Global insight

Russian Norilsk Nickel Predicts Global Nickel Supply Shortage in 2016

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.

Sunday, September 6, 2015

Indonesia Remained Nickel Ore Export Ban

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...

Sunday, September 6, 2015

Wolf Produces First Tungsten from UK Mine

ASX-listed Wolf Minerals has started tungsten concentrate production at its Drakelands openpit mine at the Hemerdon tungsten and tin project, in the UK. “We are very pleased to announce that, as part of the commissioning process, we have now produced tungsten...

Wednesday, September 2, 2015

China Factory Data Roils Copper Stocks

The value of base metal miners and diversified giants fell on Tuesday as metals prices dropped back to near financial crisis lows after Chinese manufacturing data shocked commodity markets.

Wednesday, September 2, 2015

Panoramic Widens Losses in 2015

Nickel miner Panoramic has widened its losses for the 2015 financial year, as bottom-line figures were affected by lower production and declining revenues.

Tuesday, September 1, 2015

S&P’s Cuts Metals Price Forecasts to Review Miner’s Ratings

Standard & Poor’s warned on Monday it was likely to revise the credit ratings for some miners over the next week after cutting its price forecasts for aluminium, copper, zinc, nickel and gold and said it expected prices to remain volatile.

Monday, August 31, 2015

Ore Starved Steel Units in Odisha Seek CM's Intervention

Steel makers in the state battling steep ore prices and exorbitant transportation cost have sought the intervention of chief minister Naveen Patnaik to overcome their woes.

Monday, August 31, 2015

Freeport-McMoRan Cuts Spending, Production and Jobs

Shares in Freeport-McMoRan (NYSE:FCX) soared Thursday morning after the copper and gold miner said it would capital spending plans for 2016 by 29%, and reduce its U.S.-based workforce by about 10%.

Friday, August 28, 2015
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