February 2016

MB NON-FERROUS PRICE CHANGES

The following MB non-ferrous free market prices changed on Friday February 12

MINING INDABA: Africa and Asia have never been closer – Noble's Dhar

The import-export link between Africa and Asia is almost impossible to break and the two regions have never been closer, largely thanks to lower freight costs, according to Noble Resources md Neil Dhar.

MINING INDABA: Manganese industry consolidation could start within 18 months – Baker & McKenzie

The manganese industry could start to see consolidation in the next 18 months as producers struggle to survive sharp price declines, according to Morné van der Merwe, partner at law firm Baker & McKenzie.

MINING INDABA: Manganese miners warn against expanding export capacity

South Africa’s manganese miners speaking at the 2016 Investing in African Mining Indaba have warned against creating additional export capacity amid poor market conditions.

MINING INDABA: Hard-hit delegates treated to beer and sympathy

Tough conditions in the mining industry have brought out solidarity among nervous veterans.

MONDAY BRIEF: Infographic for February 8

The infographic for Monday February 8.

MINING INDABA: Manganese ore producer South32 calls for supply-side discipline

South32 ceo Graham Kerr said he expects “challenging” conditions to continue in the manganese markets, as he called for supply-side discipline at the 2016 Investing in African Mining Indaba.

CURRENCY DEPRECIATION – COMMENT: Wide-ranging effects emerge for metals, financing and the trading world

Asia editor Shivani Singh sums up the effects of currency depreciation on trade flows and metals financing in an overview of our ten-article series.

MB NON-FERROUS PRICE CHANGES

The following MB non-ferrous free market prices changed on Friday February 5:

South32 flags $1.7bn charge; cuts manganese output

South32 has flagged charges of $1.7 billion amid weak commodity prices and the miner will cut manganese output in South Africa in response to the decline in ore and alloy prices.