Ferrous Metals

Bushveld minority to vote against firm’s Vanchem proposal

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BUSHVELD Minerals' plans to sell its Vanchem vanadium processing facilities in South Africa have run into opposition after a shareholder said it was "disappointed"...

Bushveld Minerals agrees to revised $40.6m sale of Vanchem

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BUSHVELD Minerals said on Tuesday it would sell 100% of its Vanchem processing facility to Southern Point Resources (SPR) for $40.6m – a deal...

Bushveld Minerals staring into the abyss, CEO acknowledges

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A TURNAROUND in the vanadium price from its current lows and back up to $40 per kilogram of vanadium (kgV) would see Bushveld Minerals...

Bushveld Minerals warns about suspension of operations as liquidity crunch worsens

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Cash-strapped vanadium producer Bushveld Minerals may have to suspend operations because of a liquidity crunch and must secure further funding in the coming weeks...

SA assets deliver for South32 as a cyclone hammers its Australian...

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South32’s South African aluminium and manganese operations both delivered record production levels during the March quarter which saw major damage done by a tropical...

Solid Q2 for Tharisa but net cash falls steeply

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THARISA posted solid second quarter production numbers for both chrome and platinum group metals but net cash was heavily depleted quarter-on-quarter. The group ended the...

Merafe takes payout to R1bn as chrome drives record earnings

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MERAFE Resources posted a record full year profit on the back of "elevated" chrome sales and despite a 14.5% decrease in the average ferrochrome...

ARM weighs reopening of ‘low carbon’ Nkomati Nickel

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AFRICAN Rainbow Minerals (ARM) said it was considering different business combinations for its Nkomati Nickel mine, including partnering with "an integrated end-user". The mine, situated...

Merafe guides to full year basic earnings of up to 34%...

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MERAFE Resources, the Johannesburg-listed ferrochrome producer said in a trading statement on Monday basic earnings for the year ended December 31 would be higher...

Marula Mining to buy control of Kenyan manganese mine

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UK-listed junior miner Marula Mining has agreed to buy control of Kenya's Larisoro Manganese Mine following an initial term sheet agreement with the mine's...