Bushveld shares hit fresh low as new CEO cuts vanadium target
BUSHVELD Minerals cut its vanadium production target for this year owing to problems at its Vametco plant near South Africa's North West province town...
Wanblad says Kumba to be “reconfigured” as Transnet rail fail expected...
KUMBA Iron Ore would be "reconfigured in the short-term" to account for export bottlenecks, said Duncan Wanblad, CEO of Anglo American which owns 70%...
Kumba may reduce life of mines if Transnet fails to restore...
THE decline in rail capacity on Transnet's iron ore line risked mine life extension projects, said Kumba Iron Ore CEO, Mpumi Zikalala.
In 2021, Kumba...
Kumba pays generous dividend even as iron ore market contracts, costs...
KUMBA Iron Ore is to pay 75% of interim earnings in a dividend of R22.30/share (R7.3bn) despite volatile market conditions, difficulties with the logistics...
South32 lifts SA manganese sales as truck, rail availability improves
SOUTH32 said there was an improvement in fourth quarter sales from South Africa with volumes increasing on road and rail despite persistent challenges at Transnet, the...
Kumba cuts sales, reins-in capex by R2bn as rail issues hurt...
KUMBA Iron Ore cut mineral sales and reined in capital expenditure R2bn owing to lower railed product to Saldanha port for the six months...
Manganese exports boosted after TFR adds rail slots on Northern Cape...
MANGANESE exports from South Africa are set to receive a boost after Transnet Freight Train completed a debottlenecking project which will add four additional rail...
Bushveld Mineral’s Mojapelo suffers fiery farewell as investor vents anger
BUSHVELD Minerals outgoing CEO Fortune Mojapelo was on the end of a fiery farewell on Wednesday after one investor labelled his plans to grow...
Bushveld Minerals shares hit rock bottom as firm parts ways with...
BUSHVELD Minerals is to part ways with founding CEO Fortune Mojapelo who will be replaced by former De Beers CFO Craig Coltman, the company announced...
TFR reports new derailment on iron ore line
A NEW derailment on the Sishen-Saldanha rail route is preventing deliveries of iron ore for export, said Transnet's freight rail business unit (TFR).
"TFR confirms...