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Mining in 2016: Six Reasons to Be Cheerful

In our look back at 2015 we called it mining's annus horribilis.

Tuesday, December 29, 2015

US’s Nickel Scrap Exports Increase in October

According to the United States Department of commerce statistics, in October this year, US imported 2765 tons of nickel scrap,

Friday, December 18, 2015

INSG: Global Nickel Shortage Totals 400 tons in Oct

According to International Nickel Study Group (INSG), shortage in global nickel market was 400 tons in October compared to surplus of 8,500 tons in September.

Friday, December 18, 2015

18 Nickel Producers in China Plan to Cut Output by 80,000t in 2016

[Ferro-Alloys.com] In December 15, representatives from nickel industrial contact group, coupled with domestic nickel producers, held the first nickel commucation conference in Beijing. The proposal released that 11 main ferronickel makers pledged to cut produ...

Thursday, December 17, 2015

Moody’s Warns of ‘Deep and Long’ Commodity Price Downswing

Based on its revised, weaker global growth expectations for 2016, softening demand, the strength of the dollar and continued uncertainty surrounding metal demand in China, Moody’s Investor Service expects base metals prices to remain under pressure to the dow...

Tuesday, December 15, 2015

Glencore Shares Soar as Company Spurts Cash, Reports “Good” China Sales

The share price of Glencore soared more than 14% in Johannesburg after the diversified mining and marketing company told investors it would remain comfortably cash positive at materially lower commodity prices, had $14-billion liquidity headroom, beat its capi...

Tuesday, December 15, 2015

Independence Polishes up Nova Figures

The economics of the Nova nickel project, in Western Australia, have been further improved following an optimisation study. ASX-listed Independence Group reported on Monday that the project’s net present value had increased by 36% compared with the 2014 defin...

Tuesday, December 15, 2015

INSG: Global Nickel Surplus Decreasd to 6800t in October

[Ferro-Alloys.com] In Dec. 15th, The International Nickel Study Group published Tuesday that global nickel surplus shed to 6800t. During the first ten months, global nickel surplus is 67100t, accounting for 4 percent of the annual demand. Nickel oversupply dir...

Tuesday, December 15, 2015
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