Depressed market causes company to revert to offshore work

Owing to the depressed market in South Africa, designer and supplier of high-capacity, electric submerged-arc smelting furnaces and complete smelting plants for the production of ferroalloys, base metals, slag cleaning and alloy refining, Tenova...

Iluka sees some price stability

The shareholders of embattled mineral sands miner Iluka have been given hope by MD David Robb’s statement that prices for the company’s zircon products seems to have stabilised. Speaking at the company’s annual general meeting this week, he...

Company Announcement: Engagement of Fox Davies Capital to Undertake Capital Raising

Global Strategic Metals NL is pleased to announce that it has engaged Fox Davies Capital Limited as financial adviser and lead bookrunner in respect of a proposed capital raising by the Company

Colombia coal output slides 21.4% in Q1 – government

Colombia, the world's fourth-largest exporter of coal, said on Wednesday it produced 18.4-million tonnes of coal in the first quarter, a drop of 21.4% from the same quarter last year, due to labour disputes as well as port and rail disruptions....

Nyrstar to say in autumn who gets Glencore part of its zinc sales

Nyrstar, the world's largest zinc producer, will announce this autumn who will get the rights to sell a portion of its output worth an estimated $645-million a year. The deal to sell 350 000 t/y of Nystar's European zinc is up for grabs because...

Platinum market records 375 000 oz deficit in 2012

The global platinum market experienced a deficit of 375 000 oz in 2012, owing to a steep decline in output from South Africa, platinum group metals authority Johnson Matthey’s ‘Platinum 2013’ report has revealed. Published on Monday, the...

Glencore unit hopes to end Trafigura's edge in copper storage

Glencore Xstrata's metals warehouse firm is unhappy the London Metal Exchange (LME) has excluded it from valuable copper storage business in Europe, leaving the field open to rival trader Trafigura, and wants the ban lifted. Firms running...

10/05/2013 (On-The-Air)

South Africa and Botswana are collaborating to boost the export of coal from Southern Africa; South Africa’s new Coal Roadmap process under way places a massive “urgent” sign over securing future coal supplies for Eskom; and The Chamber of...

Yellow metal’s decline causing upset in markets

Gold’s reputation as a safe haven for investment was recently put to the test, with the precious metal’s price tumbling by nearly $200/oz. The Standard & Poor’s/ASX Gold Index dropped by some 24%, while the Standard & Poor’s/TSX Global...

Yellow metal’s decline causing upset in markets

Gold’s reputation as a safe-haven for investment has recently been put to the test with the precious metal’s price tumbling by nearly $200 an ounce. The Standards & Poor /ASX Gold Index dropped by some 24% while the Standards & Poor/TSX Global...

EMED's Spanish project part of a European mining renaissance

Toronto-listed project developer EMED Mining was part of what might very well be a renaissance of European mining, as it was preparing to restart mining at its flagship Rio Tinto copper mine, in Spain’s region of Andalucia. The Europe-focused...

Company Announcement: Chapman Freeborn celebrates 40 years of aircraft chartering

Chapman Freeborn is officially celebrating 40 years of successful aircraft chartering this May