Manganese Market Rocked by Odisha’s Mining Ban

Manganese supply was dealt a blow last Friday when India's Supreme Court passed a limited mining ban on the state of Odisha, which produces more than 50 percent of the country's manganese and iron ore.

Manganese Miners and Indonesia’s Export Ban

Indonesia, one of the top mineral exporters in the world, has been in the news more than usual since January 12, when its controversial ban on mineral exports came into effect.

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Company News

Exxaro Plans Retrenchment of Employees at AlloyStream Project

Mining Weekly reported that Exarro Resources Ltd. (JSE:EXX) is thinking of retrenching employees at its AlloyStream project as efforts to revive the Letaba ferromanganese pilot plant have been unsuccessful.

Cancana Gains 30-percent Interest in Brazil Manganes

Manganese-focused Cancana Resources Corp. (TSXV:CNY) announced that it has acquired a 30-percent interest in Brazil Manganes Corp., which is a joint venture between Cancana and Ferrometals BV.

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Company Videos

INN Video: Andrew Male of Cancana Resources

Andrew Male, CEO of Cancana Resources (TSXV:CNY) spoke with the Investing News Network at PDAC in Toronto and told us why investors should consider projects that are "near-term production and with cash-flow and financing already in place", as well as the Company's upcoming catalysts in 2013.

Market News

Manganese Ore Prices Holding Steady

Platts reported that manganese ore prices to China firmed today, with the 44-percent variety hitting $4.20 per dry metric ton unit CIF Tianjin.

Chinese Manganese Ore Prices Steady Today

Metal Bulletin reported that Chinese manganese ore prices stayed steady today "as large miners held offers and buyers waited for direction."

China’s Silicomanganese Production Slips

Metal Bulletin reported that in April, China's production of silicomanganese dropped as falling prices for the metal forced producers to cut their operating rates.

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