Ferrous Metals

Merafe tipped to thrive as SA chrome supply withers

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MERAFE Resources shares firmed slightly to around 90 cents on the JSE today after the release of interim results showing the ferrochrome producer had...

Market recovery alone will not save SA’s steel industry

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THE steel market may have taken a turn for the better in the first three months of this year, but the extent to which...

South32 doubts Anglo will deal on Samancor after prices soar

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THE likelihood of South32 buying Anglo American's 40% stake in the Samancor Joint Venture, a manganese ore and chrome facility in South Africa's Northern...

Pallinghurst to take 2017 returns to R1.5bn as Tshipi delivers

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PALLINGHURST Resources will take the total payout to shareholders from its investment in manganese producer Tshipi é Ntle Manganese Mining (Tshipi) to about R1.5bn...

Merafe storms back after whirlwind year for ferrochrome

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MERAFE Resources paid a four cents per share final dividend and laid in to its net debt following a roller-coaster year for ferrochrome which...

Rio Tinto plans to sell 46.6% stake in Simandou to Chinalco

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RIO Tinto is to sell its 46.6% stake in Guinea iron ore project, Simandou, to Chinalco for between $1.1bn and $1.3bn, the Anglo-Australian group...

ARM, Vale to sell JV shares in $400m Lubambe mine for...

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JOHANNESBURG-listed African Rainbow Minerals (ARM) and Vale, the Brazilian state-owned company, are to sell their joint venture stake in Zambia's Lubambe Copper Mine to...

Kumba earnings lift to raise hopes for dividend reinstatement

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HIGHER iron ore prices will ease Kumba Iron Ore to a full-year headline earnings increase of up to 132% year-on-year - a performance that...

Hopes high for Anglo dividend restart as Kumba pays out R5.1bn

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KUMBA Iron Ore, the Johannesburg-listed firm in which Anglo American has a 70% stake, is to pay a R5.1bn interim dividend following a 23%...

Kumba’s Sishen on target for 27Mt in “mixed” Q3 for Anglo

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KUMBA Iron Ore was the highlight of Anglo American's third quarter production figures with the 70%-owned listed subsidiary showing signs it could meet its...