Ferrous Metals

Anglo’s Cutifani supportive of Kumba diversification plan

AN interesting aspect of Kumba Iron Ore’s full-year results presentation last month was its so-called 'step-out plan' – a strategy in which it would consider...

Kumba studies ‘step-out’ growth plan as iron ore market shifts

ANGLO American listed subsidiary Kumba Iron Ore set down plans for a more outward looking "step-out" strategy partly aimed at replacing diminishing reserves at...

Pallinghurst to collect $8m as Jupiter unveils third buy-back

THE star performer in the Pallinghurst Resources stable - Jupiter Mines - has launched its third buy-back offer of the last 12 months undertaking...

China’s Aquila takes battle for Gravenhage to Constitutional Court

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

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

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

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

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...

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

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...