Iron ore and anthracite losses clobber Afrimat’s earnings
AFRIMAT'S business conditions went from bad to worse in the second half of its financial year to end-February after the diversified mining group reported...
End of the road for Bushveld Minerals which will be delisted...
Vanadium producer Bushveld Minerals (Bushveld) is being put into liquidation and will be delisted from the London Stock Exchange’s AIM market where its share...
The Jo’burg network behind Zanaga iron ore revival
ONCE upon a time CEOs of companies as grand as Anglo American migrated to a beachside villa or golfing redoubt when they retired. Not...
BHP considered spinning off iron ore, coal
BHP Group considered spinning off its Australian iron ore and coal divisions as part of a medium-term growth strategy, said Reuters on Thursday citing...
Zanaga Iron Ore weighs pelletising plant in RoC or Middle East
ZANAGA Iron Ore Company is investigating building a plant for the production of low emission iron ore, possibly in the Middle East or Republic...
Exxaro targets “first” manganese deal this year
EXXARO Resources said on Thursday it hoped to convert "interesting conversations" with South African manganese miners into an investment during this year.
"We have been...
New Exxaro boss Ben Magara commits to battery metals
EXXARO Resources said on Thursday it had appointed the former Lonmin boss Ben Magara as its new CEO, effective April 1.
Magara, currently a non-executive...
Lack of cash for Transnet “a concern” says Minerals Council
THE Minerals Council of South Africa said it was concerned there was no allocation for state-owned rail and ports company Transnet in the country's...
Merafe may idle up to two-thirds of ferrochrome production
MERAFE Resources could mothball up to two-thirds of ferrochrome production in terms of a business review which is expected to be completed by May.
Zanele...
Merafe impairs smelter R575m as production hangs in balance
MERAFE Resources posted a 62% decline in full year earnings ended-December owing to a hefty decline in ferrochrome sales and a rise in costs.
Its...