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Vale Posts Record Nickel Output Even as Prices Slump

Brazilian miner Vale produced record amounts of iron ore, nickel, copper, cobalt and gold as it battled a slump in global metals prices by boosting output in search of greater market share. Results, though, were below what some analysts expected even as they h...

Friday, February 19, 2016

Anglo Suffers Two Rating Downgrades

Credit ratings agency Fitch on Wednesday lowered Anglo American’s credit rating to junk status with a negative outlook, two days after Moody’s Investors Service made a similar assessment.

Friday, February 19, 2016

Isabel to Ship First Nickel Ore in Q1

Nickel developer Axiom Mining was targeting first shipment of ore from its Isabel nickel project, in the Solomon Islands, during the first quarter of this year.

Thursday, February 18, 2016

As Pressure on BHP and Glencore Grows, Australia Cuts May Signal Nickel Revival

Australian nickel miners are under increasing pressure to suspend or cut production, with investors eyeing key announcements in coming weeks after rival producers in New Caledonia won a pledge of support from France. Benchmark prices of the steel-making materi...

Thursday, February 18, 2016

Indonesia to Review Rules Banning Metal Concentrate Exports From 2017

Indonesia will review rules banning exports of partially processed metal ores, including copper and zinc, as the smelters they were intended to develop have not materialised amid low commodity prices, the country's mining minister said Tuesday.

Wednesday, February 17, 2016

Glencore's Nickel Production is Expected to Grow in 2016

[Ferro-Alloys.com]Glencore has announced its 2015 annual production report, the company’s nickel production totaled 96,200 tons in 2015, down by 5% year on year, mainly due to the Sudbury smelter to suspend for 6 weeks and Koniambo refinery caused by metals l...

Tuesday, February 16, 2016

Axiom Mining to Issue Bonus Option

[Ferro-Alloys.com]Axiom Mining has outlined its intention to make a loyalty bonus option issue to shareholders.

Monday, February 15, 2016

LME Nickel Prices Drop on Feb 10th

Ferro-Alloys.com]London Metal Exchange (LME) nickel prices settled at US$8,040/ton on February 10th, dropping by US$60/ton from the previous day.

Sunday, February 14, 2016
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