Ferrous Metals

Kumba to post record interim numbers in omen for bumper Anglo...

KUMBA Iron Ore will report record interim earnings in July following a period of sky-high prices for the steel-making ingredient. The company said in a...

UAE company files $27bn in damages against Congo Govt. after loses...

A UNITED Arab Emirates company is the latest to dispute the loss of an iron ore mining licence in the Republic of Congo, said...

Afrimat dividend intact after firm plays cards in Northern Cape manganese...

AFRIMAT CEO, Andries van Heerden, will tell investors at the firm's annual results presentation on Friday that dividends will not be threatened by its...

Afrimat to buy Gravenhage manganese deposit from Aquila Steel for R650m

AFRIMAT, the industrial minerals company, is to buy the Gravenhage manganese deposit in South Africa's Northern Cape province for $45m (R650m), it announced today. Gravenhage...

Iron ore price may be heading for breather as Brazil looks...

THE iron ore price rally may be heading for a breather owing to a potential increase in supply from Brazil, said Bloomberg News. Brazilian producers...

Bushveld Minerals raises risk of undershooting vanadium production target for 2021

BUSHVELD Minerals said there was a risk of lower than guided vanadium production in its 2021 financial year following a combination of industrial action...

Anglo’s Kumba ascends to fresh share price highs as commodity frenzy...

KUMBA Iron Ore continued to rack up fresh share price records, ending today at R717.19/share, a daily gain of 2.5%, and valuing the company...

Supply fear to keep iron ore price pumping with long-term $250/t...

THE heat in the iron ore market, which has seen the price of the mineral increase to more than $230 per ton, was unlikely...

Gerald Group to ship 707,000 tons of iron ore from Marampa...

GERALD Group, a US commodity trading firm, has resolved a two-year dispute with the Sierra Leone government after agreeing to pay the state $20m...

South32 to lift SA manganese output, but the pall of Transnet...

SOUTH32 increased production guidance for manganese ore from its South African joint venture about 10% to 2.2 million tons (Mt) for its 2021 financial...