Many mining companies in the Pilbara region of Western Australia have been consolidating manganese and iron ore operations. Pallinghurst Resources describes their strategy as a ‘steel feed corporation,’ producing all the products for steel milling operations. Also, Consolidated Minerals and OM Holdings are talking merger.
Continue reading "Consolidation in Australian Manganese Mining"
Wednesday, August 11, 2010
American Manganese (CVE:AMY) reports of a non-brokered private placement of $412,231.32 through the issuance of 2,290,174 units at a price of $0.18 per unit. This private placement has been fully subscribed. For complete news release, click here. For American Manganese’s company profile, click here.
Continue reading "American Manganese Inc. Non-Brokered Private Placement"
Wednesday, July 28, 2010
A new proprietary process for the treatment of manganese ore being developed by American Manganese may decrease the competitive advantage held by Chinese steel manufactures over the steel producers in the US. The new economic and environmentally friendly process can produce high quality manganese from low grade ore.
Continue reading "New Ore Process Creates Advantage for US Steel Producers"
Thursday, July 22, 2010
American Manganese Inc. (CVE:AMY) reports that it has received results from the Artillery Peak drilling program. 4526.3 meters (14,850 ft) has been drilled in 53 holes, and the significant results for holes 49-53 are shown in the following table. The drilling program has now been completed and data compilation review and the preparation of an up-to-date NI [...]
Wednesday, June 23, 2010
American Manganese reports it has received results for drill hole numbers 38 – 43 which are located on the North Maggie zone of the Manganese Mesa. Results for drill holes 1 through 37 have been announced previously. The mineralization at Artillery Peak Mohave County, Arizona takes the form of paleo-alluvial fans spreading out down slope from a [...]
Monday, June 21, 2010
With the eyes of the world on South Africa during the World Cup, electrical company Eskom faces disruptions in power supply. How will the World Cup and a looming workers strike effect power supply to mining operations?
Tuesday, June 15, 2010
American Manganese Inc. reports it has signed a third Contribution Agreement with the National Research Council of Canada Industrial Research Assistance Program. The success of that program has led to the development of a proprietary process that will be the subject of an application for patent protection. Extensive studies and tests were conducted by the U.S. Bureau [...]
Continue reading "American Manganese Inc. to Receive Contribution Through NRC-IRAP"
Monday, June 7, 2010
While demand for steel is rising, overproduction and surpluses have put downward pressure on the price of steel, and consequently, manganese. However, strong data shows little signs of weak demand for the metals. Is the downward trend a slowing of emerging economies or simply a price correction? Also, manganese company news, and an interesting development in manganese mining from Korea.
Continue reading "Steel Price Fluctuations Exert Control Over Manganese"
Tuesday, June 1, 2010
American Manganese reports on its clearance to file its final short form prospectus for its public offering. The Offering will be conducted through Pope & Company Limited (the “Agent”) to raise gross proceeds of $882,522 through the sale of 2,757,880 Units. Each Unit will consist of one common share in the capital of the Company (a “Common [...]
Continue reading "American Manganese Reports Short Form Prospectus Filing"
Wednesday, May 19, 2010
American Manganese reports it has received results for drill holes 1 through 37 from its on-going Artillery Peak drilling program. Hole numbers 33 – 37 are located on the Manganese Mesa and hole number 32 is located on Cobweb Hill where little information was previously known. The mineralization at Artillery Peak Mohave County, Arizona takes the form [...]
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Tuesday, August 24, 2010