Glencore ferrochrome unit threatens to quit power talks
GLENCORE'S South African ferrochrome subsidiary has warned it may abandon negotiations with the government over a discounted electricity package, saying the conditions attached to...
Iron ore heads for biggest weekly gain
IRON ore is heading for its biggest weekly gain in more than a year after China's state-backed buyer moved to expand restrictions on BHP...
Anglo American iron ore cargoes diverted by Iran war
AT least three iron ore cargoes operated by Anglo American have been diverted mid-voyage as the US and Israeli military campaign against Iran chokes...
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,...