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Global insight

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

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

Chinese Scrap at 10-year Low Pressures Iron Ore Price

The price of iron ore dropped for the tenth session in a row on Monday as investors shift focus to fundamentals after a stimulus package from top consumer China announced last week did little to improve prospects for the industry.

Wednesday, October 28, 2015

Assessing BHP Billiton’s Iron Ore Production Target in 1Q16

Iron ore volumes are key to BHP Billiton’s (BHP) (BBL) iron ore segment’s revenue. In the current

Wednesday, October 28, 2015

South Africa Kumba’s Iron Ore Production Fell in Q3

South Africa Kumba iron ore company released iron ore production and marketing report for Q3 of this year, the company’s iron ore output was 11.391 million tons, decreased of 12.2% year on year to 1.581 million metric tons.

Wednesday, October 28, 2015

Poseidon Considers Its Production Options

Embattled nickel miner Poseidon Nickel is considering a standalone gold facility at its Windarra project, in Western Australia, while nickel prices remain in the doldrums.

Wednesday, October 28, 2015

South32 Mn Business Review due Dec’15, Furnaces Remain Closed

South 32, the 60% JV partner with Samancor Manganese, increased its saleable manganese ore production by 18% in its September 2015 quarter, but dropped its alloy production by 45%.

Tuesday, October 27, 2015