R/€ = 15.88 Change: 0.02
R/$ = 13.45 Change: 0.05
Au 1243.94 $/oz Change: 6.10
Pt 882.41 $/oz Change: 4.91


Vale cuts nickel output but is positive on long-term demand

By: Reuters     7th December 2017 Brazilian miner Vale dialled back its nickel output forecasts for the next five years on Wednesday, although the world's top producer of the metal praised its longer term prospects on likely soaring demand for electric cars. Vale cut its nickel output estimate by 15% to 263 000 t next year and... 

Cliffs blames idling of 2 Minnesota ops on high volume of steel 'dumping' in US

By: Henry Lazenby     18th November 2015 US iron-ore producer Cliffs Natural Resources on Tuesday complained that foreign steel being "dumped" in the US negatively impacted the steel production levels of its domestic customers, which forced it to shutter two Minnesota operations and cut 450 jobs. While the United Taconite operation had... 

Casablanca’s Concalves appointed Cliffs chairperson, president and CEO

By: Henry Lazenby     7th August 2014 US iron-ore and coal producer Cliffs Natural Resources on Thursday reported that its newly reconstituted board had appointed Lourenco Goncalves as chairperson, president and CEO, with immediate effect. Convalves said he would lead Cliffs into “its next chapter, with a keen focus on improving... 


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