Global insight

Merafe FeCr sales and Profit Increased in H1,2014

]Merafe Resources posted a sharp increase in interim profit, with higher sales of ferrochrome, the feedstock for stainless steel production.The company said on Aug.12 2014 that revenue was 35% higher at R1.99bn as a result of a 25% increase in ferrochrome sale...

Friday, August 15, 2014

Merafe to Cut Debt and Pay Dividends

MERAFE Resources’ share price jumped 10% to R1.42 on Tuesday after it declared an interim dividend of 1.12c per share.

Thursday, August 14, 2014

Minco Plans Maritime Manganese Mine

Dublin-registered Minco PLC (LSE: MIO) is planning to produce high grade manganese from its Woodstock project in New Brunswick for 25% below the industry’s average cost, and supply the North American and European steel markets that rely on increasingly fragme...

Thursday, August 14, 2014

Gibson in Talks with Mary Valley Manganese Explorer

PERTH-based manganese exploration company Eclipse Metals Ltd has followed up optimistic results from its Mary Valley tenements by significantly expanding its Gympie region territory.

Thursday, August 14, 2014

Mogale speciality Alloys Production Delayed to Q4

The installation of new ferroalloy refining and granulation equipment at Mogale Alloys’ processing plant in South Africa has been delayed, parent company Afarak Group announced on August 12th.

Wednesday, August 13, 2014

US Silicon Metal Price Rise Up for Shortage Supply of Brazil and Australia

In second ten-day of August, silicon metal price in US spot market rose up again due to shortage supply of materials from Brazil and Australia.

Wednesday, August 13, 2014

W Resources First Tungsten Shipment Cash Proceeds

W Resources said the first load of tungsten (WO3) concentrate, from the La Parrilla tailings project in Spain, was shipped last week with first sales revenue received Friday 8 August - a significant milestone for the Company.

Tuesday, August 12, 2014

Zenith Minerals Assays 48.1% Manganese at Earaheedy

Zenith Minerals (ASX:ZNC) has identified high grade manganese from rock sampling conducted on two new, strike extensive manganese prospects at Earaheedy in Western Australia.

Tuesday, August 12, 2014
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