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Global insight

Australia’s Iron Ore Producers Steel Themselves for Casualties

Australia’s iron ore industry is bracing itself for further casualties following the collapse of two junior miners because of a slump in prices that has put pressure on high-cost producers and raised question marks over some new projects backed by Chinese inv...

Monday, September 15, 2014

Yellow Rock Resources’ Gabanintha has Vanadium Production Potential

Yellow Rock Resources (ASX:YRR) has completed a concept engineering study demonstrating its Gabanintha high grade vanadium project in Western Australia has potential for significant production and competitive costs.

Monday, September 15, 2014

Callabonna Resources to Carry Out Manganese Drilling in Mali

Callabonna Resources is planning to carry out drilling to test an Exploration Target of 5 million to 15 million tonnes at between 35% and 45% manganese at Mali Manganese’s Ansongo Project in Mali. The company is managing exploration at Ansongo to earn a 1...

Monday, September 15, 2014

India HC FeMn being Offered at INR 56,500-57,500/MT

HC Ferro Manganese price declined as buying interest is visibly low. Currently grade 70% min is being traded at INR 56,500/MT (Ex-Raipur) and INR 57,500/MT (Ex-Durgapur). Market sources said buyers were not interested about sourcing material and the market has...

Monday, September 15, 2014

US Ferroalloys Import Volumes Dropped in July of 2014

According to the statistics of US International Trade Commission, American ferroalloy export volume was 11307 mt in July 2014, up by 16.3% M-O-M and up by 37.2% Y-O-Y. The total export volume in Jan-Jul of 2014 was 77521mt, up by 11.7% Y-O-Y.

Friday, September 12, 2014

Exxaro likely to retrench employees at failed AlloyStream project

Exxaro resources says it is contemplating the possible retrenchment of employees at its beleaguered AlloyStream project, after all efforts to resuscitate the ailing Letaba ferromanganese pilot plant failed.

Friday, September 12, 2014

Debt Debut Fuels Nickel West Talk

Glencore has moved to tap the Australian debt markets for the first time as speculation mounts the Swiss trading and mining giant will emerge as the buyer of BHP Billiton's unwanted Nickel West division.

Friday, September 12, 2014

Seacem to Enter Nickel Business via PGMC

In a special meeting on Wednesday, Seacem’s board of directors approved to change the company’s name to Global Ferronickel Holdings, Inc., the company said in a disclosure to the stock exchange.

Friday, September 12, 2014