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Global insight

Glencore Advances First Tranche of $30m Loan to PolyMet

TSX- and NYSE MKT-listed PolyMet Mining has received the first tranche of $6-million under a $30-million loan facility due on March 31, 2016, giving the project developer about $10.3-million working capital to advance its NorthMet copper/nickel/precious metals...

Monday, October 12, 2015

BHP to Cut 37 Jobs at Kambalda Concentrator

Mining giant BHP Billiton will cut some 37 staff from its Kambalda concentrator, in Western Australia, as third-party providers cut ore supply.

Saturday, October 10, 2015

Panoramic Ups the Nickel Resource at Savannah

Nickel miner Panoramic Resources has lifted the resource of its Savannah project, in Western Australia, by 54400t.

Saturday, October 10, 2015

Western Areas Completes Cosmos Buy

ASX-listed Western Areas has completed the A$24.5-million acquisition of the Cosmos nickel complex from diversified miner Glencore’s Xstrata Nickel Australasia Operations subsidiary.

Friday, October 9, 2015

Latin America’s Steel Imports from China Increase in First 8 Months

According to Latin American Steel Association (ALACERO), the rolled steel imports from China to the region increased by 5% between January and August, reaching 5.7 millon tons.

Friday, October 9, 2015

Japan’s Steel Rebar Exports Statistics in August

According to statistics showed in August of this year, Japan’s steel exports totaled 39,218 tons. During the first eight months of this year, Japan exported 306,596 tons, export price was FOB US$438.52/ton).

Friday, October 9, 2015

Inida's NMDC to Lower Iron Ore Prices for Oct

Indian state-owned miner National Mineral Development Corporation (NMDC) has announced to lower its domestic prices for iron ore for October.

Friday, October 9, 2015

Moil Ltd Fixes Price of Mn Ore for The Quarter October - December 2015

Moil Ltd has announced with reference to the fixation of price. The company has a business practice of revising the prices of manganese ore on a quarterly basis. The company has now announced the price of various grades of manganese ore for the quarter October...

Friday, October 9, 2015