2017 March 27
The Philippines' environment ministry has allowed 8 suspended nickel ore mining firms to ship out stockpiles of mined ore, Reuters reported.
2017 March 17
According to China’s National Bureau of Statistics, Chinese Aluminium production gained sharply by 15.6 percent year-on-year to 5.49 million tons during January and February. Chinese Iron ore production shot up by 15.3 percent year-on-year in the first two months to 184.16 million tons.
2017 March 13
United States mines produced 96,400 kilograms of silver during the month of November last year , a 3 percent decrease compared with revised October’s production and a slight increase compared with that in November 2015, as per the latest figures from the U.S. Geological Survey.
2017 March 07
The Krugerrand is the world´s most popular investment coin, an integral element in the investment sector since the coin´s inception. On 3rd July 1967, South African Mint, the State minting institution in Pretoria minted the first Krugerrand, the world´s most traded gold coin.
2017 February 27
Australian gold production reached 298 tons during last year, its highest level since 1999, as higher bullion prices drove mining companies to dig deeper, according to the survey by Australian mining consultancy Surbiton Associates.
2017 February 17
Tianjin, Hebei, Cangzhou and Hengshui have an agglomeration of galvanizers. Large steel tube/pipe plants reported slow sales due to weak demand and environmental protection factor, so they did not reach full operation, SMM said. 50% of galvanizers in Daqiu Village, Tianjin are still restricted as they have yet to complete coal-to-gas switch.
2017 February 16
Global market for refined zinc metal recorded a deficit of 286 kilo ton during last year, as per the latest figures released by the International Lead and Zinc Study Group.
2017 February 13
Indonesia saw the largest gains in Q4 (more than 7t yoy). This was due to the mining of higher grade ore – something of a current industry trend – at Grasberg, which promises to boost Indonesian production further in 2017. Production in Suriname also grew in Q4 (3t yoy), as Newmont’s Merian mine began commercial production in October.
2017 January 18
Aside from macroeconomic issues, Citi looks for these themes to be at the forefront during earnings season: an uptick in projects and exploration activities though companies are likely to be relatively cautious on capital allocation
2017 January 17
Production curtailments in 2016 amongst the top three producers Vale, Rio Tinto and BHP Billiton, along with the Chinese financial stimulus package helped stabilize iron ore prices in the second half of 2016. The same three producers have scaled back their expansion targets for 2017.