Ferrous Metals

China’s Aquila takes battle for Gravenhage to Constitutional Court

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A CHINESE company that has spent R150m exploring for manganese in South Africa's Northern Cape, has expressed its astonishment at having to challenge a Supreme...

Australia forecasts 20% iron ore price decline in 2018

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AUSTRALIA forecast a 20% drop in the iron ore price to an average of $51.50/t in 2018 versus 2017, said Reuters citing a government...

Pallinghurst studying exit options from manganese miner, Tshipi

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PALLINGHURST Resources is considering exiting its investment in Tshipi é Ntle Manganese Mining (Tshipi), a manganese miner operating in South Africa's Northern Cape province....

Chrome producer Tharisa signs five year Chinese supply deal

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Chrome producer Tharisa has struck a five year deal to supply Chinese steel group Tisco (Taiyuan Iron & Steel Group Company) with about 25%...

First Quantum had agreed to conditional Zambia power tariff hike

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FIRST Quantum Minerals said it was working to resolve a dispute with the Zambian authorities over compliance with a new electricity tariff which has...

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...

Merafe halves debt, lifts payout, but is rapped for excess stocks

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SHARES in Merafe Resources, a Johannesburg-listed ferrochrome producer in joint venture with Glencore, edged up 2.7% following strong interim results in which it halved...

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 Iron Ore output hike adds esprit to Anglo numbers

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KUMBA Iron Ore and De Beers were among the stand-out performers for Anglo American in the group's half year ended June 30 production report...

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...