Category Archives: Metals

Australian nickel refiner seeks more ore from New Caledonia

South_New_Caledonia Nickel Ore

“Queensland Nickel reconfirms its commitment to New Caledonia after spending more than A$1 billion ($734 million)in recent years growing the economy of the Pacific archipelago, and is happy to take increased volumes of its laterite ore,” refinery owner Clive Palmer said in an email to Reuters.

Palmer also said his refinery had confirmed to nickel miner Societe Le Nickel in New Caledonia that it was “ready and willing” to extend its contract for five years.

Read more at: https://uk.finance.yahoo.com/news/australian-nickel-refiner-seeks-more-020400009.html

Coal prices fall to 12-year lows as China, India join demand slowdown

A man stands amidst coal at a factory in Shaoxing, Zhejiang province, April 29, 2014. REUTERS/William Hong/Files

Can Ivan Glasenberg dig Glencore out of trouble this time?

Shares in the commodities trader were worth 530p when it went public in May 2011. Yesterday they touched a new low of 169p.

Read more at: http://www.independent.co.uk/news/business/analysis-and-features/can-ivan-glasenberg-dig-glencore-out-of-trouble-this-time-10459753.html

S.African nickel miners to strike over bonus pay

The powerful South African mining union NUM called for an indefinite strike starting Sunday at the nickel mine in eastern Nkomati over demands for bonus pay.

The action is set to begin at 7:00 pm (1700 GMT) and “will continue indefinitely until the NUM demands are complied with,” the deputy general secretary of the union and chief negotiator William Makgabo Mabapa said in a statement Saturday.

Read more at: https://uk.news.yahoo.com/african-nickel-miners-strike-over-184547537.html#30xIXLs

Oman’s mining sector to attract foreign investment

MUSCAT: Oman’s mining sector foresees notable growth in the next few years, following the discovery of sizeable reserves of minerals, gold, copper and rare earths, which will significantly boost mining activities and attract investment to the Sultanate.

Read more at: http://timesofoman.com/article/65616/Business/Omans-mining-sector-to-attract-foreign-investment

Glencore sells Dominican Republic Nickel mine to American Nickel

Santo Domingo.- Nickel miner Falconbridge Dominicana (Falcondo) on Thur. announced that American Nickel Limited (ANL) acquired 100% of its shares from Glencore Canada Corporation, becoming the Dominican company´s majority stakeholder.

“With the transaction, the property and rights of the other shareholders of Falconbridge are preserved unchanged, including the Dominican Government, who will continue to receive over 50% of the profits,” the company said in a statement.

Read more at: http://www.dominicantoday.com/dr/economy/2015/8/13/56091/Glencore-sells-Dominican-Republic-nickel-mine-to-American-Nickel

Changes announced to Rio Tinto’s management team

10th Aug, 2015

vania
Rio Tinto has announced that Vania Grandi has succeeded Greg Lavallee in the position of General Manager Metallics within the Rio Tinto Iron & Titanium Commercial group. Vania started with the metallics team in August 2014 on the development of RTIT commercial strategy and moved into the General Manager role on April 1st. Previously, Vania had been working in the Copper Product Group where she had senior leadership responsibilities for Marketing, Sales and Sustainable Development.
– See more at: http://www.ipmd.net/news/003458.html#sthash.RJ39FqNZ.dpuf

General Electric To Sell Healthcare Finance Unit To Capital One

General Electric To Sell Healthcare Finance Unit To Capital One

8/11/2015 6:59 PM ET

General Electric Co. Tuesday said it will sell its U.S. healthcare finance unit to Capital One Financial Corp. (in a deal of about $9 billion, as the company streamlines its business to focus more on industrial manufacturing.

http://www.rttnews.com/2539696/general-electric-to-sell-healthcare-finance-unit-to-capital-one.aspx

Graphene nanoribbon finding could lead to faster, more efficient electronics

Graphene nanoribbon finding could lead to faster, more efficient electronics
 

Graphene, an atom-thick material with extraordinary properties, is a promising candidate for the next generation of dramatically faster, more energy-efficient electronics. However, scientists have struggled to fabricate the material into ultra-narrow strips, called nanoribbons, that could enable the use of graphene in high-performance semiconductor electronics.

Now, University of Wisconsin-Madison engineers have discovered a way to grow graphene nanoribbons with desirable semiconducting properties directly on a conventional germanium semiconductor wafer. This breakthrough could allow manufacturers to easily use graphene nanoribbons in hybrid integrated circuits, which promise to significantly boost the performance of next-generation electronic devices.

Read more at: http://phys.org/news/2015-08-graphene-nanoribbon-faster-efficient-electronics.html#jCp

Lanka Graphite starts trading on ASX, targets graphene market

Lanka Graphite, the mineral exploration company, has listed itself on the ASX through a reverse takeover. It will concentrate on the production of high-purity graphite. Photo: Historic picture of mine/Lanka Graphite

Lanka Graphite on Friday commenced trading on the ASX under the ticker LGR, following the completion of the merger of Viculus and Euro Petroleum. The firm holds exploration licences for high-purity graphite sites in Sri Lanka, and hopes to mine it for use in “new graphene technology”. The firm also appointed Jitto Arulampalam as its new Executive Chairman.

Read more at: http://newmaterialsnews.com/graphene-news/lanka-graphite-starts-trading-on-asx-targets-graphene-market

« Older Entries Recent Entries »