African Rainbow Minerals, led by CEO Mike Schmidt, posted a 58% fall in annual headline earnings on Friday reflecting lower commodity prices which forced it to shut down several manganese alloy furnaces.
Gold sales from Pan-African multi-commodity mining and development company Mwana Africa’s Freda Rebecca mine, in Zimbabwe, Dropped slightly to 57799 oz during the financial year ended March 31, from the 58704 oz sold during the prior financial year.
Nearctic Nickel Mines has sued the Quebec Ministry of Energy and Natural Resources for allegedly taking three territories from the Expo Ungava property, in 2008, to create three mining leases issued to Canadian Royalties.
Specialty alloys firm Alcoa will invest $60-million to expand a research and development (R&D) centre near Pittsburgh, Pennsylvania, that would accelerate advanced three-dimensional (3D) printing materals and processes.
According to source reported that Indonesia Government said it will continue to ban nickel ore exports. Indonesia banned export of raw metal ore in early 2014, in order to force local enterprises to establish a smelter, as the results of the loss of billions d...
The world's second largest nickel producer Norilsk Nickel predicted that the global nickel supply shortage continued to extend, caused most companies lose profits and cut the production.