Global insight

Glencore Fightback Over Debt Fears Lifts Shares

Glencore said on Tuesday it was strong enough to ride out current volatility in commodity market, helping to lift the mining group’s shares by a fifth.

Wednesday, September 30, 2015

Scotiabank’s Commodity Price Index Plunges to Lowest Level Since 2005

Scotiabank’s Commodity Price Index has plunged by 10.5% month-over-month in August, to 91.3, which placed it 13.9% below the April 2009 bottom during the last recession and the lowest level since early 2005.

Tuesday, September 29, 2015

Gulf Manganese Corporation Takes First Step to Securing Project Land

Gulf Manganese Corporation proposed 53 hectare block of land for its planned manganese smelter in Timor has been officially measured and issued with a Field Map reference catalogue number.

Tuesday, September 29, 2015

Horizonte Acquires Glencore’s Brazil Nickel Project for $8m

Horizonte Minerals said on Monday that it had bought Glencore’s Araguaia nickel project in Brazil for $8-million.

Tuesday, September 29, 2015

Afarak Group Oyj’s Hold Rating Reaffirmed at Investec (AFRK)

Afarak Group Oyj, formerly Ruukki Group Oyj, is a Finland-based company active in the steel sector. The Company’s business comprises two production divisions, FerroAlloys and Speciality Alloys, and a sales and marketing operation, RSC Limited. The

Tuesday, September 29, 2015

Bulk Ferroalloys DOC Sets Duties on Australian SiMn

Late last week, the US Department of Commerce report¬ed preliminary duties on Australian silicomanganese. Last Monday, CRU Ryan's Notes noted that the preliminary duty was levied at 11.93%

Monday, October 19, 2015

Zimasco Targets Cost-Effective Chrome Mining

ZIMASCO says there is need for extensive exploration so more chrome ore bodies can be identified to enable cost-effective mining of the thin chrome ore seams of the Great Dyke.

Monday, September 28, 2015

AFARAK GROUP OYJ’S HOLD RATING REAFFIRMED AT INVESTEC (AFRK)

Chinese chrome smelting company, Afrochine’s Selous smelting plant is failing to reach full production capacity due to feedstock shortages, the company has said. The company is considering increasing production following the recent lifting of a ban on chrome ...

Monday, September 28, 2015
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