OMH Has Operating Loss Due to Low Manganese Prices
Mining Weekly reported that OM Holdings (ASX:OMH) reported a year-end loss, citing a manganese price decline.
Articles Tagged "OM Holdings"
OMH Manganese Exports Delayed on Train Derailment
Bloomberg reported that up to three of OM Holdings' (ASX:OMH) manganese shipments may be pushed forward into the next quarter because of a train derailment.
OMH Signs Power Purchase Agreement in Sarawak
Mining Weekly reported that OM Holdings (ASX:OMH) has secured power supply for its Sarawak smelting project.
OMH Seeking Funds through Share Placement
Mining Weekly reported that OM Holdings (ASX:OMH) is hoping to raise A$26.25-million through a share placement to fund the Sarawak ferroalloy project.
OMH Reaches Record Production at Bootu Creek
Mining Weekly reported that manganese production at OM Holdings' (ASX:OMH) Bootu Creek project reached a record high.
Chinese Steel Production Down; Weak Manganese Prices Affect Miners’ Profitability
The price of manganese has been falling since October. As the price moves towards 2009 lows, the profitability of many high cost manganese producers is coming into question. If the miners reduce their output, prices may stabilize.
OM Manganese Shipments Delayed Due to Derailment
The Australian reported that OM Holdings (ASX:OMH) is working with its customers to resolve manganese shipment delays following a recent train derailment.
BHP in Front Line as Marines take Darwin
Asia Times Online reported that a military pact between Australia and the United States caused shares of OM Holdings (ASX:OMH) to fall.
OMH Approves $501m Malaysian Ferroalloy Smelting Project
Mining Weekly reported that a ferroalloy smelting project in Sarawak, Malaysia has been approved by OM Holdings' (ASX:OMH) board.
Cahya Mata Buying 20% Stake in RM1.55 Billion OM Holdings’ Project
The Star Online reported that Cahya Mata (KUL:CMSB) plans to purchase 20% of a manganese project owned by OM Holdings (ASX:OMH).
