Ferrous Metals

Consortium edges out Fortesque Metals with $14bn bid for Guinea’s Simandou

AUSTRALIA'S Fortesque Metals Group confirmed it had been edged out of the Simandou iron ore project in Guinea after the west African country's government...

Market shrugs off Kumba sales adjustment after AMSA mothballs Saldanha Steel

KUMBA Iron Ore reduced sales guidance for 2019 by up to 1.5 million tons (Mt) to between 41.5 to 42.5Mt owing to the planned...

Bushveld on track for 2019 vanadium production despite maintenance hit Q3

BUSHVELD Minerals was on track to meet 2019 production guidance of 2,800 to 2,900 tons of vanadium from its Vametco business unit despite undertaking...

Transnet gives SA manganese sector lift after adding 1Mt in additional...

SOUTH African transport and logistics utility, Transnet, had expanded manganese exportation capacity by a million tons a year following increases in wagons - enough...

BHP says maintenance hurt Q1 iron ore output, spends $345m on...

BHP Group, the world’s biggest miner, announced flat year-on-year first-quarter iron ore output as a planned maintenance at a key port hurt volumes, said...

Sierra Leone cancellation of iron ore contract represents fresh rise of...

THE controversial cancellation of an iron ore contract by the government of West Africa's Sierra Leone was a fresh manifestation of resource nationalism, said...

Australia’s Fortescue Metals confirms bid for Guinea iron ore deposit, Simandou

FORTESCUE Metals Group confirmed it had bid to develop two blocks of Simandou, the giant iron ore deposit located in Guinea, said Reuters. "Consistent with...

Production of Marampa mine in Sierra Leone suspended amid export ban,...

SL MINING, a subsidiary of US commodity trading company, Gerald Group, is to suspend iron ore production at its operations in Sierra Leone following...

Assore R9bn cash pile “not a lot of money” as holds...

ASSORE is "looking at different options" for its R9bn cash pile, but CEO, Charles Walters, rules out the possibility of paying out a special...

Bushveld Minerals wins Competition Commission approval for Vanchem deal

BUSHVELD Minerals said it had received Competition Commission approval for the $68m purchase of Vanchem Vanadium Products, a transaction that would help take the firm's...