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Glencore Sells Stakes in Three Assets, Gets Only $290 Million

Swiss commodities trader and miner Glencore (LON:GLEN) confirmed Friday it has sold its stakes in three assets it got after acquiring Xstrata in 2013, raising about $290 million.

Monday, August 17, 2015

IFM Fights Low Ferrochrome Price, Higher Input Costs

International Ferro Metals’ (IFM’s) financial performance and cash flows will likely remain under pressure unless there is a “sustained improvement” in the ferrochrome price, which has been hovering at the same level for three consecutive quarters.

Monday, August 17, 2015

Vale Ordered to Halt Production at Giant Amazon Nickel Mine

A Brazilian federal court on Friday ordered Vale, the world's number one nickel and iron ore producer, to halt activity at its Onça Puma nickel mine in northwestern Brazil.

Monday, August 17, 2015

TPT Gets go-ahead to Operate Manganese Terminal

Cabinet has approved the issuing to Transnet Port Terminals (TPT) of a permanent operating licence to operate the manganese container terminal at the Port of Ngqura, near Port Elizabeth.

Monday, August 17, 2015

Brazil Court Orders Vale to Halt Amazon Nickel-Mine Operation

A Brazilian federal court on Friday ordered Vale to halt activity at its Onsa Puma nickel mine, in Brazil’s Amazon state of Para, until it can demonstrate what actions it has taken to compensate indigenous communities in the region.

Monday, August 17, 2015

LME Nickel Price Sharply Fluctuated due to Depreciation of Yuan (Aug 10th-Aug 14th)

LME Nickel Price Sharply Fluctuated due to Depreciation of Yuan (Aug 10th-Aug 14th)

Monday, August 17, 2015

Nickel Ore Price forced to Decline Domestically (Aug 10th-Aug 14th)

Nickel Ore Price forced to Decline Domestically (Aug 10th-Aug 14th)

Monday, August 17, 2015

FeNi Price Held at a Low Level (Aug 10th-Aug 14th)

FeNi Price Held at a Low Level (Aug 10th-Aug 14th)

Monday, August 17, 2015
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