Anglo to sell iron ore, copper royalties for $195m
ANGLO American is to sell two royalty streams held through its 85% owned De Beers to Sydney-headquartered Taurus Funds Management for $195m.
The UK-listed group...
Kumba guidance threatened as on-mine stocks grow 0.9Mt
STOCKS of iron ore increased nearly one million tons at Kumba Iron Ore mines in the first six months of this year as state-owned...
Simandou project receives regulatory approvals, says Rio Tinto
RIO Tinto's Simandou iron ore project in Guinea received all regulatory approvals including those from the local and Chinese governments, said Reuters citing a...
Bushveld lives to mine another day after bail out
ENBATTLED vanadium producer Bushveld Minerals has survived to fight another day thanks to negotiating a revised financing deal with major supporter the OMF Fund...
South32 won’t pay a premium for Anglo’s manganese stake
SOUTH32 will not pay a premium for control of manganese assets it shares in joint venture with Anglo American, the Australian firm's CEO Graham...
Menar plans to invest $100m reviving Metalloys
MENARÂ intends to invest $100m in a refit of Metalloys, the Gauteng-based manganese smelting facilities the privately-owned company bought from South32 last week.
News24 cited Vuslat...
South32 agrees Metalloys manganese sale to Menar Group
SOUTH32 said on Thursday it had sold its Metalloys facility in South Africa's Gauteng province to Menar Group, a privately-held coal and manganese mining...
Putting the ‘vroom’ into SA’s manganese riches
MANGANESE was the mineral for which Anglo American CEO Duncan Wanblad had no plan in terms of his proposed and far-reaching group restructure. "It...
Bushveld minority to vote against firm’s Vanchem proposal
BUSHVELD Minerals' plans to sell its Vanchem vanadium processing facilities in South Africa have run into opposition after a shareholder said it was "disappointed"...
Bushveld Minerals agrees to revised $40.6m sale of Vanchem
BUSHVELD Minerals said on Tuesday it would sell 100% of its Vanchem processing facility to Southern Point Resources (SPR) for $40.6m – a deal...