Business Movement

Euro Manganese Announces Closing of First Tranche of Private Placement and Grant of Stock Options

Tue, 07 Apr 2020 03:05:00 GMT
Euro Manganese Inc. (TSX-V / ASX: EMN) (the Company or EMN) is pleased to announce the closing of the first tranche of the non-brokered private placement (the Offering) announced on March 24, 2020...
Tags: ManganeseManganese Ore

South Africa's Eskom plans global investor update call - lead manager

Tue, 07 Apr 2020 02:06:00 GMT
South African state utility Eskom is planning a call with global investors on Tuesday, according to a lead manager. The call will be arranged by Absa Bank, Barclays, HSBC and Standard Bank. Earlie...
Tags: None

Anglo commits to R2.4bn weekly spend in SA as prepares ground for post-COVID-19 recovery

Tue, 07 Apr 2020 01:57:00 GMT
ANGLO American set out its plans for supporting employees, communities and business during the COVID-19 pandemic which in South Africa was to spend $125m (R2.4bn) per week on the procurement of se...
Tags: ChromeChrome Ore

Anglo American’s $1.5 Billion Senior Notes Offering

Tue, 07 Apr 2020 01:54:00 GMT
Shearman Sterling advised Anglo American on the deal. Anglo American completed its offering of $750 million 5.375% senior notes due 2025 and $750 million 5.625% senior notes due 2030. The notes we...
Tags: ChromeChrome Ore

Steel companies slash production in view Covid-19 epidemic

Fri, 03 Apr 2020 02:33:00 GMT
The country’s largest public sector steelmaker Steel Authority of India (SAIL) has pruned production by half amid nil demand from both the end-users and traders in view of the Covid-19 epide...
Tags: Steel

Allegheny's A&T Stainless JV to Idle Facility Amid Tariffs

Fri, 03 Apr 2020 02:27:00 GMT
Allegheny Technologies Incorporated’s ATI AT Stainless joint venture (50% ownership interest) intends to idle its Direct Roll Anneal and Pickle (DRAP) operations in Midland, PA, by the end o...
Tags: ZirconZircon Ore

Canada Nickel Company Inc. Announces C$2.5 million Private Placement Financing

Fri, 03 Apr 2020 02:06:00 GMT
Canada Nickel Company Inc. (“Canada Nickel” or the “Company”) (TSX.V: CNC) is pleased to announce that the Company has entered into an agreement with a syndicate of agents ...
Tags: NickelNickel Ore

American Manganese hails work of contractor Kemetco as it produces first nickel-cobalt sulfate product

Fri, 03 Apr 2020 02:00:00 GMT
American Manganese Inc (CVE:AMY) (OTCMKTS:AMYZF) has hailed the work of its contractor, Kemetco Research, which has produced a nickel-cobalt sulfate product at 99.99% purity using the group's ...
Tags: ManganeseManganese Ore

Eskom's De Ruyter: 'I think we'll emerge stronger and more reliable' after lockdown

Fri, 03 Apr 2020 01:45:00 GMT
Eskom chief executive Andre de Ruyter is hopeful that the breather the power utility is experiencing during the coronavirus lockdown may provide a buffer against future bouts of load shedding, he ...
Tags: None

Glencore, Tohoku settle April term thermal coal contracts at $68.75/mt FOB: sources

Fri, 03 Apr 2020 01:32:00 GMT
Japanese power utility Tohoku and Australian coal producer Glencore have agreed on a price of $68.75/mt FOB for 6,322 kcal/kg GAR thermal coal shipments for delivery from this April to next March,...
Tags: ChromeChrome Ore