Balanced Market Stabilizes Manganese Prices
Platts reported that manganese prices stayed flat due to a balanced market.
Manganese Market News Directory
Chameleon Mining Buys 30% of Indonesian Manganese Project
Energy Business Review reported that Chameleon Mining (ASX:CHM) has acquired a 30% stake in the Indonesia-based Kupang manganese project.
Low Sales and Production Numbers for South Africa, but Manganese Gains
Mineweb reported that South Africa's preliminary statistics for mining production and sales for February 2012 are the lowest they have been since 1961, but manganese volume increased by 29 percent.
South Africa’s Transnet to Increase Manganese Volume
Platts reported that South African logistics group Transnet will spend $37.8 billion on capital projects, such as increasing the volume of manganese, as part of a seven-year Market Demand Strategy.
Transnet Reconfirms Relocation of Manganese Export Facility
Mining Weekly reported that Transnet Port Terminals has reconfirmed that South Africa's manganese export facility will be relocated to the Port of Ngqura by 2015/16.
Segue Updates on South African Project
Mining Weekly reported that a maiden manganese resource of 13.9 million tons at 24.6 percent manganese has been announced at Segue Resources Ltd.’s (ASX:SEG) South African project.
BHP Billiton to Develop Manganese Mine in Gabon
Mining Weekly reported that according to Gabon's Mines Minister, BHP Billiton (ASX:BHP,LSE:BLT) will meet with the government of Gabon on April 16 to finalize a convention for the development of a manganese mine.
Chameleon to Acquire 55 Percent of Kupang Manganese Project
MarketWatch reported that Chameleon Mining (ASX:CHM) will acquire a 55 percent interest in the Indonesian Kupang manganese project.
Positive Resource Estimate Update for Aquila’s Avontuur
Marketwatch reported that the manganese resource estimate at Aquila Resources' (TSX:AQA) Avontuur prospect has increased.
China Leads Manganese Mining and Production
MarketWatch reported that according to Merchant Research & Consulting Ltd., the manganese market is being pushed to new output highs due to demand from the Asia-Pacific region, and China in particular.
