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Global insight

South32 to Book $1.9bn Writedown

Australia Manganese saleable ore output lifted 3 per cent to 2.9 million tonnes for the 12 months to June 30, after plant throughput and concentrator yields improved. Meanwhile, the company's South African Manganese saleable ore production increased by 7 per c...

Wednesday, July 22, 2015

Cancana Resources Provides Q2 Results-BMC JV Increases Quarterly Production by 55%

Cancana Resources Corp. (TSX VENTURE:CNY) (the "Company" or "Cancana") announced today results from the second quarter of operations from its joint venture Brazil Manganese Corp ("BMC").

Wednesday, July 22, 2015

Japan’s Ferroalloys Import Dropped by 6.1% in Jan-May 2015

According to the statistics of Japan Customs, Japan’s ferroalloy export volume was 28,102 mt in May 2015, up by 60% M-O-M and up by 25.7% Y-O-Y. The total export volume in Jan-May 2015 was 107,677 mt, down by 6.1% Y-O-Y.

Wednesday, July 22, 2015

US Ferroalloys Import Volumes in Jan-May 2015 down by 12%

According to the statistics of US International Trade Commission, American ferroalloy export volume was 9,509 mt in May 2015, up by 3.5% M-O-M and down by 14.5% Y-O-Y. The total export volume in Jan-May 2015 was 44,939 mt, down by 20.5% Y-O-Y. The materials we...

Wednesday, July 22, 2015

Merafe’s Profitability Slides

[Ferro-Alloys.com]Merafe Resources says basic earnings per share for the six months to June will drop by between 41% and 48% to 4.7c and 5.3c.

Wednesday, July 22, 2015

Prices, Expenses Drive 48% Dip in Merafe H1 Earnings

[Ferro-Alloys.com]Black-managed Merafe Resources is bracing for an up to 48% slump in basic earnings per share (BEPS) for the six months ended June 30, informing the market on Monday that the decrease in net ferrochrome prices and an increase in expenses was e...

Wednesday, July 22, 2015

Zimbabwe: Unki Platinum Mine Production Up

[Ferro-Alloys.com]UNKI mine produced 16 000 equivalent refined platinum ounces in the second quarter to June 30, 2015, about 7 percent higher than the comparative period last year, the company has said.

Wednesday, July 22, 2015

Planetary Resources' first spacecraft begins testing asteroid prospecting technology

“Our philosophy is to test often, and if possible, to test in space (…) We are innovating on every level from design to launch,” Planetary Resources president and chief engineer, Chris Lewicki, said.

Tuesday, July 21, 2015