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Global insight

Govt Pressures Chrome Giants over Deposits

Government has denied the country’s two largest ferrochrome producers — Zimbabwe Alloys (ZimAlloys) and Zimbabwe Mining and Smelting Company (Zimasco) — permission to export raw chrome as part of its measures to force the two players to cede part of their c...

Friday, November 6, 2015

Poseidon Renegotiates Convertible Notes

Nickel miner Poseidon Nickel has renegotiated its convertible notes, reducing the face value of the notes from $35-million to $17.5-million and extending the term of the notes by 42 months. The notes were originally issued in two tranches for a total face valu...

Friday, November 6, 2015

When Will the Tungsten Price Go Up?

China plays a dominant role in the tungsten industry. It accounts for about 84.5 percent of the world’s total output, and is a net importer of tungsten concentrates; as a result, it heavily influences the tungsten price.

Thursday, November 5, 2015

Low Steel Demand Weighs on Manganese Alloys

The International Manganese Institute (IMnI) just put out its research report for October, giving a good overview of manganese supply and demand trends.

Thursday, November 5, 2015

US DOC to impose preliminary duties on Chinese steel imports

It is reported that the U.S. Department of Commerce announced to impose preliminary duties on some steel products from China. There were Six American steelmakers including U.S. Steel filed trade complaints against China imports. The Commerce Department establi...

Thursday, November 5, 2015

Solidarity Warns of Metal Industry Retrenchment Storm

South32 holds a 60% interest in Samancor Holdings and Anglo American holds the remaining 40%.

Thursday, November 5, 2015

Eclipse Metals Raises Funds for Uranium and Mn Exploration

Eclipse Metals (ASX:EPM) is gearing up for new exploration at its manganese and uranium properties with a fundraising drive targeting up to A$970,660 before costs.

Thursday, November 5, 2015

Nickel Miner Mirabela Reduces Staff Numbers

Embattled nickel miner Mirabela Nickel has cut nearly 34% of its staff numbers as the nickel price remains low.

Wednesday, November 4, 2015