Kazakhstan’s government needs to simplify and clarify its investment regime and cut barriers for foreign investors if the country’s mining sector is to boom. About one percent of global investment in metals exploration currently goes to Kazakhstan, which is the world’s second-largest producer of chromium.
A brief overview of chromium price developments, supply and demand, and significant market movers.
While Brazil is a small player in the chromium market, it is the only country on the South American continent which produces chromium.
A brief overview of chromium price developments, supply and demand, and significant market movers.
Mining Weekly reported that India's chromite sector experienced negative growth in March.
CBC reported that Neskantaga First Nation lawyers say Ontario's deal with Cliffs Natural Resources (NYSE:CLF) may have broken the law.
Winnipeg Free Press reported that Cliffs Natural Resources (NYSE:CLF) may get a Mining Act exemption so it can export up to 40% of mined chromite for processing.
Northern Life reported that Cliffs Natural Resources (NYSE:CLF) will hold a conference call regarding its planned chromite smelter location in Ontario.
Noront Resources Ltd.(TSXV:NOT) announced the closing of a private placement for gross proceeds of approximately $10.1 million. The proceeds from the placement with Resource Capital Fund V L.P. will be used for progress at the Eagle Nest project.
Cliffs Natural Resources Inc. (NYSE:CLF) announced that its Board has approved the advancement of the company's chromite project to the feasibility stage.
AMCOL International Corporation (NYSE:ACO) announced its first quarter 2012 financial results.
Noront Resources Ltd.(TSXV:NOT) announced the proposal of a new private placement with Resource Capital Fund V LP. The Company is aiming to close the offering around May 8, 2012.
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