The directors of Optimum are of the view that there is a reasonable prospect of rescuing Optimum Coal if the supply agreement with Eskom can be renegotiated, Glencore said on Thursday. Optimum Coal announced on August 4 that it had begun business rescue procee...

Brazilian miner Vale said on Thursday that a nitrogen dioxide leak at its Copper Cliff smelter in Sudbury, Ontario had been contained and that the leak did not result in any injuries.

Despite beating production targets, nickel miner Mincor Resources reported a total net loss after tax of A$34.26-million for the full year ended June, compared with a profit of A$1.85-million in the previous financial year.

Re-establishing diplomatic relations between Cuba and the US after 54 years has rekindled fresh hopes that Cuba’s mining and petroleum industries will benefit from potential US investment in these sectors.

It is reported that Rio Tinto, Australia’s largest producer of iron ore, forecasted that the steel output in China would reach 1 billion tons by 2030 despite moderate growth in the past 18 months.

As steel mills adjusted down purchase price and pays slow, it posed threat for cash flow of cored wires producers, their pressure surged.

[Ferro-Alloys.com]In June, 2015, China exported 203mt APT, down 21.6% Y-o-Y(259mt) and 17.4% M-o-M(246mt).

[Ferro-Alloys.com] People who do not often have a cold can be severe once they catch cold, by the same token, not often sharp fluctuation in the RMB exchange in the past several days set off a tidal wave. From 11th August to 13th August, the RMB devaluation fr...