Samancor presses ahead with job cuts despite Eskom deal
SAMANCOR Chrome is pushing forward with plans to retrench about 2,400 workers across its smelting operations and corporate offices, said Bloomberg News citing a...
ARM confirms bid to build Ngqura manganese terminal
AFRICAN Rainbow Minerals (ARM), the Patrice Motsepe company, confirmed it was participating in a bid to build and operate a new manganese export facility...
Glencore backs Kazakh entrepreneur’s ERG stake bid
GLENCORE has proposed an $800m pre-payment arrangement to help finance a little-known Kazakh entrepreneur’s $1.4bn bid for a 40% stake in Eurasian Resources Group,...
Glencore Merafe extends deadline ahead of definitive power tariff
GLENCORE Merafe Joint Venture said on Friday it would keep its ferrochrome operations in South Africa open for another month, until the end of...
SA mining baffled as Godongwana fails to address energy tariffs
SOUTH Africa's Minerals Council said Government's budget statement on Wednesday was a missed opportunity to address the energy crisis facing the mining sector.
"The mining...
US set to ease steel and aluminium tariff scope
THE US is expected to narrow the range of goods subject to its 50% tariff on products containing steel and aluminium within weeks, said...
Kumba opens contract talks with Transnet amid uncertainty
KUMBA Iron Ore may need more capacity on Transnet's Sishen to Saldanha Bay railway, but where volume isn't in shortage is in complexity. Not,...
Kumba upbeat on iron ore contract talks with China
KUMBA Iron Ore did not expect to be affected by a dispute between China's state-owned iron ore buyer and mining giants BHP and Rio...
Glencore confident of ferrochrome tariff relief soon
GLENCORE CEO Gary Nagle said he was confident Eskom will grant the group a 54% electricity tariff reduction before the end of February, a...
Glencore-Merafe JV taps ferrochrome but closure looms
SOUTH Africa's Lion ferrochrome smelter tapped its first metal this month in a partial restart, but owner Glencore-Merafe Chrome Venture said a recently approved...