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.
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.
Equitas Resources Corp. (TSXv: EQT) (FSE: T6UN) (“Equitas” or the “Company”) is pleased to announce that the Company has arranged a non-brokered private placement of up to 3,157,895 units (“Units”) of the Company at a price of $0.095 per Unit for gross p...
Takeover target Sirius Resources has inked a supply agreement with diversified major Glencore to supply nearly half of the planned nickel sulphide concentrate production from the Nova mine, in Western Australia.
Australian investment bank Macquarie on August 17 announces to adjust its global nickel market supply and demand forecasts for this year, the global nickel market is expected to be 15,000 tons this year.
BHP Billiton spin-off South32, which launched on the sharemarket with high hopes in May, tumbled to a new low on the ASX today amid a global commodity crunch, with shares down more than 30 per cent from their high point shortly after listing.