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Global insight

Queensland Nickel Enters Voluntary Administration

The embattled Queensland Nickel on Monday announced that the company had gone into voluntary administration, as it struggled to stay afloat.

Tuesday, January 19, 2016

Brazil's Export of Manganese Ore in December 2015

According to the customs statistics of Brazil, the total export volume of manganese ore in December 2015 was 222,210 tons (material quantity), down by 0.8% from 224,039 tons in the prior month.

Tuesday, January 19, 2016

Queensland Nickel Cuts 237 Jobs at Townsville

Embattled nickel miner Queensland Nickel on Friday announced that 237 workers would be made redundant at its Townsville operations.

Monday, January 18, 2016

Zimasco Applies for Judicial Management

Zimbabwe’s largest ferrochrome producer, Zimasco, has approached the High Court seeking to be placed under judicial management. The company identified Grant Thornton managing partner Reggie Saruchera as the judicial manager.

Monday, January 18, 2016

Troubled Smelter Firm Seeks Court Order for Supply of Ore

International Ferro Metals might have overplayed its hand when it approved a business rescue plan to sell its smelting business to its neighbour, Samancor, although it knew that Rustenburg Platinum Mines , owned by Anglo American Platinum , could suddenly stop...

Monday, January 18, 2016

South Africa's Mining Output down 0.8% Y/Y in Nov: Statistics SA

South Africa's mining production contracted 0.8% in November 2015 compared with a year ago, after contracting sharply by 4.7% in October, Statistics SA data showed.

Monday, January 18, 2016

Afarak Subsidiary Secures Exploitation Licence for Turkey Chrome Project

Dual-listed Afarak Group subsidiary Turk Maadin Sirketi (TMS) has been granted the exploitation mining licence for its Turkey-based Eagle Field chrome project. TMS would now investigate the most appropriate time to bring the mine into production to ensure that...

Friday, January 15, 2016

W Resources Well Positioned in Tungsten at low-cost La Parrilla

W Resources (LON:WRES) is a tale of two mines,” says Michael Masterman, sipping a steaming cup of coffee in a quiet restaurant in Islington, North London.

Friday, January 15, 2016