Nonferrous RSS

  • Cliffs, Noront welcome Ring of Fire initiative Nov 15, 2013

    Cliffs Natural Resources Inc. and Noront Resources Ltd. have praised the Ontario government’s decision to create a development corporation for the Ring of Fire.

  • Avanti awaits Kitsault permits, financing Nov 15, 2013

    Avanti Mining Inc. expects to have permitting for its Kitsault molybdenum mine in northern British Columbia by the end of the year, as the company continues discussions regarding the project’s equity financing.

  • Noranda to cut jobs at NC rolling mill Nov 15, 2013

    Noranda Aluminum Holding Corp. has issued a Worker Adjustment and Retraining Notification (WARN) Act for 58 employees at its rolling mill in Salisbury, N.C.

  • Mercator’s net hit by pricing, output issues Nov 15, 2013

    Mercator Minerals Ltd.’s losses widened in the third quarter as earnings were impacted by lower copper and molybdenum prices, as well as production issues at its Mineral Park Mine in Arizona.

  • Orbite narrows 3d-qtr. loss through cost-cutting efforts Nov 15, 2013

    Orbite Aluminae Inc. trimmed its losses in the third quarter as it slashed three vice president positions and limited exploration and development work in an effort to lower operating costs.

  • Ferroalloy sellers look to limit discounts Nov 15, 2013

    Fixed contract negotiations for ferroalloys have kicked off for 2014, with market participants still predicting a predominance of formula-based deals and sellers trying to limit discounting.

  • Ferrovanadium prices rise on increased spot activity Nov 15, 2013

    Ferrovanadium prices rose slightly this past week as market participants reported an increase in spot activity leading into contract season.

  • First Nickel reports net loss in 3d qtr. Nov 15, 2013

    First Nickel Inc. reported a net loss in the third quarter, due primarily to the impact of gross metal value accounting and lower nickel prices.

  • Ormet looks to sell alumina to Glencore Nov 15, 2013

    Ormet Corp. has inked a pact to sell about 32,000 tonnes of alumina to Glencore Xstrata Plc for $8.44 million.

  • Nichols’ Ala. finishing plant restarts production Nov 15, 2013

    Work has resumed at Nichols Aluminum LLC’s finishing plant in Decatur, Ala., after a fire at the facility early Nov. 14, company president D. Russ Brown said.

  • Midwest aluminum premiums steady Nov 14, 2013

    Midwest aluminum premiums held steady this week despite announced reforms to London Metal Exchange warehouse policies and buyer anticipation that tags should tumble in the coming months.

  • Constellium mulls capacity hike, cites automotive Nov 14, 2013

    Constellium NV wants to add automotive aluminum capacity in the United States as it foresees a "step change" in demand following what it predicts will be the Ford F-150—the top selling pickup truck in the country—becoming a primarily aluminum vehicle.

  • Constellium net dips despite solid aerospace, auto marts Nov 14, 2013

    Constellium NV’s profits narrowed in the third quarter as a weak U.S. dollar dented results despite gains in the aerospace and automotive sectors.

  • Sherritt names Pankratz director Nov 14, 2013

    Sherritt International Corp. has appointed Lisa Pankratz to its board of directors, the nickel miner said Nov. 13.

  • Copper headed for surplus, price fall: Goldman Nov 14, 2013

    Copper is moving into surplus and prices will "grind lower" over the next year, a senior analyst at Goldman Sachs Group Inc. said.

  • US copper contracts for '14 follow Asia, EU Nov 14, 2013

    U.S. physical copper contracts are being offered at an average of 3.5 cents per pound c.i.f., copper market participants told AMM.

  • Rio Tinto seeks US approval on Arizona copper project Nov 14, 2013

    Rio Tinto Plc is seeking approval from U.S. authorities for its Resolution Copper Mining Co. copper project in Superior, Ariz., which could become the largest copper producer in North America, a company executive said Nov. 14.

  • Vale completes construction of Long Harbour nickel plant Nov 13, 2013

    Vale SA has completed mechanical construction at its Long Harbour nickel processing plant in Newfoundland and Labrador, the company confirmed.

  • Great Western ups rare earth project resource estimates Nov 13, 2013

    Canadian rare earths manufacturer Great Western Minerals Group Ltd. has upgraded its estimates on overall mineral resources for its Steenkampskraal development project in South Africa.

  • DLA offers more ferromanganese Nov 13, 2013

    DLA Strategic Materials has offered more than 4,476 short tons of high-carbon ferromanganese as the agency moves to a schedule that sees the material put up for sale on a quarterly basis rather than monthly.

  • Thompson Creek's revenue, net surge Nov 13, 2013

    Thompson Creek Metals Co. Inc. posted higher revenue in the third quarter despite ongoing weakness in molybdenum pricing, while its Mount Milligan copper-gold mine in British Columbia continues to ramp up.

  • Felman’s electricity hearing set for Dec. Nov 13, 2013

    The West Virginia Public Service Commission has scheduled evidentiary hearings for Felman Production LLC’s application for a 10-year special-rate electricity contract for Dec. 9 and Dec. 10 in Charleston, W.Va.

  • Copper premiums could soar 30%: Barclays Nov 13, 2013

    Physical copper premiums could rise as much as 30 percent in 2014 as Chinese financing demand increases, according to a senior analyst at Barclays Capital Plc.

  • BHP suspends nickel mine in Australia hit by earthquake Nov 13, 2013

    BHP Billiton Ltd. has suspended production at its Nickel West Leinster Perseverance underground mine in Western Australia, which was damaged by an earthquake Oct. 31.

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