tight supply of silicon metal existed even until the end of June 2014 in China. Producers said their businesses were hot recently and it was very hard to procure spot silicon metal for export order due to quite tight supply.

Molybdenum prices kept falling on Friday June 27 as “panicking” traders liquidated stocks.

Gabonese State-owned mining company Société Equatoriale des Mines (SEM) and Dubai-based group Navodaya Trading DMCC (NTDMCC) have announced a joint-venture (JV) partnership to explore and develop the manganese deposit in Okondja, in eastern Gabon.

Low capacity utilization of two subsidiaries of State-owned IDCOL (Industrial Development Corporation of Odisha Limited) has resulted in production loss of `134 crore during 2008-2013.

It is reported that Shenzhen GEM High-Tech Co. ,ltd signed a framework agreement June 26th, 2014 to acquire 60% stake in Yangzhou Ningda Noble Metal Co. at tentative price of 312 million yuan ($ 50.61 million).

Tata Steel Ltd’s chromium mine in Odisha must remain shut till 10 July when a case filed by its competitor for redistribution of the mine comes up for its next hearing, according to an Odisha high court order reviewed by Mint.

An Australia-based environmental activist faces the possibility of a two-year prison sentence, in Malaysia, after being arrested while protesting against the world’s largest rare earth refinery.

Production from the first furnace at the Lion ferrochrome complex Phase 2 (Lion II) expansion project, in Limpopo, South Africa, which is owned by the Glencore-Merafe chrome joint venture (JV), started on April 6, 2014.