Ferrous Metals

Kumba Iron Ore may retrench up to 653 people as its...

KUMBA Iron Ore has issued notices of potential retrenchment to 1,620 employees only weeks after reporting record earnings, said BusinessLive. The Anglo American-controlled group, reported earnings...

Ferrochrome exports in trouble as Transnet utilisation rate falls to 40%,...

MERAFE Resources and Glencore had encountered "huge problems" exporting ferrochrome from South Africa with utilisation rates on the rail and ports facilities managed by...

Anglo aims at further 10 year life extension of SA iron...

ANGLO American intended to extend its mining operations held in Kumba Iron Ore by a further ten years to bring it in line with...

Kumba approves R3.6bn life extension project pushing Sishen production out to...

KUMBA Iron Ore today said it had approved the R3.6bn extension of its flagship Sishen mine in South Africa's Northern Cape province. The company, which...

Bushveld targets reliability in 2021 following decision to shut plant for...

BUSHVELD Minerals would prioritise operational reliability in 2021 after its vanadium operations suffered a shutdown in the fourth quarter. "The biggest key phrase for us...

Steinmetz denies corruption as trial over Guinea’s Simandou prospect gets underway

BENY Steinmetz denied any role in corruption or forgery related to mining rights his company, Beny Steinmetz Group Resources (BSGR), secured in Guinea, said...

Kumba lowers 2020 output guidance in further evidence of iron ore...

KUMBA Iron Ore would produce about 37 million tons (Mt) of iron ore in its 2020 financial year which closes end-December, the company said...

IDC’s Nchocho “optimistic” of solution to Kalagadi Manganese legal standoff

INDUSTRIAL Development Corporation (IDC) CEO, Tshokolo Nchocho, said the organisation was "optimistic" of a good outcome in avoiding a protracted legal argument with Kalagadi...

ARM to test technology that could save its beleaguered ferroalloys production...

AFRICAN Rainbow Minerals (ARM) is investigating new smelting technology that could enable South Africa’s ferroalloys sector to circumvent swingeing electricity tariff increases. The development of...

Menar’s R250m East Manganese project permitted ahead of first production

PRIVATELY-owned resources investment company, Menar, said it had been granted a mining right and water use licence for its R250m East Manganese project, a...