Global insight
Should South Africa Nationalise its Mining Industry?
Should South Africa Nationalise its Mining Industry? The nationalisation of natural resources has always been a muddy area for any nation’s economic and political waters; mostly because it lacks the clarity of certainty. This area may be considered a pivotal ... |
Tenova Pyromet to establish first silicon metal furnace in Iceland for United Silicon
Tenova Mining and Minerals announced today that its furnace specialist, Tenova Pyromet, has been awarded a contract by United Silicon, Iceland, to build a 32 MW silicon metal furnace. This is the first silicon metal furnace to be established in Iceland and, a... |
Worldsteel:July Global Crude Steel Production up by 1.7% Y-O-Y
World crude steel production for the 65 countries reporting to the World Steel Association (worldsteel) was 137 million tonnes (Mt) in July 2014, an increase of 1.7% compared to July 2013. |
Indian Govt increases Royalty Rates on Minerals
Indian government increases royalty rates on minerals. Including Iron ore, Bauxite, Chrome ore Manganese ore |
China's Trade of Molybdenum in Jan-Jun 2014= As compared with Year-Earlier Period, Export is up by 92% and Import is up by 77%
According to the calculation to figure out volumes in pure Mo equivalent based on China's customs statistics, the export volume in the period from January to June in 2014 was 8.8909 million lbs (up by 91.7% from the year-earlier period) and the import volume w... |
EVRAZ Agrees to Sell 34% of Shares in Highveld = To Macrovest for US$27 Million
EVRAZ plc, a major steel company in Russia has recently announced that it concluded an agreement to sell 34% of issued shares in EVRAZ Highveld Steel and Vanadium Ltd., South Africa. EVRAZ itself still has a 51% shareholding. |
Indian Ferroalloy Manufacturers prefer Imported Manganese Ore over Domestic
Manganese ore prices remain unchanged amid lackluster Manganese Alloy market. Reportedly, demand for imported ore is much higher in the domestic market. |
Molybdenum Production and Use Fall Slightly
Global use of molybdenum in the first quarter of 2014 decreased to 136.1 million pounds, down 2% from 138.2 million pounds in the previous quarter but 7% higher than the same quarter in 2013, figures released today by the International Molybdenum Association (... |
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