Nonferrous RSS

  • Augusta allowed to continue ‘poison pill’ plan May 05, 2014

    Augusta Resource Corp. can keep its shareholder rights plan in place unless HudBay Minerals Inc. extends its offer to purchase Augusta shares to July 16, the British Columbia Securities Commission has ruled.

  • Aluminum not priced out of auto market: exec May 05, 2014

    Novelis Inc. lambasted an analyst’s claim that aluminum usage in automotive production is unlikely to exceed steel usage until cost efficiencies improve.

  • DLA sells ferrochrome for $4.5M May 05, 2014

    DLA Strategic Materials sold 2,000 short tons of high-carbon ferrochrome and 706 short tons of low-carbon ferrochrome to seven companies for a combined $4.5 million in April.

  • First Quantum sees mixed results in 1st qtr. May 05, 2014

    First Quantum Minerals Ltd.’s results were mixed in the first quarter.

  • Horsehead smelter nears start-up May 03, 2014

    Horsehead Holding Corp. is expected to begin production at its new Mooresboro, N.C., smelter soon, a company executive told AMM.

  • Zinc premiums remain firm on lack of physical supply May 02, 2014

    Zinc premiums remained muted this past week due to a lack of physical material in the market.

  • Superior’s net dips on higher expenses May 02, 2014

    Superior Industries International Inc.’s net income slipped 2.3 percent to $4.82 million in the first quarter from $4.93 million in the same period last year due in part to increased selling, general and administrative expenses.

  • Ferroalloy market eyes Russia sanctions May 02, 2014

    Ferroalloy market participants are eyeing the possibility of further sanctions against Russia, with some suppliers reporting anxiety in the marketplace as to the potential impact on the supply of commodities such as ferrosilicon.

  • Alcoa chief cancels Russia economic forum trip May 02, 2014

    Alcoa Inc. chief executive officer Klaus Kleinfeld has canceled plans to attend the St. Petersburg International Economic Forum hosted by Russian president Vladimir Putin.

  • HudBay posts loss on unsold copper May 01, 2014

    HudBay Minerals Inc. fell $27.2 million in the red in the first quarter as copper sales fell well short of production.

  • Bonnell boosts Tredegar earnings May 01, 2014

    Tredegar Corp.’s earnings almost doubled in the first quarter as a solid performance by subsidiary Bonnell Aluminum Inc. continued to bolster overall revenue.

  • Alcoa inks deal with Spirit AeroSystems May 01, 2014

    Alcoa Inc. has signed a long-term agreement to supply aluminum sheet to Spirit AeroSystems Inc., the company said May 1.

  • Southern Copper output up, but profits still dip Apr 30, 2014

    Southern Copper Corp.’s copper production jumped in the first quarter, due in part to higher recoveries from its Toquepala and Cuajone mines in Peru and its Buenavista Mine in Mexico.

  • Sherritt swings to loss, but Pathe optimistic Apr 30, 2014

    Sherritt International Corp. posted a first-quarter net loss of Canadian $48.2 million ($43.97 million), despite positive production figures from its Ambatovy Mine in Madagascar and the recent sale of its coal business.

  • Lower prices, sales hurt Lundin earnings Apr 30, 2014

    Lundin Mining Corp. said copper, nickel and lead production "exceeded expectations" in the first quarter.

  • Copper consumer demand strengthens in 2014 Apr 30, 2014

    Lead times for copper products have lengthened this year, with consumer demand showing strength across several end markets.

  • Mercator, Intergeo extend merger deadline Apr 30, 2014

    Mercator Minerals Ltd. and Intergeo MMC Ltd. have extended the deadline for their merger agreement to allow more time for Russian authorities to review the deal, as well as to provide additional interim funding.

  • Victory Nickel amends mine plan Apr 30, 2014

    Victory Nickel Inc. has applied for an amendment to the environmental license for its Minago nickel project in central Manitoba that would relocate the mine’s tailings impoundment "to an area much more suitable than previously proposed," the company said April 30.

  • Sherritt closes sale of coal business to two buyers Apr 29, 2014

    Sherritt International Corp. has completed the sale of its coal business for Canadian $946 million ($863.6 million), the company said April 28.

  • Whitehall begins production at Kentucky extrusion plant Apr 29, 2014

    Whitehall Industries Inc. has started production at its aluminum extrusion manufacturing facility in Paducah, Ky., Whitehall president and chief executive officer Yogen Rahangdale told AMM.

  • Boeing reviewing sanctions set on Russian titanium exec Apr 29, 2014

    Boeing Co. is “reviewing” the impact of the U.S. government’s expanded Ukraine-related sanctions against individual Russians that include a top executive of one of its major titanium suppliers.

  • Ducommun earnings up; wins role on 737 MAX Apr 29, 2014

    Ducommun Inc. has landed a role as "the sole-source supplier for a titanium assembly" on Boeing Co.’s 737 MAX, chairman and chief executive officer Anthony J. Reardon said during a quarterly earnings conference call.

  • Eramet optimistic despite 1st qtr. revenue dip Apr 29, 2014

    Eramet SA remains upbeat that improvement lies ahead for the second quarter despite a 10.4-percent year-on-year drop in revenue to €714 million ($986.2 million) during the first quarter.

  • Ontario pledges $1B to develop Ring of Fire Apr 29, 2014

    Junior miners in the Ring of Fire have praised the Ontario government’s $1-billion commitment "to develop strategic all-season industrial and community transportation infrastructure in the Ring of Fire."

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