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.

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.

Diversified marketing and mining major Glencore on Wednesday reported 29% lower first-half earnings of $4.6-billion on weaker commodity prices.

Australian nickel refiner Queensland Nickel has yet to fill its laterite ore quota from New Caledonian suppliers and was eager to increase volume as the South Pacific country faces preddure to lift a ban on exports to China.

Shares in mining and commodity trader giant Glencore (LON:GLEN) fell more than 9% Wednesday morning, hitting a fresh record low, after it revealed it has swung to a steep, half-year loss and disappointed investors over debt-reduction efforts.

[Ferro-Alloys.com]Supported by rising demand from alloy-makers at domestic spot markets, nickel futures traded a shade higher at Rs 680.30 per kg as speculators enlarged positions.

Glencore Plc investor Harris Associates LP, one of the biggest shareholders in the commodity trader and miner, is betting this year’s worst performer on the U.K.’s benchmark stock index will recover.

According to the statistics of Korea Customs, Korea’s ferrosilicon(Si>55%) import volume was 23,673 mt in Jul 2015, up by 2.3% M-O-M and decreasing by 15.4% Y-O-Y. The total import volume in Jan-Jul of 2015 was 154,681 mt, decreasing down by 44.2% Y-O-Y. The ...