Ferrous Metals

Transnet targets partner for manganese hub by end-2025

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TRANSNET said a private sector partner to help it build out its proposed 16 million tons a year manganese export terminal at Ngqura port...

Illawarra coal sale unconditional, says South32

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SOUTH32 said the sale of its Illawara Metallurgical Coal operations in Australia would be concluded in early September after announcing today the $1bn deal...

Kumba CEO convinced by Transnet turnaround prospects

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KUMBA Iron Ore CEO Mpumi Zikalala said she was convinced Transnet was turning the corner despite her company enduring another disappointing rail and ports...

Anglo to sell iron ore, copper royalties for $195m

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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

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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

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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

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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

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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

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MENAR 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

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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...