Kumba recoups R942m in take-or-pay penalties from Transnet
KUMBA Iron ore said on Tuesday it had received R942m in 'take-or-pay' penalties following "lengthy" negotiations with Transnet regarding the under-delivery of contracted iron...
Kumba hails “stabilisation” of Transnet logistics chain
KUMBA Iron Ore CEO Mpumi Zikalala on Tuesday said there were signs of a "stabilisation" in the performance of Transnet Freight Rail (TFR), the...
South32 shares surge on manganese recovery
SHARES in South32 climbed nearly three per cent on Monday after reporting stronger-than-expected manganese production in the fourth quarter, driven by resumed exports from...
ARM closes Cato Ridge, sells out of Sakura Ferroalloys
PATRICE Motsepe’s sprawling mining conglomerate, African Rainbow Minerals (ARM), has restructured manganese processing activities held through Assmang, with the closure of the Cato Ridge...
Kumba CFO to step down in December
KUMBA Iron Ore said its CFO of eight years Bothwell Mazarura is to step down from end-December after serving a six month notice period.
He...
Thungela CEO says firm favours metallurgical coal deals
THUNGELA Resources would consider adding metallurgical coal assets to its portfolio as there was a "natural adjacency" to its thermal coal production, said CEO...
Kalagadi Manganese debt dispute heads for arbitration
THE Supreme Court of Appeal has ruled that a multi-billion rand debt dispute between Kalagadi Manganese and its lenders must proceed to arbitration, dealing...
Eramet under pressure after Gabon bans manganese exports
SHARES in French mining giant Eramet tumbled on Monday following Gabon's announcement of an export ban on unrefined manganese ore from 2029 – a...
Exxaro gets the edge in tricky manganese consolidation
AFTER casting its line far and wide for three years to diversify from thermal coal production, Exxaro Resources now has its foot in the...
Tharisa to pay interim dividend as looks to better H2
THARISA posted disappointing interim numbers impacted by a decline in mining volumes and a retraction in the average chrome price from previously elevated highs.
For...