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Sherritt's nickel output up at Ambatovy JV
Canada’s Sherritt International Corporation said the nickel output for the Ambatovy Joint Venture totaled 3,874 tons (100% basis) in May, up by 24.6% compared to the last month. |
Returns at Top 40 Mining Firms Drop to 11-Year Low——PWC
Investment returns from the world’s 40 biggest mining companies declined to the lowest since at least 2003 amid a slump in commodity prices, according to PricewaterhouseCoopers LLP. |
Chinese Nickel Ore Import Down by 71% Y-O-Y in Q1 2015
According to Customs Statistic of China, the nickel ore import in Mar 2015 was 1,732,806 tons, up by 82.6% M-O-M, and down by 29.3% Y-O-Y. The material was mainly imported from Philippines with import volume at 1,701,087 tons. |
Mindoro JV Completes Three Nickel Laterite DSO Shipments in April for US$4.2 Million
Mindoro Resources Ltd. (MIO) (frankfurt:WKN 906167) today announced that Agata Mining Ventures Inc. ("AMVI"), in which Mindoro holds a 40% interest, completed three shipments of nickel laterite direct shipping ore ("DSO") during April 2015, for expected gross ... |
China, Indonesia pledge closer strategic partnership
Chinese President Xi Jinping held talks with his Indonesian counterpart Joko Widodo Thursday and they pledged to strengthen the comprehensive strategic partnership between the two countries. |
Nickel Asia eyeing to top record ore sales in 2015
Reuters reported that Nickel Asia Corporation, the Philippines' biggest nickel miner by output and sales, is looking to ramp up ore exports this year after record sales in 2014 as market expectations of a global supply shortfall persist. |
Bulk Commodities Freight Recorded 28 Years’ New Low
On Jan.29th, the Baltic Dry Index (BDI) declined by 5% to 632point, recording the new low since 1986. In addition to the excess capacity, unstable demand and the dropping fuel costs, the shrinking demand of China was considered to be the main driving force. |
Freeport-McMoRan slashes capital spending, to divest stake in Indonesian unit
Freeport-McMoRan (NYSE:FCX), the U.S. largest miner by market value and revenue, has slashed its capital budget for the year, while seeks funding for its natural oil and gas projects as the miner tries to protect itself from plunging commodity prices. |