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Kumba CFO to step down in December

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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

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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

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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

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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

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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

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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...

Exxaro to buy manganese assets from Ntsimbintle for R11.67bn

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EXXARO Resources on Tuesday announced an agreement to buy manganese assets in South Africa's Northern Cape, principally from Ntsimbintle Holdings which owns 50.1% of...

Mantengu claims share price manipulation targeted PGM deal

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MANTENGU Mining, a R171m chrome miner, today published incendiary allegations its share price had been manipulated and that the Johannesburg Stock Exchange (JSE) had...

Mantengu cries foul on possible share price manipulation

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MANTENGU Mining, a small cap chrome miner, warned shareholders its share may have been the victim of manipulation. In an announcement to the JSE it...

Merafe puts two more smelters on ice as electricity prices bite

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TWO more ferrochrome smelters owned by the Glencore/Merafe pool and share joint venture (PSV) will be suspended over the next month, representing another blow...