Assmang brings curtain down on Beeshoek iron ore mine
AFRICAN Rainbow Minerals (ARM) announced its investment vehicle Assmang was putting the Beeshoek iron ore mine on care and maintenance resulting in the retrenchment...
Exxaro sells ferrosilicon assets for R250m to EverSeed
EXXARO Resources announced on Monday the sale of its ferrosilicon assets for R250m which it said was in line with its strategy to focus...
Glencore-Merafe registers 51% slump in ferrochrome output
GLENCORE Merafe Chrome Venture produced 51% less ferrochrome year-to-date as high energy prices forced it to cut smelter capacity.
Ferrochrome for the first nine months...
SA iron ore exports could face margin squeeze
A PILLAR of Kumba Iron Ore's business case is that about two-thirds of its 35 to 37 million tons in annual production is sold...
Exxaro has turned the corner. So where to from here?
EXXARO Resources CEO Ben Magara is hoping a one-fifth improvement in Exxaro’s share price in following its half-year results August is the beginning of...
Afrimat starts recovery but Nkomati mine hangs in balance
SHARES in diversified minerals company Afrimat improved six percent in early morning Johannesburg trade on Thursday after interim numbers to end-August demonstrated signs a...
Why Tharisa could be worth double its market value
THE irony of the government’s proposed chrome tax, aimed at encouraging local beneficiation of minerals, is that it punishes companies that do most to...
Exxaro reins in copper ambitions after manganese deal
SOUTH African coal producer Exxaro Resources has scaled back ambitions to add copper to its portfolio after losing out on a producing mine in...
South Africa weighs 25% chrome export levy – report
SOUTH African authorities are mulling a 25% levy on raw chrome ore exports as part of efforts to rescue the beleaguered ferrochrome sector, which...
Guinea iron ore mine halts after fatal accident
A CHINESE-backed mining venture has halted operations at its Guinean iron ore site following a workplace incident that claimed three foreign workers' lives, Bloomberg...