Ferrous Metals

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

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...

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...

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%...

China seeks to tame iron ore price rally with centralised buying...

CHINA wants to establish a centralised platform for buying iron ore from foreign suppliers in an effort to contain the runaway price of the...

Kumba overcomes port distress to register solid iron ore sales but...

KUMBA Iron Ore will report a significant uplift in full year basic earnings of as much as 52% but the performance is despite difficulties...

Bushveld has “turned the corner” as Mojapelo concedes vanadium guidance “conservative”

BUSHVELD Minerals CEO Fortune Mojapelo said the vanadium producer had "turned the corner" after a difficult 18 to 24 months of undershooting production promises. "We...

Anglo in talks to jointly develop Serpentina iron ore project with...

ANGLO American said on December 29 that it was in preliminary discussions with Vale SA to jointly develop the Brazilian miner's Serpentina project. The project...

Macozoma’s Ntsimbintle has vehicle for manganese consolidation following Gilbertson ouster

THE ousting in mid-October of Brian Gilbertson from Australia’s Jupiter Mines will have important consequences for South Africa's manganese industry as it hands management...

Bushveld lifts vanadium output but sales disappoint owing to ‘challenges to...

BUSHVELD Minerals reported an improved operational performance for the third quarter, but said sales were affected by disruption on export channels and a softening...

Kumba lowers full year iron ore sales on concerns of maintenance...

KUMBA Iron Ore said full year sales of the steel-making ingredient would be about 39 million tons (Mt) for the 2021 financial year owing...