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Metals Heading for Worst Week of 2015
Most metals, from copper to aluminum fell again Friday and were heading for their worst week of the year in early trading after data showed Chinese factory activity shrinking at the fastest pace since 2009. |
Weekly Stock of Chrome Ore in China's Main Ports (21-Aug-15)
Weekly Stock of Chrome Ore in China's Main Ports (21-Aug-15) |
Commodity Trading Tips for Nickel by Kedia Commodity
Nickel settled at 679.70 as support can be seen after the update that the global nickel market surplus shrank to 8,800 tonnes in June, from a revised surplus of 9,500 tonnes in May, but was larger than a surplus in the same month last year, a monthly report fr... |
Heap Leach: Mining's Breakthrough Technology
Amid turmoil on commodity markets and a relentless drive by mining companies to increase efficiencies, heap leaching has emerged as a breakthrough technology experiencing stunning growth over the past decade. |
First Nickel Goes into Receivership
Legal firm KSV Kofman has been appointed as the receiver of First Nickel after the company’s principle secured lender Resource Capital Fund demanded repayment of all of the obligations owing to it, enforcing its security under the Bankruptcy and Insolvency Ac... |
NUM Signs Three-year Wage Deal at Nkomati Following Three-day Strike
The National Union of Mineworkers announced on Thursday that it had signed a three-year wage deal at the Nkomati Nickel mine, which is owned by Patrice Motsepe’s African Rainbow Minerals and Norilsk of Russia. |
Western Areas Reports a Profit Rise Despite Weak Market
Despite a challenging price environment, nickel miner Western Areas has reported a 37.5% increase in net profits after tax for the year ended June, as costs were reduced and volumes increased. |
Glencore Maintains Dividend on 29% Lower Earnings
Diversified marketing and mining major Glencore on Wednesday reported 29% lower first-half earnings of $4.6-billion on weaker commodity prices. |
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