Ferrous Metals

Guinea takes first steps to forming transitional government

GUINEA'S new military rulers took the first steps towards formation of a transitional government following the September 5 coup that ousted President Alpha Conde,...

Is Assore planning a move into PGMs after taking beachhead in...

ASSORE, the iron ore investment company, has bought a 5% stake in Gemfields which mines and markets emeralds and rubies from Zambia and Mozambique,...

South32’s SA manganese expansion challenged by Transnet railing headaches

SOUTH32 said the expansion of its manganese operations in South Africa's Northern Cape turned on overcoming the capacity logjams of Transnet. Speaking in an interview...

Glencore hopes shutdown will ease beleaguered state firm Transnet’s rail...

GLENCORE said it hoped a 30-day maintenance programme at Transnet Freight Rail (TFR) would ease the state-owned freight firm's operational problems which saw the...

SA mining icon Brian Gilbertson may be forced off board amid...

A BOARD coup is underway at Sydney-listed Jupiter Mines after shareholders resoundingly voted down the company's remuneration report and refused to re-elect two directors. Jupiter...

Anglo American unveils special dividend and share buy-back taking interim returns...

ANGLO American today unveiled an interim special dividend and share buy-back programme which combined with its 40% earnings payout policy sees the UK-listed group...

Vedanta adds iron ore production to Black Mountain Mine

VEDANTA Zinc International will start iron ore production from its Northern Cape operation, Black Mountain Mine (BMM) later this year with the aim of...

Kumba “registered interest” in taking stake in Transnet, says CEO Themba...

KUMBA Iron Ore has registered an interest in taking a stake in Transnet, South Africa's government-owned freight and logistics company. "Transnet is obviously looking at...

Kumba pays out 100% of record earnings but says runaway iron...

KUMBA Iron Ore announced an R72.70 interim dividend representing 100% of record earnings on the back of exceptional iron ore prices and despite logistical...

Frustration for Kumba as Saldanha logjam dampens sales amid stellar iron...

KUMBA Iron Ore is set to report an increase in interim headline earnings of as much as 182% year on year, but it could...