SocGen Says Miners’ Output Costs Have Dropped More than Expected
Miners’ output costs have dropped more than industry consensus due to lower energy prices and weak emerging market currencies, a report by Societe Generale showed, suggesting metals prices have further to fall before miners are forced out of business. |
Panoramic Changes Lanfranchi Plans, Dismisses Staff
Nickel miner Panoramic Resources has suspended mining at its Deacon orebody, within the Lanfranchi operations, in Western Australia, following earlier seismic activity. |
First Quantum Idles Sentinel to Operate Kansanshi at Capacity amid Power Reductions
Nickel output was expected to reach between 32 000t and 40 000t; gold between 218 000 oz and 247 000 oz; zinc between 40 000t and 45 000t; palladium between 20 000 oz and 23000 oz and platinum between 25 000 oz and 35 000 oz. |
Panoramic Misses the Mark in FY2015
Following two separate seismic events in the vicinity of the Deacon orebody, Panoramic was forced to reduce production at Lanfranchi and to reschedule some of the Deacon production into 2016 financial year. |
ERAMET Nickel Results Impacted by Sharp Market downturn in H1 2015
The average LME nickel price in H1 2015 was USD 6.2/lb, down from USD 7.8/lb in H2 2014 and USD 7.5/lb in H1 2014. ERAMET Nickel posted current operating income of -98 million in H1 2015, compared with -27 million in H1 2014. |
Widespread Potential for Additional Mineralization at Tamarack
Talon Metals Corp. ("Talon" or the "Company") (TSX:TLO) is pleased to provide an exploration update on the Tamarack North Nickel-Copper-PGE project ("Tamarack North Project"), as well as the area to the south ("Tamarack South Project"), both located in Minneso... |
Small Australian Miners Suffered from Low Nickel Prices
A 30% slump in nickel prices this year has piled pressure on small Australian miners, forcing some of them to delay new projects and expansions as they wait for the market to recover. |
Indonesia Tend to Launch Its Railway Establishment in Sulawesi Soon
The governor of South Sulawesi Province, Indonesia said that this project should have launched last year postponed by several issues such as location discussion. |
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