Iron ore prices recover but steelmaking ingredient faces headwinds
IRON ore prices recovered from a 16 month low today, but the steelmaking ingredient was headed for more price weakness.
In Singapore, iron ore futures...
IFM pulls back on expansion plan
International Ferro Metals said depressed conditions in the ferrochrome market had forced it to consider reducing a three furnace project to two furnaces.
Correction: Kalagadi Manganese not due for High Court hearing
ON Tuesday, 21 September 2021, Miningmx erroneously reported, amongst other things, that a court hearing was due to take place next week regarding the...
Tharisa to accelerate underground mining plan following review
THARISA is to start underground mining at its North West province chrome and platinum group metal (PGM) mine earlier than planned in order to...
Exxaro’s Mgojo hopes to convince Anglo to allow SIOC ‘flip-up’
EXXARO Resources is to ask Anglo American whether it can exchange its shares in Sishen Iron Ore Company (SIOC) for a stake in Kumba...
‘Lower steel prices won’t up SA output’
A consultant for Kumba says lower steel prices will have no significant effect on manufacturing in SA, refuting claims by the trade and industry department.
300 Sishen employees on strike
Kumba Iron Ore says about 300 employees at the company’s Sishen mine in the
Northern Cape have embarked on an unprotected work stoppage.
Kumba weighs Transnet penalties after utility failures cost firm R10bn in...
KUMBA Iron Ore said it was "in discussions" with Transnet regarding financial penalties that may apply in a 'take-or-pay' rail contract after the state-owned...
Kalagadi denies claims of imminent default, saying it is restructuring IDC...
KALAGADI Manganese denied it would default on loans to its creditor and 20% shareholder, the Industrial Development Corporation (IDC), according to a report by...
Kumba pays out 100% of headline earnings amid rollercoaster iron ore...
KUMBA Iron Ore today announced a R30.50 per share final dividend taking the total dividend for its 2021 financial year to R103.20/share representing 100%...