Global insight

Gov’t closes 21 mine firms and suspends 7 more

The mining sector was left crippled after the Department of Environment and Natural Resources (DENR) decided to close down more than half of all the mine operations in the country and suspends seven more as the result of the nationwide audit it launched last y...

Friday, February 3, 2017

China Moly to help BHR acquire stake in Congo’s Tenke copper mine: Reuters

[Ferro-Alloys.com]China Molybdenum Co Ltd (CMOC) said on Sunday it had signed an agreement with Chinese private equity firm BHR to support BHR’s acquisition of a 24 percent stake in Democratic Republic of Congo’s massive Tenke copper mine.

Wednesday, January 25, 2017

Tungsten Market Looks to Rebalance in 2017

[Ferro-Alloys.com]Chinese consumption has continued to grow in the face of contracting markets in the rest of the world. The country's tungsten use increased by nearly 8%py between 2008 and 2016, but it was the only main consuming country to record growth, wit...

Tuesday, January 24, 2017

ENR cancels permits for 4 mine firms

:The Philippine government has cancelled the environmental permits for four more mining projects, including one planned nickel venture, as the world’s top nickel ore supplier deepens a months-long crackdown on the resources sector.

Thursday, January 19, 2017

Tungsten Market to Register a Strong Growth by 2022

[Ferro-Alloys.com] Growing end use industries such as automotive industries and increase in the demand of wear resistant materials is anticipated to boost the market of cemented carbide and ultimately will drive the global tungsten market.

Wednesday, January 18, 2017

Plan to Lease Out Pakistan Steel Mills For 45 Years

[Ferro-Alloys.com] As Pakistan Steel Mills (PSM) continues to pile up liabilities, the government is considering leasing the country’s largest industrial complex to a private concern for 45 years under a revenue sharing arrangement, and laying off almost 5,00...

Tuesday, January 17, 2017

Copper and Molybdenum Production at Gibraltar

[Ferro-Alloys.com] VANCOUVER, Jan. 9, 2017 -- Taseko Mines Limited (TKO)(nyse mkt:TGB) ("Taseko" or the "Company") is pleased to announce fourth quarter copper production of 40.7 million pounds and 0.8 million pounds of molybdenum. Total production for the ye...

Tuesday, January 10, 2017

Chinese Steel Companies Out of the Red in Jan-Nov 2016

[Ferro-Alloys.com]BEIJING - China's large and medium-sized steel mills reported profits of 33.15 billion yuan (about $4.77 billion) in the first eleven months of 2016, according to the latest report of the China Iron and Steel Association (CISA).

Thursday, January 5, 2017
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