Ferrous Metals

ARM to restart iron ore exports as Transnet “reactivates” rail and...

AFRICAN Rainbow Minerals (ARM) will export iron ore at 40% of normal capacity which will be supplied from stockpiles during the Government-ordered 21-day lockdown...

Merafe ready to dip into debt as lockdown bites at time...

MERAFE Resources said it would draw on debt to fund itself if necessary during the lockdown period imposed by the South African government. Commenting in...

Pragmatic questions over value drove Assore to R7.8bn minority buy-out decision

ASSORE had investigated ways it might improve its trading liquidity before deciding the best option was to buy-out minority shareholders, said Kieran Daly, executive...

Assore unveils R7.8bn offer to minorities in bid to end 70...

ASSORE is to bring the curtain down on 70 years as a publicly listed company announcing today a R7.8bn buy-back of shares held by...

Anglo expansion of Minas Rio faces legal challenge from Minas Gerais...

STATE prosecutors in Brazil filed a lawsuit on March 3 requesting that Anglo American's licence to expand a mining dam be suspended, said Reuters. Citing...

Assore suspects impact of COVID-19 has potential to extend beyond March

THE impact of COVID-19 was to suppress economic activity such that it seemed the return from China's lunar new year festival on January 25...

Kumba pays out most of earnings in R20bn dividend despite short-term...

THE dividends keep rolling for Kumba Iron Ore shareholders with the firm today saying it would pay a total dividend of R46.78/share - nearly...

Merafe warns of lower share earnings as ferrochrome, chrome ore prices...

MERAFE Resources will report a headline loss per share for its 2019 annual results for the year ended December 31 owing to an impairment...

Iron ore deficit set to remain feature as major miners unable...

AUSTRALIAN miner Fortescue Metals has added its voice to those who say they will be unable to respond quickly to the likely deficit in...

All steam ahead on $200m Gravenhage manganese project as Aquila finally...

FOR a startling example of how opaque and even unfriendly mining regulations have hampered economic development in South Africa, look no further than the...