Global insight

Almonty Industries Closes First Tranche of Private Placement for US$2.6 Million

[Ferro-Alloys.com]Almonty Industries Closes First Tranche of Private Placement for US$2.6 Million

Friday, March 11, 2016

New Age Exploration Reports On Preliminary Mining Study for Tungsten-tin Project

New Age Exploration (ASX:NAE) reported results of further technical studies on its Redmoor Tungsten-tin project in Cornwall, UK. The company has previously completed an updated inferred mineral resource estimate and exploration target for the project.

Friday, March 11, 2016

Kalagadi Manganese Halts Operations at Hotazel Mine

The incident, which took place on Monday night, caused millions of rands worth of damage to the affected infrastructure, which included damage to the transformer at the substation that supplies power to the rail line at the mine.

Friday, March 11, 2016

Samarco to Restart Production by Q4 2016

Reuters reported that the Brazil-based Samarco iron ore mine, whose tailings dam burst last year, killing 19 people, will restart production by the start of Q4 2016. Samarco is a joint venture between Vale SA (NYSE:VALE) and BHP Billiton (ASX:BHP,LSE:BLT,NYSE:...

Thursday, March 17, 2016

Mincor Unveils Growth Strategy As It Waits for Nickel Price Recovery

Nickel firm Mincor Resources on Thursday revealed a two-pronged growth strategy which would take advantage of the current high gold price and a future recovery in the nickel price. The miner, which suspended operations at its Mariners and Miitel mines, in West...

Thursday, March 10, 2016

Merafe Cash Skyrockets on Ferrochrome Venture’s Superb Showing

Ferrochrome company Merafe, which generates revenue and operating income primarily from its chrome venture with mining and marketing major Glencore, shot the proverbial lights out in 2015, when its cash generation went through the roof and every box was ticked...

Thursday, March 10, 2016

New Caledonia May Allow Nickel Exports to China as Price Tumbles

New Caledonia is weighing lifting restrictions on the sale of nickel ore to China as world prices for the metal tumble and the future of a key Australian customer is in doubt. New Caledonia has long resisted selling ore directly to large consuming countries su...

Thursday, March 10, 2016

W Resources Looking to Exploit Growth in the Tungsten Market, says chairman

[Ferro-Alloys.com] There has been a lot of news flow from W Resources PLC (LON:WRES) in the past week as it reported positive news from a number of its projects.

Wednesday, March 9, 2016
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