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Vale to sell 14% stake in Indonesia unit

Vale (NYSE: VALE) will divest 14% of its stake in Indonesian nickel unit to fulfill the country’s divestment rules, mining minister Arifin Tasrif told reporters on Friday.

Monday, November 13, 2023

Eastplats’ financial performance improves

Eastplats continues to produce chrome concentrate from its retreatment project, and has also started blasting operations at CRM, which initiated the soft restart of the Zandfontein underground section.

Monday, November 13, 2023

Weekly Report of Ferrosilicon Market (Nov 6-10, 2023)

In November, HBIS Group tendered 1863 tons of 75B ferrosilicon, a decrease of 1447 tons compared to October.

Friday, November 10, 2023

Zimbabwe’s dollar bourse plans commodity, electricity exchange

Zimbabwe’s bourse in the resort city of Victoria Falls plans to start a commodity and electricity exchange in the first quarter of next year, its chief executive officer said.

Friday, November 10, 2023

South Africa's mining production down 1.9% y/y, mineral sales down 20.2% y/y in Sept

Manganese ore production decreased by 5.6%, contributing -0.4 of a percentage point to the overall figure.

Friday, November 10, 2023

Reinvestment in coal-based steel production ‘fundamentally incompatible’ with achieving climate target: SteelWatch

Steelmakers around the world, including the US’ Cleveland-Cliffs, South Korea’s POSCO, Europe’s Tata and Australia’s BlueScope, ...

Friday, November 10, 2023

China’s Shenghe Resources to acquire shares in Vital Metals

The share subscription will be conducted in two phases.

Friday, November 10, 2023

US HDG/CRC: Prices jump on sales

US hot-dipped galvanized (HDG) coil and cold-rolled coil (CRC) prices jumped as mills locked in higher prices.

Thursday, November 9, 2023
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