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Middle East, Africa mining deal activity increases in second quarter

By: Tasneem Bulbulia     7th August 2020 Overall deal activity in the Middle East and African metals and mining industry increased by 16.7% in the second quarter, data and analytics company GlobalData’s deals database shows. Twenty-eight deals worth $1.44-billion were announced for the region during the quarter, against the last... 

Canada vows to retaliate against US aluminum tariffs

By: Reuters     7th August 2020 If the United States re-imposes some tariffs on Canadian aluminum products, Canada will respond by slapping retaliatory tariffs on US goods, a government source said on Thursday. "We will react very similarly to the last (time they imposed) tariffs," said the source, speaking shortly before... 

The importance of using the correct SEIFSA Price and Index Pages indices in your Contract Price Adjustment

6th August 2020 In order for any business to remain sustainable, it is important to keep track of price escalation trends.  Companies supplying products to buying institutions have to monitor price escalation trends in order to ensure that they are adequately compensated for any price increases and understand... 

Crop nutrients have double potential of coal being exited – Anglo 

By: Martin Creamer     3rd August 2020 Covid-19 notwithstanding, diversified mining company Anglo American will this year be spending the $300-million that it forecast on the Woodsmith polyhalite project in the UK, which gives it entry into the crop nutrients business at a time when fertilising is being hailed a godsend to ease global... 

Silver jumps to 2013 high, gold nears record on virus concerns

By: Bloomberg     22nd July 2020 Silver jumped to the highest in almost seven years and gold continued its march toward a record on expectations more stimulus is needed to help the global economy recover from the coronavirus pandemic. Investors have flocked to the precious metals on surging demand for havens amid a resurgence... 

India’s leading blast hole drill manufacturer enters the African Market

By: Creamer Media Reporter      16th July 2020 Revathi Equipment Limited (REL) is India’s leading manufacturer of high power range of blast hole drills for mining and construction, water well, exploratory drill rigs, and allied products for more than four decades. Founded in 1977 as Revathi CP Equipment limited the Indian Unit of US based... 

BFS affirms 'compelling' opportunity at Crown Mountain

By: Esmarie Iannucci     10th July 2020 A bankable feasibility study (BFS) into the Crown Mountain coking coal project, in British Columbia, has found that the project could produce an average of 1.7-million tonnes a year of saleable coal and 57.5-million tonnes a year run-of-mine coal over a mine life of 15 years. ASX-listed Jameson... 

Third-quarter ferrochrome benchmark price rolls over at $1.14/lb

By: Martin Creamer     6th July 2020 The European benchmark ferrochrome price for the third quarter of 2020 has been settled at $1.14/lb, a rollover from the second quarter of 2020, JSE-listed Merafe Resources advised shareholders on Monday. This price remains an increase of 12.9% on the first-quarter price of $1.01/lb. 

Reopening of economies boosting metals prices 

By: Marleny Arnoldi     3rd July 2020 Since lockdown measures have started to ease around the world to contain Covid-19, ratings and research agency Standard & Poor’s Global (S&P Global) says the reopening of economies, combined with monetary stimulus by banks and governments, has allowed industrial metal prices to rise. However,... 

Get going with galvanizing: new book for engineers from IZA

By: Shannon de Ryhove     3rd July 2020 The International Zinc Association (IZA) will launch its new publication, The Essentials of Galvanizing, during a webinar hosted by Creamer Media Contract Publishing on July 15, 2020. The publication offers the civil engineering and construction industry valuable insights into the importance of... 

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