Ferrous Metals

Kumba jumps on soaring prices with launch of super high grade...

KUMBA Iron Ore is considering production of limited quantities of a super high grade ore to capitalise on soaring prices being paid for higher...

Kumba pays out to the hilt with new dividend policy

CHRISTMAS has come early this year for shareholders in Kumba Iron Ore  in the form of a revised dividend policy through which the group...

Exxaro says flip-up of SIOC stake is now an “easier conversation”

THE divestment of a 20.62% stake in Sishen Iron Ore Company (SIOC) by Exxaro Resources had been made easier to contemplate following the High Court...

Rand, lower iron ore price to hit Kumba earnings by at...

KUMBA Iron Ore shareholders, including Anglo American, will be returned to earth after a stellar financial year in 2017 owing to the improvement in the...

Smart tech is Kumba’s best hope of extending Sishen Iron Ore

KUMBA Iron Ore has a two-pronged strategy to extend the current 13 years remaining for its Sishen mine in the Northern Cape: exploration and...

Vanadium producer Bushveld Minerals blasts off

The share price of Bushveld Minerals - the London-listed junior miner which operates the Vametco vanadium mine in South Africa - has more...

Anglo American to suffer up to $400m earnings hit at Minas...

Anglo American will take a hit of between $300m and $400m to its expected earnings before interest, tax depreciation and amortisation (EBITDA) for its...

Anglo can’t breath easily until Minas Rio pipeline gets all clear

THE financial impact of Anglo American's decision to shut-down its Minas Rio iron ore mine earlier this week for 90 days will be marginal say...

Anglo suspends Minas Rio for 90 days after second leak detected

PRODUCTION at Anglo American's Brazilian iron ore mine, Minas Rio, is suspended for three months whilst the group runs checks on the integrity of a...

Bushveld cuts debt, finances expansion in $22.2m capital raise

BUSHVELD Minerals raised $22.2m in a rights issue and said the proceeds would go towards the repayment of debt and the expansion of its...