Home News Ferrous Metals

Ferrous Metals

Iron ore trading at half-year highs

Iron ore prices have steadied near six-month highs, supported by fewer Indian supplies and demand from Chinese steel mills.

Kumba positive on West Africa as market cools

Normality has returned to the West Africa iron ore exploration sector, said Kumba Iron Ore, which is seeking "a second footprint' in the region.

Cipro washes its hands of hijacking

Cipro has suspended its online facility for changing directorships to curb company hijackings, but says it won't take the blame when its systems are manipulated.

SA to produce 1mt more manganese ore as price leaps

SOUTH African production of manganese ore was about one million tonnes (mt) higher this year after Australia cut supplies amid a sharp decrease in...

Amsa sets out fresh Kumba iron ore dispute

Nonkululeko Nyembezi-Heita said the Phoenix project was part of Thabazimbi, a mine from which it has a supply agreement.

Imperial Crown seeks Sishen access

Imperial Crown Trading 289 has advised Kumba Iron Ore it wants to access the Sishen mine site to investigate ways in which it can exercise its prospecting rights.

Kalagadi on course for 2012 start

Kalagadi Manganese says it has reached significant milestones in the construction of its R7bn mine and sinter plant, remaining on track to start production in June 2012.

IFM agrees to shut two furnaces

Eskom has agreed to buy back power from International Ferro Metals which has agreed to shut two furnaces in deals most likely similar to shut downs at Rukkii, Xstrata and Samancor.

Production of Marampa mine in Sierra Leone suspended amid export ban,...

SL MINING, a subsidiary of US commodity trading company, Gerald Group, is to suspend iron ore production at its operations in Sierra Leone following...

Beny Steinmetz to fight fresh Guinea iron ore bribery charges as...

MINING entrepreneur, Beny Steinmetz, is to fight Swiss corruption charges related to long-standing claims he paid bribes in order to win mining licences for Guinea's...