Glencore Internation (GLCNF) 5.9750 $GLCNF
Australia Base Metals Mining Market Report 2014-2020 - Copper, Nickel, Zinc and Lead Production, Consumption & Trade
M2 - Thu May 22, 9:04AM CDT
Research and Markets (http://www.researchandmarkets.com/research/mtxg5h/base_metals) has announced the addition of the "Base Metals Mining in Australia to 2020" report to their offering. Base Metals Mining in Australia to 2020 provides historical and forecast data on base metals (copper, nickel, zinc and lead) mine production, consumption and trade to 2020, and reserves by geographical region. The report also includes drivers and restraints affecting the industry, profiles of major base metals mining companies, information on the major active, exploration and development projects and regulations governing the industry. The Australian mining industry is of vital importance to the country's economy with a 10.1% share of its GDP in FY 2012-13 and potential for significant employment generation. Further, substantial deposits and geographic proximity to emerging Asian economies augur well for this mining nation. The country produces 19 minerals in significant amounts and according to Geoscience Australia 2014, the nation is the second largest producer of lead and zinc, the fourth largest producer of nickel and the fifth largest producer of copper in the world, together with hosting the world's largest resources of lead, nickel and zinc and the second largest resources of copper. In 2013, Australia's copper mine production was 966,410 tons, nickel mine production was 220,664 tons, zinc mine production was 1.6 million tons (Mt) and lead mine production was 603,340 tons. Key Highlights - The ban imposed on nickel ores and concentrates exports by the Indonesian government is likely to benefit the Australian nickel mining industry. Australian nickel miners have been facing difficulties because of lower nickel prices in recent years. - Continued weakness in prices of base metals has started affecting the development of planned projects in Australia. The base metal industry is facing a downturn as commodity prices are declining and many projects are delayed due to rising input cost. - Australia had the second largest copper reserves in the world next to Chile with 86Mt or around 12.6% of global reserves at the end of 2012, according to the United States Geological Survey (USGS). Australia's Joint Ore Reserves Committee (JORC) compliant reserves were about 25.2Mt and EDR was 91.1Mt at the end of 2012. - Almost 90% of Australia's economic resources of nickel are located in Western Australia followed by New South Wales (5%), Queensland (4%) and Tasmania with less than 1%. Australia is home to the world's largest komatiite-hosted nickel sulphide and lateritic deposits. Key Topics Covered: 1 Executive Summary 2 Base Metal Mining in Australia 3 Copper Mining In Australia - Production, Consumption, Reserves and Trade 4 Nickel Mining in Australia - Production, Consumption, Reserves and Trade 5 Zinc Mining in Australia - Production,Consumption,Reserves and Trade 6 Lead Mining in Australia - Production,Consumption,Reserves and Trade 7 Competitive Landscape 8 Fiscal Regime 9 Appendix Companies Mentioned - China Minmetals Corporation Newmont Mining Corporation - Glencore Xstrata Plc - Hillgrove Resources Ltd - Intec Ltd - MMG Ltd - Panoramic Resources Ltd - Western Areas Ltd For more information visit http://www.researchandmarkets.com/research/mt...ase_metals
Concise Analysis of the International and Chinese Cobalt Industry - Forecasts to 2016
M2 - Mon Mar 31, 6:29AM CDT
Research and Markets (http://www.researchandmarkets.com/research/bq3xph/global_and) has announced the addition of the "Concise Analysis of the International and Chinese Cobalt Industry - Forecasts to 2016" report to their offering. Jinchuan Group International Resources Co. Ltd is the largest producer of cobalt in China, possessing a complete integrated industrial chain of mineral exploration, mining, processing, smelting, refining and chemical engineering. As of the end of 2012, Jinchuan Group had boasted an annual production capacity of 9,100 tons of cobalt, a 50% market share in electrical cobalt market, and a 33% market share in cobalt oxide market. In 2012, Jinchuan Group acquired the South African company Mette Reese, thus adding cobalt mineral resources of 330,000 tons and cobalt metal base reserves of 88,000 tons. Huayou Cobalt Co., Ltd. is the largest manufacturer of cobalt chemicals in China, with comprehensive cobalt production capacity ranking No.2 at home. It has KOLWEZI mine, NYOKA mine, KAMBOVE tailings and other mineral resources in Africa and other regions, with total amount of 31,900 tons of cobalt metal. Key Topics Covered: 1 Cobalt Overview 2 Status Quo of Global Cobalt Market 3 Cobalt Market Development in China 4 China's Import and Export of Cobalt by Product 5 Major Global Cobalt Manufacturers 6 Major Chinese Cobalt Producers 7 Conclusion and Forecast Companies Mentioned: - Beijing Easpring Material Technology (300073) - Freeport - Glencore Xstrata - Huayou Cobalt - Jiangxi Jiangwu Cobalt Co., Ltd - Jiangxi Jiangwu International Nickel and Cobalt New Materials Co.,Ltd - Jiangxi Jiangwu Nickel and Cobalt New Materials Co.,Ltd - Jinchuan Group Co., Ltd. - Nantong Xinwei Nickel Cobalt Technology Development Co., Ltd. - Ramu Nico Management (Mcc) Limited - Shaanxi Huaze Nickel & Cobalt Metal - Shandong Jinling Mining (000655) - Shenzhen Green Eco-manufacture Hi-tech (002340) - Umicore - Vale - Zhejiang Galico Cobalt& Nickel Material Co., Ltd. For more information visit http://www.researchandmarkets.com/research/bq3xph/global_and
Franco-Nevada Announces 2013 Year-End Results, Increases Dividend and Provides Outlook
PR Newswire - Wed Mar 19, 4:58PM CDT
Franco-Nevada Corporation (TSX: FNV); (NYSE: FNV) today reported 2013 year end results realizing 241,402 Gold Equivalent Ounces(3) and $67.0 million in revenue for its oil & gas assets. Net income was $11.7 million, or $0.08 per share, which included after-tax impairment charges of $114.0 million. Adjusted Net Income(1) was $138.3 million, or $0.94 per share, and Adjusted EBITDA(2) was $322.5 million, or $2.20 per share. For the fourth quarter of 2013, Franco-Nevada realized a net loss of $80.6 million, or $0.55 per share, which included after-tax impairment charges of $108.1 million. Adjusted Net Income(1) for the quarter was $30.5 million, or $0.21 per share, and Adjusted EBITDA(2) was $77.3 million, or $0.53 per share.
El Capitan Precious Metals Signs Contracts with Glencore Xstrata for Sale of Iron Ore
Business Wire - Mon Mar 17, 6:15AM CDT
El Capitan Precious Metals, Inc. (OTCBB: ECPN) announced today that the Company has reached an agreement with GlencoreXstrata (GLEN.L) for the purchase of iron ore from the El Capitan mine.
Glencore Xstrata Suffers Weak Commodity Prices in 2013, but Sees Progress Ahead From Projects, an Industrial Info News Alert
Marketwire - Thu Mar 06, 5:30AM CST
Researched by Industrial Info Resources (Sugar Land, Texas) -- In a press release discussing preliminary findings for 2013, executives at mining giant Glencore Xstrata plc (LSE:GLEN) (Baar, Switzerland) stressed the optimistic outlook for many of the company's projects, while acknowledging that falling commodity prices had seriously affected performance during the year. Industrial Info is tracking more than $30 billion in active projects involving Glencore.
Global Cobalt Market 2014-2018: Global Cobalt Market Facing Supply Pressures to Drive Cobalt Prices Higher in Coming Years
M2 - Mon Feb 24, 10:21AM CST
Research and Markets (http://www.researchandmarkets.com/research/rk9vgq/global_cobalt) has announced the addition of the "Global Cobalt Market 2014-2018" report to their offering. The analysts forecast the Global Cobalt market to grow at a CAGR of 6.05 percent over the period 2013-2018. One of the key factors contributing to this market growth is the increased demand for cobalt from the Battery Chemicals industry. The Global Cobalt market has also been witnessing the supply constraints of cobalt leading to high prices. However, the cobalt supply challenges could pose a challenge to the growth of this market. Key vendors dominating this space are Glencore Xstrata plc, Freeport-McMoRan Copper & Gold Inc., Open Joint Stock Company Mining and Metallurgical Company Norilsk Nickel, Sherritt International Corp., and Umicore S.A. Other vendors mentioned in the report are BHP Billiton plc, Chambishi Metals plc, Formation Metals Inc., and Vale S.A. Commenting on the report, an analyst from the team said: The Global Cobalt market is experiencing supply challenges as a result of issues principally in the DRC, such as the government's ban on the export of raw minerals, project ownership grabs, power and water shortages, armed conflicts, and general political and socio-economic instability in the West African region. The supply side of cobalt is shrinking while the demand for the metal is increasing, which is leading to higher prices for cobalt in the market. Due to the lack of reliability of the supply from the DRC and limited inventories, the Global Cobalt market is facing supply pressures which will drive cobalt prices higher in the coming years. According to the report, one of the key drivers in this market is the increased demand for cobalt from the Battery Chemicals industry for the production of rechargeable and recyclable batteries. Since cobalt is a strategic metal, another key driver is the increased use of cobalt in various industries and sectors such as Battery Chemicals, Superalloys, Renewable Energy, Healthcare, Defense, and Catalysts. For more information visit http://www.researchandmarkets.com/research/rk...bal_cobalt About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Global Platinum Group Metals Market 2014-2018: One of the Major Drivers is the Increasing Usage of PGM in the Automobile Sector
M2 - Mon Feb 17, 6:58AM CST
Research and Markets (http://www.researchandmarkets.com/research/rq9j4f/global_platinum) has announced the addition of the "Global Platinum Group Metals Market 2014-2018" report to their offering. The analysts forecast the Global Platinum Group Metals market to grow at a CAGR of 4.29 percent over the period 2013-2018. One of the key factors contributing to this market growth is the increased use of PGMs in Automotive sector. The Global PGM market has also been witnessing the increasing vehicle production worldwide. However, the supply constraints could pose a challenge to the growth of this market. Key vendors dominating this space are Anglo American Platinum Ltd., JSC MMC Norilsk Nickel, Lonmin plc, Stillwater Mining Co., and Impala Platinum Holdings Ltd. Other vendors mentioned in the report are African Rainbow Minerals Ltd. (ARM), Glencore Xstrata plc, Eastern Platinum Ltd., and North American Palladium Ltd. Commenting on the report, an analyst from the team said: The increasing vehicle production worldwide, especially that expected to take place in Asia in the coming years, presents a huge opportunity for the usage of PGM in the Automobile sector. The sharp rise in the number of vehicles will lead to the implementation of stringent emission standards for diesel vehicles, particularly in the Commercial Vehicle segment, thereby resulting in the rising consumption of autocatalysts to control vehicular emissions. Also, the electronic and safety systems that improve automobile reliability make use of the physical properties of PGM such as conductivity, stability, and durability. PGM are also used in the Automobile sector in fuel cells, antilock breaking systems, air bag initiators, and spark plugs. Hence, the booming Automobile sector and the increased usage of PGM in automobiles are expected to propel the growth of the market during the forecast period. According to the report, one of the major drivers in this market is the increasing usage of PGM in the Automobile sector. PGM play a significant role in making modern cars efficient and safe. Eco-friendly innovations such as fuel cells and catalytic converters would not be possible without PGM. For more information visit http://www.researchandmarkets.com/research/rq...l_platinum About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Global and Chinese Cobalt Industry Report, 2013-2016
M2 - Tue Jan 14, 3:56AM CST
Research and Markets (http://www.researchandmarkets.com/research/4wts5v/global_and) has announced the addition of the "Global and Chinese Cobalt Industry Report, 2013-2016" report to their offering. Affected by the global economic downturn and the slowdown in economic growth of China, in 2012, the growth rate of global output of cobalt fell sharply, with annual output of 110,000 tons, up by merely 0.9% year on year; the output of refined cobalt also declined dramatically, down 6.1 % year on year to 77,200 tons. In 2013, the global cobalt market rallied slightly, but it was still not optimistic as a whole, it is expected that annual output of cobalt in 2013 will show a year-on-year rise of about 3.6%. China lacks of cobalt ore resources, with the total proven reserves of cobalt approximating 80,000 tons, accounting for just 1% of global total, and the vast majority of proven resources are associated ore, whereas independent mineralized cobalt ore occupies only 4.7 % of the reserves in China. Known cobalt ores in China are mainly distributed in Gansu province which makes up 30.5% of China's cobalt reserves. China is a big consumer of cobalt, which is primarily utilized in downstream sectors to produce battery, hard alloy, magnetic materials and other products. In 2012, cobalt used in batteries takes up 67% of total consumption of cobalt in China, up 4 percentage points from a year earlier. The "Global and China Cobalt Industry Report, 2013-2016" focuses on the analysis of operating conditions and cobalt business development of 4 global and 12 Chinese companies based on the analysis of global and China's cobalt mineral resources, policies, market supply and demand, price and competitive pattern. Key Topics Covered 1 Cobalt Overview 1.1 Definitions 1.2 Industry Chain 2 Status Quo of Global Cobalt Market 2.1 Cobalt Ore Reserves 2.2 Market Supply 2.3 Market Demand 2.4 Regional Distribution 2.5 Price 2.6 Competition Pattern 3 Cobalt Market Development in China 3.1 Policy 3.2 Cobalt Ore Resources 3.3 Market Supply and Demand 3.4 Competition Pattern 4 China's Import and Export of Cobalt by Product 4.1 Cobalt Ores and Concentrates 4.2 Cobaltosic Oxide 4.3 Cobalt Chloride 4.4 Cobalt Carbonate 4.5 Cobalt Nitrate 4.6 Cobalt Oxalate 5 Major Global Cobalt Manufacturers 6 Major Chinese Cobalt Producers 7 Conclusion and Forecast 7.1 Conclusion 7.2 Forecast Companies Mentioned - Beijing Easpring Material Technology (300073) - Freeport - Glencore Xstrata - Huayou Cobalt - Jiangxi Jiangwu Cobalt - Jiangxi Jiangwu International Nickel and Cobalt New Materials - Jiangxi Jiangwu Nickel and Cobalt New Materials - Jinchuan Group - Nantong Xinwei Nickel Cobalt Technology Development - Ramu Nico Management (Mcc) - Shaanxi Huaze Nickel & Cobalt Metal - Shandong Jinling Mining (000655) - Shenzhen Green Eco-manufacture Hi-tech (002340) - Umicore - Vale - Zhejiang Galico Cobalt& Nickel Material For more information visit http://www.researchandmarkets.com/research/4wts5v/global_and About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products.
Post Holdings signs agreement to acquire Dakota Growers Pasta Company for USD370m in cash
M2 - Tue Sep 17, 6:17AM CDT
Provider of food products Post Holdings Inc (NYSE
OST) announced on Monday the signing of a definitive agreement to acquire Dakota Growers Pasta Company Inc, a producer of pasta, from Viterra Inc, a wholly-owned subsidiary of Glencore Xstrata plc (LSE:GLEN.L).
Sale of Dakota Growers Pasta to Post Holdings
M2 - Mon Sep 16, 10:20AM CDT
Glencore Xstrata plc (Glencore) confirms that it has entered into an agreement to sell the Dakota Growers Pasta Company (Dakota Growers) to Post Holdings, Inc (Post) for $370 million in cash to be paid at the time of closing.
Post Holdings to Acquire Dakota Growers Pasta Company
PR Newswire - Mon Sep 16, 8:15AM CDT
Post Holdings, Inc. (NYSE OST) today announced it has signed a definitive agreement to acquire Dakota Growers Pasta Company, Inc. ("Dakota Growers"
from Viterra Inc., a wholly-owned subsidiary of Glencore Xstrata plc.
Zanaga Iron Ore Project advances on Staged Development basis
M2 - Fri Sep 13, 3:38AM CDT
Baar, Switzerland & London, England Zanaga Iron Ore Project advances on Staged Development basis Glencore Xstrata (Glencore) and Zanaga Iron Ore Company ("ZIOC" (AIM:ZIOC) are pleased to announce a revised scope for the Zanaga Iron Ore Project (the Project), changed budgetary arrangements and the commencement of efforts to finance possible project implementation.
Glencore Xstrata - Investor Day
M2 - Tue Sep 10, 3:20AM CDT
Baar, Switzerland Investor Day Today, Glencore Xstrata plc (Glencore) is hosting an investor day in London which will provide a detailed update on the progress of the integration, initial results of the portfolio review, synergies identified and approach to capital allocation.
Donner Forfeits Interest in Bracemac-Mcleod
Marketwire - Tue Sep 03, 8:02AM CDT
Donner Metals Ltd. (TSX VENTURE: DON)(FRANKFURT: D4M) ("Donner" or the "Company" reports that, as a result of an uncured default under the Metal Purchase Agreement (the "Metal Purchase Agreement" dated July 12, 2011, entered into by Donner, Sandstorm Metals & Energy Ltd. ("Sandstorm Metals Parent" , Sandstorm Metals & Energy (Canada) Ltd. ("Sandstorm Metals" and Sandstorm Gold Ltd. ("Sandstorm Gold" , Donner forfeited its interest in the Bracemac-McLeod mine and mine property area ("Bracemac-McLeod" located in Matagami, Quebec and operated by a subsidiary of Glencore Xstrata plc ("Glencore" .
Sandstorm Metals & Energy Converts Bracemac-McLeod Stream Into 3% NSR Royalty
CNW Group - Tue Sep 03, 8:00AM CDT
Sandstorm Metals & Energy Ltd. ("Sandstorm Metals" or the "Company" (TSX-V: SND) is pleased to announce that it has converted its copper stream (the "Copper Stream" along with Sandstorm Gold Ltd.'s ("Sandstorm Gold" gold stream (the "Gold Stream" on the Bracemac-McLeod Mine ("Bracemac-McLeod" into a 3% net smelter returns royalty ("NSR" based on 100% of production from Bracemac-McLeod. Bracemac-McLeod is located in Matagami, Quebec and is owned and operated by a subsidiary of Glencore Xstrata plc ("Glencore" . The 3% NSR will be split between Sandstorm Metals and Sandstorm Gold (together "Sandstorm" based on the respective funds contributed to Donner Metals Ltd. ("Donner" in relation to the Copper Stream and Gold Stream, resulting in Sandstorm Metals receiving 80% of the proceeds from the 3% NSR (equivalent to a 2.4% NSR) and Sandstorm Gold receiving 20% of the proceeds from the 3% NSR (equivalent to a 0.6% NSR).
Glencore Xstrata - 2013 Half-Year Production Report
M2 - Wed Aug 14, 2:41AM CDT
Following completion of the Glencore Xstrata merger on 2 May 2013, production information for H1 2013 and H1 2012 has been presented on a combined basis.
Donner Metals Ltd.: Bracemac-McLeod Interest
Marketwire - Tue Aug 13, 7:04AM CDT
Donner Metals Ltd. ("Donner" or the "Company" (TSX VENTURE: DON)(FRANKFURT: D4M) (reports that, on August 12, 2013, it failed to make a cash call in the amount of $4.3 million under the Development and Operating Agreement (the "Development Agreement" dated as of July 12, 2011 by and between Glencore Xstrata plc, formerly Xstrata Canada Corporation - Xstrata Zinc Canada Division ("Glencore" and Donner.
Australia Base Metals Mining Market Report 2014-2020 - Copper, Nickel, Zinc and Lead Production, Consumption & Trade
M2 - Thu May 22, 9:04AM CDT
Research and Markets (http://www.researchandmarkets.com/research/mtxg5h/base_metals) has announced the addition of the "Base Metals Mining in Australia to 2020" report to their offering. Base Metals Mining in Australia to 2020 provides historical and forecast data on base metals (copper, nickel, zinc and lead) mine production, consumption and trade to 2020, and reserves by geographical region. The report also includes drivers and restraints affecting the industry, profiles of major base metals mining companies, information on the major active, exploration and development projects and regulations governing the industry. The Australian mining industry is of vital importance to the country's economy with a 10.1% share of its GDP in FY 2012-13 and potential for significant employment generation. Further, substantial deposits and geographic proximity to emerging Asian economies augur well for this mining nation. The country produces 19 minerals in significant amounts and according to Geoscience Australia 2014, the nation is the second largest producer of lead and zinc, the fourth largest producer of nickel and the fifth largest producer of copper in the world, together with hosting the world's largest resources of lead, nickel and zinc and the second largest resources of copper. In 2013, Australia's copper mine production was 966,410 tons, nickel mine production was 220,664 tons, zinc mine production was 1.6 million tons (Mt) and lead mine production was 603,340 tons. Key Highlights - The ban imposed on nickel ores and concentrates exports by the Indonesian government is likely to benefit the Australian nickel mining industry. Australian nickel miners have been facing difficulties because of lower nickel prices in recent years. - Continued weakness in prices of base metals has started affecting the development of planned projects in Australia. The base metal industry is facing a downturn as commodity prices are declining and many projects are delayed due to rising input cost. - Australia had the second largest copper reserves in the world next to Chile with 86Mt or around 12.6% of global reserves at the end of 2012, according to the United States Geological Survey (USGS). Australia's Joint Ore Reserves Committee (JORC) compliant reserves were about 25.2Mt and EDR was 91.1Mt at the end of 2012. - Almost 90% of Australia's economic resources of nickel are located in Western Australia followed by New South Wales (5%), Queensland (4%) and Tasmania with less than 1%. Australia is home to the world's largest komatiite-hosted nickel sulphide and lateritic deposits. Key Topics Covered: 1 Executive Summary 2 Base Metal Mining in Australia 3 Copper Mining In Australia - Production, Consumption, Reserves and Trade 4 Nickel Mining in Australia - Production, Consumption, Reserves and Trade 5 Zinc Mining in Australia - Production,Consumption,Reserves and Trade 6 Lead Mining in Australia - Production,Consumption,Reserves and Trade 7 Competitive Landscape 8 Fiscal Regime 9 Appendix Companies Mentioned - China Minmetals Corporation Newmont Mining Corporation - Glencore Xstrata Plc - Hillgrove Resources Ltd - Intec Ltd - MMG Ltd - Panoramic Resources Ltd - Western Areas Ltd For more information visit http://www.researchandmarkets.com/research/mt...ase_metals
Concise Analysis of the International and Chinese Cobalt Industry - Forecasts to 2016
M2 - Mon Mar 31, 6:29AM CDT
Research and Markets (http://www.researchandmarkets.com/research/bq3xph/global_and) has announced the addition of the "Concise Analysis of the International and Chinese Cobalt Industry - Forecasts to 2016" report to their offering. Jinchuan Group International Resources Co. Ltd is the largest producer of cobalt in China, possessing a complete integrated industrial chain of mineral exploration, mining, processing, smelting, refining and chemical engineering. As of the end of 2012, Jinchuan Group had boasted an annual production capacity of 9,100 tons of cobalt, a 50% market share in electrical cobalt market, and a 33% market share in cobalt oxide market. In 2012, Jinchuan Group acquired the South African company Mette Reese, thus adding cobalt mineral resources of 330,000 tons and cobalt metal base reserves of 88,000 tons. Huayou Cobalt Co., Ltd. is the largest manufacturer of cobalt chemicals in China, with comprehensive cobalt production capacity ranking No.2 at home. It has KOLWEZI mine, NYOKA mine, KAMBOVE tailings and other mineral resources in Africa and other regions, with total amount of 31,900 tons of cobalt metal. Key Topics Covered: 1 Cobalt Overview 2 Status Quo of Global Cobalt Market 3 Cobalt Market Development in China 4 China's Import and Export of Cobalt by Product 5 Major Global Cobalt Manufacturers 6 Major Chinese Cobalt Producers 7 Conclusion and Forecast Companies Mentioned: - Beijing Easpring Material Technology (300073) - Freeport - Glencore Xstrata - Huayou Cobalt - Jiangxi Jiangwu Cobalt Co., Ltd - Jiangxi Jiangwu International Nickel and Cobalt New Materials Co.,Ltd - Jiangxi Jiangwu Nickel and Cobalt New Materials Co.,Ltd - Jinchuan Group Co., Ltd. - Nantong Xinwei Nickel Cobalt Technology Development Co., Ltd. - Ramu Nico Management (Mcc) Limited - Shaanxi Huaze Nickel & Cobalt Metal - Shandong Jinling Mining (000655) - Shenzhen Green Eco-manufacture Hi-tech (002340) - Umicore - Vale - Zhejiang Galico Cobalt& Nickel Material Co., Ltd. For more information visit http://www.researchandmarkets.com/research/bq3xph/global_and
Franco-Nevada Announces 2013 Year-End Results, Increases Dividend and Provides Outlook
PR Newswire - Wed Mar 19, 4:58PM CDT
Franco-Nevada Corporation (TSX: FNV); (NYSE: FNV) today reported 2013 year end results realizing 241,402 Gold Equivalent Ounces(3) and $67.0 million in revenue for its oil & gas assets. Net income was $11.7 million, or $0.08 per share, which included after-tax impairment charges of $114.0 million. Adjusted Net Income(1) was $138.3 million, or $0.94 per share, and Adjusted EBITDA(2) was $322.5 million, or $2.20 per share. For the fourth quarter of 2013, Franco-Nevada realized a net loss of $80.6 million, or $0.55 per share, which included after-tax impairment charges of $108.1 million. Adjusted Net Income(1) for the quarter was $30.5 million, or $0.21 per share, and Adjusted EBITDA(2) was $77.3 million, or $0.53 per share.
El Capitan Precious Metals Signs Contracts with Glencore Xstrata for Sale of Iron Ore
Business Wire - Mon Mar 17, 6:15AM CDT
El Capitan Precious Metals, Inc. (OTCBB: ECPN) announced today that the Company has reached an agreement with GlencoreXstrata (GLEN.L) for the purchase of iron ore from the El Capitan mine.
Glencore Xstrata Suffers Weak Commodity Prices in 2013, but Sees Progress Ahead From Projects, an Industrial Info News Alert
Marketwire - Thu Mar 06, 5:30AM CST
Researched by Industrial Info Resources (Sugar Land, Texas) -- In a press release discussing preliminary findings for 2013, executives at mining giant Glencore Xstrata plc (LSE:GLEN) (Baar, Switzerland) stressed the optimistic outlook for many of the company's projects, while acknowledging that falling commodity prices had seriously affected performance during the year. Industrial Info is tracking more than $30 billion in active projects involving Glencore.
Global Cobalt Market 2014-2018: Global Cobalt Market Facing Supply Pressures to Drive Cobalt Prices Higher in Coming Years
M2 - Mon Feb 24, 10:21AM CST
Research and Markets (http://www.researchandmarkets.com/research/rk9vgq/global_cobalt) has announced the addition of the "Global Cobalt Market 2014-2018" report to their offering. The analysts forecast the Global Cobalt market to grow at a CAGR of 6.05 percent over the period 2013-2018. One of the key factors contributing to this market growth is the increased demand for cobalt from the Battery Chemicals industry. The Global Cobalt market has also been witnessing the supply constraints of cobalt leading to high prices. However, the cobalt supply challenges could pose a challenge to the growth of this market. Key vendors dominating this space are Glencore Xstrata plc, Freeport-McMoRan Copper & Gold Inc., Open Joint Stock Company Mining and Metallurgical Company Norilsk Nickel, Sherritt International Corp., and Umicore S.A. Other vendors mentioned in the report are BHP Billiton plc, Chambishi Metals plc, Formation Metals Inc., and Vale S.A. Commenting on the report, an analyst from the team said: The Global Cobalt market is experiencing supply challenges as a result of issues principally in the DRC, such as the government's ban on the export of raw minerals, project ownership grabs, power and water shortages, armed conflicts, and general political and socio-economic instability in the West African region. The supply side of cobalt is shrinking while the demand for the metal is increasing, which is leading to higher prices for cobalt in the market. Due to the lack of reliability of the supply from the DRC and limited inventories, the Global Cobalt market is facing supply pressures which will drive cobalt prices higher in the coming years. According to the report, one of the key drivers in this market is the increased demand for cobalt from the Battery Chemicals industry for the production of rechargeable and recyclable batteries. Since cobalt is a strategic metal, another key driver is the increased use of cobalt in various industries and sectors such as Battery Chemicals, Superalloys, Renewable Energy, Healthcare, Defense, and Catalysts. For more information visit http://www.researchandmarkets.com/research/rk...bal_cobalt About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Global Platinum Group Metals Market 2014-2018: One of the Major Drivers is the Increasing Usage of PGM in the Automobile Sector
M2 - Mon Feb 17, 6:58AM CST
Research and Markets (http://www.researchandmarkets.com/research/rq9j4f/global_platinum) has announced the addition of the "Global Platinum Group Metals Market 2014-2018" report to their offering. The analysts forecast the Global Platinum Group Metals market to grow at a CAGR of 4.29 percent over the period 2013-2018. One of the key factors contributing to this market growth is the increased use of PGMs in Automotive sector. The Global PGM market has also been witnessing the increasing vehicle production worldwide. However, the supply constraints could pose a challenge to the growth of this market. Key vendors dominating this space are Anglo American Platinum Ltd., JSC MMC Norilsk Nickel, Lonmin plc, Stillwater Mining Co., and Impala Platinum Holdings Ltd. Other vendors mentioned in the report are African Rainbow Minerals Ltd. (ARM), Glencore Xstrata plc, Eastern Platinum Ltd., and North American Palladium Ltd. Commenting on the report, an analyst from the team said: The increasing vehicle production worldwide, especially that expected to take place in Asia in the coming years, presents a huge opportunity for the usage of PGM in the Automobile sector. The sharp rise in the number of vehicles will lead to the implementation of stringent emission standards for diesel vehicles, particularly in the Commercial Vehicle segment, thereby resulting in the rising consumption of autocatalysts to control vehicular emissions. Also, the electronic and safety systems that improve automobile reliability make use of the physical properties of PGM such as conductivity, stability, and durability. PGM are also used in the Automobile sector in fuel cells, antilock breaking systems, air bag initiators, and spark plugs. Hence, the booming Automobile sector and the increased usage of PGM in automobiles are expected to propel the growth of the market during the forecast period. According to the report, one of the major drivers in this market is the increasing usage of PGM in the Automobile sector. PGM play a significant role in making modern cars efficient and safe. Eco-friendly innovations such as fuel cells and catalytic converters would not be possible without PGM. For more information visit http://www.researchandmarkets.com/research/rq...l_platinum About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Global and Chinese Cobalt Industry Report, 2013-2016
M2 - Tue Jan 14, 3:56AM CST
Research and Markets (http://www.researchandmarkets.com/research/4wts5v/global_and) has announced the addition of the "Global and Chinese Cobalt Industry Report, 2013-2016" report to their offering. Affected by the global economic downturn and the slowdown in economic growth of China, in 2012, the growth rate of global output of cobalt fell sharply, with annual output of 110,000 tons, up by merely 0.9% year on year; the output of refined cobalt also declined dramatically, down 6.1 % year on year to 77,200 tons. In 2013, the global cobalt market rallied slightly, but it was still not optimistic as a whole, it is expected that annual output of cobalt in 2013 will show a year-on-year rise of about 3.6%. China lacks of cobalt ore resources, with the total proven reserves of cobalt approximating 80,000 tons, accounting for just 1% of global total, and the vast majority of proven resources are associated ore, whereas independent mineralized cobalt ore occupies only 4.7 % of the reserves in China. Known cobalt ores in China are mainly distributed in Gansu province which makes up 30.5% of China's cobalt reserves. China is a big consumer of cobalt, which is primarily utilized in downstream sectors to produce battery, hard alloy, magnetic materials and other products. In 2012, cobalt used in batteries takes up 67% of total consumption of cobalt in China, up 4 percentage points from a year earlier. The "Global and China Cobalt Industry Report, 2013-2016" focuses on the analysis of operating conditions and cobalt business development of 4 global and 12 Chinese companies based on the analysis of global and China's cobalt mineral resources, policies, market supply and demand, price and competitive pattern. Key Topics Covered 1 Cobalt Overview 1.1 Definitions 1.2 Industry Chain 2 Status Quo of Global Cobalt Market 2.1 Cobalt Ore Reserves 2.2 Market Supply 2.3 Market Demand 2.4 Regional Distribution 2.5 Price 2.6 Competition Pattern 3 Cobalt Market Development in China 3.1 Policy 3.2 Cobalt Ore Resources 3.3 Market Supply and Demand 3.4 Competition Pattern 4 China's Import and Export of Cobalt by Product 4.1 Cobalt Ores and Concentrates 4.2 Cobaltosic Oxide 4.3 Cobalt Chloride 4.4 Cobalt Carbonate 4.5 Cobalt Nitrate 4.6 Cobalt Oxalate 5 Major Global Cobalt Manufacturers 6 Major Chinese Cobalt Producers 7 Conclusion and Forecast 7.1 Conclusion 7.2 Forecast Companies Mentioned - Beijing Easpring Material Technology (300073) - Freeport - Glencore Xstrata - Huayou Cobalt - Jiangxi Jiangwu Cobalt - Jiangxi Jiangwu International Nickel and Cobalt New Materials - Jiangxi Jiangwu Nickel and Cobalt New Materials - Jinchuan Group - Nantong Xinwei Nickel Cobalt Technology Development - Ramu Nico Management (Mcc) - Shaanxi Huaze Nickel & Cobalt Metal - Shandong Jinling Mining (000655) - Shenzhen Green Eco-manufacture Hi-tech (002340) - Umicore - Vale - Zhejiang Galico Cobalt& Nickel Material For more information visit http://www.researchandmarkets.com/research/4wts5v/global_and About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products.
Post Holdings signs agreement to acquire Dakota Growers Pasta Company for USD370m in cash
M2 - Tue Sep 17, 6:17AM CDT
Provider of food products Post Holdings Inc (NYSE
OST) announced on Monday the signing of a definitive agreement to acquire Dakota Growers Pasta Company Inc, a producer of pasta, from Viterra Inc, a wholly-owned subsidiary of Glencore Xstrata plc (LSE:GLEN.L). Sale of Dakota Growers Pasta to Post Holdings
M2 - Mon Sep 16, 10:20AM CDT
Glencore Xstrata plc (Glencore) confirms that it has entered into an agreement to sell the Dakota Growers Pasta Company (Dakota Growers) to Post Holdings, Inc (Post) for $370 million in cash to be paid at the time of closing.
Post Holdings to Acquire Dakota Growers Pasta Company
PR Newswire - Mon Sep 16, 8:15AM CDT
Post Holdings, Inc. (NYSE
OST) today announced it has signed a definitive agreement to acquire Dakota Growers Pasta Company, Inc. ("Dakota Growers" from Viterra Inc., a wholly-owned subsidiary of Glencore Xstrata plc. Zanaga Iron Ore Project advances on Staged Development basis
M2 - Fri Sep 13, 3:38AM CDT
Baar, Switzerland & London, England Zanaga Iron Ore Project advances on Staged Development basis Glencore Xstrata (Glencore) and Zanaga Iron Ore Company ("ZIOC"
(AIM:ZIOC) are pleased to announce a revised scope for the Zanaga Iron Ore Project (the Project), changed budgetary arrangements and the commencement of efforts to finance possible project implementation. Glencore Xstrata - Investor Day
M2 - Tue Sep 10, 3:20AM CDT
Baar, Switzerland Investor Day Today, Glencore Xstrata plc (Glencore) is hosting an investor day in London which will provide a detailed update on the progress of the integration, initial results of the portfolio review, synergies identified and approach to capital allocation.
Donner Forfeits Interest in Bracemac-Mcleod
Marketwire - Tue Sep 03, 8:02AM CDT
Donner Metals Ltd. (TSX VENTURE: DON)(FRANKFURT: D4M) ("Donner" or the "Company"
reports that, as a result of an uncured default under the Metal Purchase Agreement (the "Metal Purchase Agreement" dated July 12, 2011, entered into by Donner, Sandstorm Metals & Energy Ltd. ("Sandstorm Metals Parent" , Sandstorm Metals & Energy (Canada) Ltd. ("Sandstorm Metals" and Sandstorm Gold Ltd. ("Sandstorm Gold" , Donner forfeited its interest in the Bracemac-McLeod mine and mine property area ("Bracemac-McLeod" located in Matagami, Quebec and operated by a subsidiary of Glencore Xstrata plc ("Glencore" . Sandstorm Metals & Energy Converts Bracemac-McLeod Stream Into 3% NSR Royalty
CNW Group - Tue Sep 03, 8:00AM CDT
Sandstorm Metals & Energy Ltd. ("Sandstorm Metals" or the "Company"
(TSX-V: SND) is pleased to announce that it has converted its copper stream (the "Copper Stream" along with Sandstorm Gold Ltd.'s ("Sandstorm Gold" gold stream (the "Gold Stream" on the Bracemac-McLeod Mine ("Bracemac-McLeod" into a 3% net smelter returns royalty ("NSR" based on 100% of production from Bracemac-McLeod. Bracemac-McLeod is located in Matagami, Quebec and is owned and operated by a subsidiary of Glencore Xstrata plc ("Glencore" . The 3% NSR will be split between Sandstorm Metals and Sandstorm Gold (together "Sandstorm" based on the respective funds contributed to Donner Metals Ltd. ("Donner" in relation to the Copper Stream and Gold Stream, resulting in Sandstorm Metals receiving 80% of the proceeds from the 3% NSR (equivalent to a 2.4% NSR) and Sandstorm Gold receiving 20% of the proceeds from the 3% NSR (equivalent to a 0.6% NSR). Glencore Xstrata - 2013 Half-Year Production Report
M2 - Wed Aug 14, 2:41AM CDT
Following completion of the Glencore Xstrata merger on 2 May 2013, production information for H1 2013 and H1 2012 has been presented on a combined basis.
Donner Metals Ltd.: Bracemac-McLeod Interest
Marketwire - Tue Aug 13, 7:04AM CDT
Donner Metals Ltd. ("Donner" or the "Company"
(TSX VENTURE: DON)(FRANKFURT: D4M) (reports that, on August 12, 2013, it failed to make a cash call in the amount of $4.3 million under the Development and Operating Agreement (the "Development Agreement" dated as of July 12, 2011 by and between Glencore Xstrata plc, formerly Xstrata Canada Corporation - Xstrata Zinc Canada Division ("Glencore" and Donner. 
