Ferrous Metals

Kumba forecast to lift Q2 iron ore output a fifth but...

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KUMBA Iron Ore was expected to report a one-fifth increase in iron ore production for the second quarter following rains and equipment reliability constraints...

BHP to face music in UK over Fundão collapse following “monumental”...

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BHP Group will face a lawsuit in the UK over the Fundão dam collapse in 2015 in which 19 people were killed after it lost...

Bushveld outlines R2.3bn growth plan but market takes dim outlook with...

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BUSHVELD Minerals has outlined a plan to grow vanadium production 50% through the expansion of its processing facilities and the possible development of a...

Guinea delivers 14-day ultimatum to Simandou iron ore partners

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THE pressure is on the partners given the greenlight to develop the Simandou iron ore mine in Guinea, according to a report by Bloomberg...

Bushveld signs five year wage agreement with AMCU for Vametco employees

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BUSHVELD Minerals said it had signed a five-year wage agreement with the Association of Mineworkers & Construction Union (AMCU) for employees at its Vametco...

Guinea signs framework agreement for Simandou iron ore production from 2025

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GUINEA'S ruling junta had agreed a framework agreement with its mining partners for the development of the West African country's four billion ton Simandou...

South32 weighs $50m upgrade of SA manganese export facilities in Northern...

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SOUTH32 was investigating ways to improve the efficiency of its manganese supply chain in South Africa which could lead to an increase in production. Speaking to...

South32 withdraws from Metalloys sale after buyer fails to meet “commercial...

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SOUTH32 will not complete the sale of its Metalloys manganese alloy smelter in South Africa after the buyer Satka Investments "failed to satisfy certain commercial...

Little Merafe builds nearly R1bn in cash following storming year for...

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MERAFE Resources, a ferrochrome producer in joint venture with Glencore, increased cash to nearly R1bn at the close of its 2021 financial year. The company,...

Kumba pays out 100% of headline earnings amid rollercoaster iron ore...

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KUMBA Iron Ore today announced a R30.50 per share final dividend taking the total dividend for its 2021 financial year to R103.20/share representing 100%...