Kumba pays generous dividend even as iron ore market contracts, costs...
KUMBA Iron Ore is to pay 75% of interim earnings in a dividend of R22.30/share (R7.3bn) despite volatile market conditions, difficulties with the logistics...
South32 lifts SA manganese sales as truck, rail availability improves
SOUTH32 said there was an improvement in fourth quarter sales from South Africa with volumes increasing on road and rail despite persistent challenges at Transnet, the...
Kumba cuts sales, reins-in capex by R2bn as rail issues hurt...
KUMBA Iron Ore cut mineral sales and reined in capital expenditure R2bn owing to lower railed product to Saldanha port for the six months...
Manganese exports boosted after TFR adds rail slots on Northern Cape...
MANGANESE exports from South Africa are set to receive a boost after Transnet Freight Train completed a debottlenecking project which will add four additional rail...
Bushveld Mineral’s Mojapelo suffers fiery farewell as investor vents anger
BUSHVELD Minerals outgoing CEO Fortune Mojapelo was on the end of a fiery farewell on Wednesday after one investor labelled his plans to grow...
Bushveld Minerals shares hit rock bottom as firm parts ways with...
BUSHVELD Minerals is to part ways with founding CEO Fortune Mojapelo who will be replaced by former De Beers CFO Craig Coltman, the company announced...
TFR reports new derailment on iron ore line
A NEW derailment on the Sishen-Saldanha rail route is preventing deliveries of iron ore for export, said Transnet's freight rail business unit (TFR).
"TFR confirms...
Transnet may bring iron ore locos back to service
TRANSNET CEO Portia Derby said the state-owned company was close to signing maintenance contracts that would return locomotives to service deemed critical in supplying...
Iron ore exports disrupted after copper cable theft incidents this week,...
IRON ore exports from South Africa's Northern Cape province have been disrupted this week, according to a statement by Transnet Freight Rail (TFR) which gave...
Update: Kumba says iron ore rail reopened after Transnet reports copper...
TRANSNET Freight Rail said it had suspended one of two rail lines that transports export iron ore, as well as manganese, from South Africa's Northern...