iron-ore production fell 18.4% and gold production declined 7.5%.

Wednesday, December 9, 2015

Palmer’s Queensland Nickel Seeks Short Term Govt Guarantee

Embattled miner Queensland Nickel has requested an urgent meeting with Queensland Premier Annastacia Palaszczuk and treasurer Curtis Pitt over the future of its Townsville refinery. The cry for help comes a day after mining personality Clive Palmer’s Mineralo...

Wednesday, December 9, 2015

Manganese Ore Exports via Port Hedland down 51.5 percent in Nov from Oct

In November this year, manganese ore shipments from Australia's Port Hedland totaled 72,000

Wednesday, December 9, 2015

Anglo American to Slash Workforce by 85,000 amid Commodity Slump

Anglo American has suspended its dividend and announced plans to cut its workforce by 85,000 and dispose of more than half its mines in response to the plunging price of iron ore and other metals.

Wednesday, December 9, 2015

China’s Steel Mills Need to Shrink

In the space of 30 years, China has become the world’s largest steelmaker by a long margin. Decades of rapid economic growth fed huge demand for infrastructure and housing, all of which required massive volumes of steel. As the Chinese economy slows, however,...

Tuesday, December 8, 2015
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