Eskom buy-backs hit Merafe output
Merafe Resources says its production of ferrochrome was 21% lower during the first quarter of 2012 than
the comparative period, mainly due to power buy-back deals with Eskom.
Kumba justifies claiming it all
Kumba Iron Ore has offered some detail to its arguments as to why it shouldn’t be compelled to supply iron ore to ArcelorMittal SA, or anybody else, at a discount.
South32 cautious on SA manganese sales despite record first quarter production
SOUTH32 reported record quarterly manganese ore production from its South African mines, but said sales were kept lower ahead of a planned shutdown.
Saleable production...
Tharisa to pay interim dividend as looks to better H2
THARISA posted disappointing interim numbers impacted by a decline in mining volumes and a retraction in the average chrome price from previously elevated highs.
For...
Iron drops for first time in years
Iron ore output fell in 2009 for the first time in seven years despite continued growth in trade to record levels, keeping market conditions tight and prices high until 2012, says a UN think-tank.
Amsa ups ante in Sishen row
ArcelorMittal SA is demanding nearly R26bn from Kumba if the steelmaker’s supply agreement for iron ore from Sishen mine is not resumed.
Minas Rio on track, says Carroll
Anglo American CEO Cynthia Carroll told says the group's key Minas Rio iron ore project in Brazil is moving full steam ahead, following repeated delays and cost overruns.
Kumba FY earnings up on higher iron ore prices
Kumba Iron Ore has reported a rise in full-year profit, boosted by higher iron ore prices and says it expects export volumes to rise in the current financial year.
Merafe impairs smelter R575m as production hangs in balance
MERAFE Resources posted a 62% decline in full year earnings ended-December owing to a hefty decline in ferrochrome sales and a rise in costs.
Its...
China seeks to tame iron ore price rally with centralised buying...
CHINA wants to establish a centralised platform for buying iron ore from foreign suppliers in an effort to contain the runaway price of the...