Vale Iron Ore Output Falls in Second Quarter But Still Beats Estimates

Brazil’s Vale (NYSE:VALE), the world’s No.1 iron-ore producer, saw a slight decline in second-quarter output, but still managed to beat beat analysts’ estimates, keeping a new annual production record in sight.

Friday, July 22, 2016

Mick Davis to overhaul X2 Resources as fund fails to close any mining deal

Mick Davis’ X2 Resources, the mining fund once touted as the driver of much-needed investment into the mining industry during the worst of the commodities price rout, is set to go under major changes after failing to close a single deal since launched in 2013...

Thursday, July 21, 2016

Botswana to keep unprofitable copper miner alive just to save jobs

Botswana's state-owned BCL, the country’s biggest copper and nickel miner, will continue to receive about $130 million (1.4 billion pula) a year, even if the company has to stop mining, the country’s vice president said.

Tuesday, July 19, 2016

Philippines: Mining Operations in ARMM Suspended for Performance Audit

COTABATO CITY — The Department of Environment and Natural Resources (DENR) in the Autonomous Region in Muslim Mindanao (ARMM) has suspended all mining operations in the region in the wake of the conduct of performance audit on operating firms’ compliance wit...

Friday, July 15, 2016

Cautiously optimistic about nickel price

Base metals have enjoyed a solid 2016 so far with only lead (-3%) in negative territory for the year. While the likes of zinc (+28%) and tin (+16%) have rallied and steelmaking raw materials iron ore (+24%) and coking coal (+12%) have come back strongly, nicke...

Tuesday, July 5, 2016

Brexit: So, What Kind of Deal Can an Independent UK Expect From the EU?

if the new, post-Brexit U.K. allows open access to workers from the European Union — and not allowing open borders and easy employment for other Europeans was the central plank and sticking point of the entire Leave campaign — it might be easier to make a d...

Wednesday, June 29, 2016

Brexit's effect on metal prices

Britain's referendum and its result in exiting from the EU (with 51.9% leave vote) has sent stock markets around the world into decline. There are many uncertainties for the near future of Britain, Europe, and global markets, including metal prices.

Monday, June 27, 2016

June Nickel Price Forecast: Philippines Shipments in Jeopardy

Nickel ore shipments from the Philippines could be in trouble after a new president’s appointment of an anti-mining presence that could spell disaster for Chinese buyers.

Friday, June 24, 2016
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