Global insight
New Nickel Copper Discovery at Double Magic Ni-Cu Project
Buxton Resources Limited (ASX: BUX & BUXO) advises that it has discovered significant nickel and copper sulphide mineralization in its first reverse circulation (RC) drilling program at its 100% owned Double Magic Nickel-Copper (Ni-Cu) Project in Western Austr... |
Turkish Ferroalloys Import Slightly Down by 9.2% in H1 of 2015
In Jun 2015, Turkish ferroalloy export was 4,259 mt, dropping down by 41.5% M-O-M and dropping down by 206% Y-O-Y. In H1 of 2015, the total export was 37,391 mt, down by 40.5% Y-O-Y. Netherlands and Canada were the main importers of Turkish ferroalloys. |
Eskom still Looking to Close ‘gap’ between Actual and ‘Cost-Reflective’ Tariffs
State-owned electricity utility Eskom has again argued that South African consumers are not yet paying “cost-reflective tariffs” and has indicated that it will continue to pursue revenue “claw backs” through the National Energy Regulator of South Africa’s... |
Eskom Unveils New Coal-Sourcing Strategy as it Pursues R2bn Optimum Claim
State-owned electricity utility Eskom has confirmed an overhaul to its coal-sourcing model, which could result in it withdrawing from its historical cost-plus arrangements with “tied collieries” in favour of arms-length commercial contracts with coal supplie... |
South Africa Ferroalloys Export Slightly Down by 6.6% in H1 of 2015
In Jun 2015, South African ferroalloy export was 336,185 mt, dropping down by 24.4% M-O-M and dropping by 9.6% Y-O-Y. In H1 of 2015, the total export was 2,244,100 mt, down by 6.6% Y-O-Y. China, South Korea, Japan, USA and Taiwan China were the main importers ... |
Brazil’s Ferroalloy Import Rose Up by 63.3% in H1 of 2015
In June, 2015, Brazil exported 23,326 tons of ferroalloy, slightly down by 1% M-O-M and decreasing down by 25.2% Y-O-Y. In H1 of 2015, Brazil totally exported 232,349 tons of ferroalloys, up by 15.2% Y-O-Y. The materials including ferronickel, ferrosilicon and... |
First Quantum to Cut about 1,480 Zambia Jobs on Power Shortages
First Quantum Minerals will cut about 1,480 construction jobs at copper and nickel mines in Zambia as part of cost-reduction plans needed after the nation’s electricity utility reduced supply. |
NICKEL-IRON: First Point, Cliffs Rejig Decar Project Deal
First Point Minerals Corp. of Vancouver and Cliffs Natural Resources of Cleveland, OH, have amended their agreement covering the Decar nickel-iron project 80 km north of Fort St James. It is now a contractual joint venture with 60% belonging to Cliffs and 40% ... |
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