Ferrous Metals

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...

Kumba to cut up to 490 jobs in line with reduced...

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KUMBA Iron Ore said on Tuesday about 490 jobs were under threat in terms of a restructuring of the business in which cost savings...

Jindal plan for $2bn iron ore mine in SA rejected

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JINDAL Steel & Power Ltd. has had an environmental application to develop an iron-ore mine in South Africa at a cost of as much...