Ferrous Metals

Vanadium producer Bushveld Minerals blasts off

The share price of Bushveld Minerals - the London-listed junior miner which operates the Vametco vanadium mine in South Africa - has more...

Anglo American to suffer up to $400m earnings hit at Minas...

Anglo American will take a hit of between $300m and $400m to its expected earnings before interest, tax depreciation and amortisation (EBITDA) for its...

Anglo can’t breath easily until Minas Rio pipeline gets all clear

THE financial impact of Anglo American's decision to shut-down its Minas Rio iron ore mine earlier this week for 90 days will be marginal say...

Anglo suspends Minas Rio for 90 days after second leak detected

PRODUCTION at Anglo American's Brazilian iron ore mine, Minas Rio, is suspended for three months whilst the group runs checks on the integrity of a...

Bushveld cuts debt, finances expansion in $22.2m capital raise

BUSHVELD Minerals raised $22.2m in a rights issue and said the proceeds would go towards the repayment of debt and the expansion of its...

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...