31 July 2015
The UK-based refractories producer said that its earnings are on course to meet its full year guidance for 2015, but warned that a return to overall growth in the steel market is not expected before 2017. No mention was made of Vesuvius’ failed bid to buy British rival Morgan Advanced Materials, but indications are that market observers have lost interest in the deal.
30 July 2015
Both magnesia-carbon bricks and rare earth oxides recorded high qualification rates when assessed against national quality standards. The tests are designed to improve the overall value of Chinese output of these products and encourage better manufacturing practices and volume control.
28 July 2015
The Canadian explorer has engaged Tipi Mountain to evaluate the impact its project could have on the heritage and environmental character of its site in southeast British Columbia, but anticipates receiving the approvals necessary to commence commercial operations by the end of next year.
27 July 2015
The news that the company is continuing to test thick sections of magnesite at the western zone of its Driftwood Creek property, joins a string of fresh announcements unveiled by the firm this month. It comes as MGX’s CEO tells IM that it has picked its magnesia production plant location and is trying to “close it”.
24 July 2015
The company has consolidated its ownership of the Longworth claims and is aiming to solidify its position in silica in British Columbia as it prepares for the production of ferro silicon to be used to in the manufacture of magnesium alloy and steel.
22 July 2015
The company follows hot on the heels of an update on the lease approval process, suggesting that MGX will avoid the financing and permitting delays that often hamper mining projects in Canada.
15 July 2015
Rather than phosphates and other industrial minerals lowering the miner’s income, price falls for gold and base metals have weighed heavily on Ma’aden’s net profit.
08 July 2015
The junior has received a third pitch to fund its magnesite quarry based near the south of Darwin and is pursuing discussions with the investor. This is a positive signal given that project financing is tight in the mining sector.
07 July 2015
The company is advancing its industrial minerals portfolio and expanding operations in the US, as it makes preparations to begin phase one of an exploration programme at its White Moon magnesite deposit in California.