Global Nickel demand exceeds production by 60.3 kilo tonsFri, 18 Aug 2017 00:00:00 GMT
Global Nickel market was in deficit during January to June this year, with apparent demand exceeding production by 60.3 kilo tons, according to the latest figures from World Bureau of Metal Statistics.
Glencore Posts Profit In H1 On Higher Prices; Lifts FY Earnings ...Wed, 16 Aug 2017 04:19:03 GMT
The company noted that market sentiment and commodity prices during the prior year's first half ... cobalt climbed 115 percent, and zinc grew 49 percent. Meanwhile, production of Copper declined 9 percent, Lead fell 4 percent and Nickel declined 10 ...
Global Palladium consumption eyes record high as deficit widensWed, 16 Aug 2017 00:00:00 GMT
Palladium did very well in the first half of 2017, with Nornickel stating that the metal was the best performing metal in its core commodities basket, soaring 45% on an annual basis, with price averaging $792 per troy ounce.
Higher commodity prices help boost Glencore earningsThu, 10 Aug 2017 20:19:03 GMT
Glencore's earnings jumped in the first half of the year, due to higher commodity prices and cost cutting measures across ... including copper, cobalt, zinc and nickel.
Glencore Slashes Debt as It Positions for M&A in CommoditiesWed, 09 Aug 2017 20:19:07 GMT
The leverage ratio reached 3 in 2015 after commodities prices tanked. Glencore has already inked some ... including copper, cobalt, zinc and nickel, Glasenberg said. Peter Grauer, the chairman of Bloomberg LP, is a senior independent non-executive ...
How to invest in 24 of the world's most in-demand commodities ...Wed, 09 Aug 2017 20:19:07 GMT
This index can currently contain 24 different commodities, which are then put into groups: Energy (crude oil, ULS diesel, natural gas, unleaded gas), Precious Metals (gold, platinum, silver), Industrial Metals (aluminium, copper, lead, nickel, tin ...
Ukraine: Lugansk miner-strikers receive salaryWed, 09 Aug 2017 00:00:00 GMT
The second largest nickel manufacturer in Russia Ufaleinickel will stop operating. On August 7 the company shareholders voted for the liquidation of the enterprise. According to Ufaleinickel representative Olga Markina, the process will be long. The board of directors is still looking for investors, but so far there have been no agreements. As
Top 3 things to know in Commodity Market todayTue, 08 Aug 2017 00:00:00 GMT
Oil prices are trading higher today as the OPEC meeting enters ... On LME, Copper and Nickel are the losing nearly half a percent each whereas Aluminum and Zinc are trading in green today. Chinese imports of refined copper and products were up 8% in ...
Lonmin Selling Excess Platinum Capacity to Build CapitalTue, 08 Aug 2017 00:00:00 GMT
August 8, 2017 Low nickel prices and a failed legal dispute with Australias Axiom Mining are behind the companys decision.
Ukraine: Zaporizhstal suffering from visa-free regimeMon, 07 Aug 2017 00:00:00 GMT
As part of preparations to launch the Bystrinsky Mining and Processing Plant, Nornickel has completed construction of a modern landfill site for solid waste. Designed to eliminate the plants environmental footprint, it is the only waste disposal site in the Trans-Baikal Territory today that is fully compliant with all sanitary regulations. Nornickel treats environmental protectio
Russia: ZEMZ rolls 306 tons of metal in July 2017Mon, 07 Aug 2017 00:00:00 GMT
Construction of a crane trestle has been completed at the smelting shop of Kola MMC (Nornickel Group). The engineering structure will optimize the operation of hoisting-and-conveying equipment in the shop and avoid scheduled downtime. Three overhead cranes serving shops main aisle are intended for charging materials into converters and casting of converted matte. According to
Cobalt Demand Continues to Rise - PR Newswire (press release)Thu, 03 Aug 2017 00:00:00 GMT
Lundin Mining Corp. (OTC: LUNMF) is a diversified Canadian base metals mining company with operations in Chile, the United States of America, Portugal, and Sweden, primarily producing copper, nickel and zinc. In addition, Lundin Mining holds an ...and more ...
Gold Demand Falls 14 Percent in First Half of 2017Thu, 03 Aug 2017 00:00:00 GMT
August 3, 2017 Nickel remains substantially cheaper than cobalt. Several firms told Reuters - they want to change the ratio of each metal used to reduce the amount of cobalt required in each battery. The current ratio of metals used in lithium-ion batteries is 60 percent nickel, 20 percent cobalt and 20 percent
Industrial Metals Could Lift Commodity ETFs - ETF TrendsWed, 02 Aug 2017 00:00:00 GMT
Industrial metals like copper, nickel, iron and steel have all rebounded in recent months as traders bet on improving global economic conditions would bolster demand for the base metals after prices hit multi-year lows. In recent weeks, the iPath ...and more ...
Capstone posts 2Q profit - Yahoo News UKMon, 31 Jul 2017 00:00:00 GMT
VANCOUVER, British Columbia (AP) Capstone Mining Corp. (CSFFF) on Monday reported second-quarter net income of $12.9 million, after reporting a loss in the same period a year earlier. On a per-share basis, the Vancouver, British Columbia-based... ...
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