OM Holdings Reports 5 Percent Increase in Revenues
Manganese – Mining Weekly reported that OM Holdings announced a 5 percent increase in revenues for 2012, despite a series of operational challenges at its Bootu Creek mine.
Manganese – Mining Weekly reported that OM Holdings announced a 5 percent increase in revenues for 2012, despite a series of operational challenges at its Bootu Creek mine.
Manganese – Mining Weekly reported that OM Holdings shipped 312 779 t of ore during the quarter ending December 31, 2012, which is a new record.
Manganese – Mining Weekly reported that Manganese miner OM Holdings's production fell in the last quarter, while the company transitioned to an owner-operator mining model.
Manganese – Mining Weekly reported that manganese miner, Om Holdings, will transition to owner-operator for its part at Bootu Creek in the Northern Territory.
Manganese – Mining Weekly reported that OM Holdings (ASX:OMH) reported a year-end loss, citing a manganese price decline.
Manganese – 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.
Manganese – Mining Weekly reported that OM Holdings (ASX:OMH) has secured power supply for its Sarawak smelting project.
Manganese – 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.
Manganese – Mining Weekly reported that manganese production at OM Holdings' (ASX:OMH) Bootu Creek project reached a record high.
Manganese – 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.
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