Industrial/Specialty Minerals

South32 restructures, flags US$1.7 billion write-down

Source: Daily News | 2016-02-04
The world’s largest producer of manganese is taking a hatchet to supply in an effort to rebalance the market.

Potash faces 'significant headwinds' Macquarie says

Source: Daily News | 2016-02-03
Slow adjustments to potash supply will “prolong the pain of rebalancing,” while “power is shifting to the buyers,” Macquarie Research says.

PotashCorp suspends its newest mine in NB 

Source: Print Archives | 2016-01-27
Potash Corp. of Saskatchewan (TSX: POT; NYSE: POT) is indefinitely suspending its new Picadilly potash mine in New Brunswick to lower its company-wide costs — dismissing roughly 430 workers. 

KWG turns to China for help in Ring of Fire 

Source: Print Archives | 2016-01-27
A railway design and engineering company named China Railway First Survey & Design Institute Group Co. (FSDI) and owned by China Railway Construction, one of China’s three major state-owned rail groups, is teaming with KWG...

TSX drops, Jan 4-8

Source: Daily News | 2016-01-11
Canada’s benchmark index posted a triple-digit loss in the new year. The S&P/TSX Composite Index fell 4.3%, or 564.5 points to 12,445.45, despite a positive jobs report. The S&P/TSX Capped Diversified Metals & Mining Index...

Editorial: Top stories of 2015 

Source: Print Archives | 2015-12-30
Phew, was 2015 a tough year for miners! As we look back and tie a bow around the fourth year of the downturn in commodity prices and the mining sector, we see an industry in defensive mode, spending more time and energy reacting to harsh,...

US stocks slip, Dec. 11-17 

Source: Print Archives | 2015-12-23
U.S. equities closed lower, despite receiving a boost after the Federal Reserve raised interest rates. The Dow Jones Industrial Average fell 0.5% to 17,495.84, while the S&P 500 Index lost 0.5% to close at 2,041.89. The Nasdaq dipped 0.8%...

Patricia Mohr names lithium as one of top picks for 2016

Source: Daily News | 2015-12-21
Most mined commodities declined in price this year, but spot prices in China for lithium carbonate actually increased, rising 15% year-on-year to as high as US$7,500 per tonne, making it one of Patricia Mohr’s top picks for 2016.

Bacanora raises US$13.4M for Mexican lithium project 

Source: Print Archives | 2015-11-25
Just a few months after Bacanora Minerals (TSXV: BCN) and Rare Earth Minerals (LSE: REM) signed a deal with Tesla Motors (NASDAQ: TSLA) to supply the carmaker with lithium hydroxide from their Sonora lithium project in Mexico, the companies...

Aluminum cuts deepest for facilities in US  

Source: Print Archives | 2015-11-18
Alcoa (NYSE: AA) is idling three of its four U.S. aluminum smelters, taking out annual capacity of 500,000 tonnes of aluminum and 1.2 million tonnes of alumina to curb costs, amid low prices.