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...
Hopes high for Anglo dividend restart as Kumba pays out R5.1bn
KUMBA Iron Ore, the Johannesburg-listed firm in which Anglo American has a 70% stake, is to pay a R5.1bn interim dividend following a 23%...