Ferrous Metals

Anglo to retain stake in South African manganese

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ANGLO American said it planned to retain its 40% stake in the Samancor Manganese Joint Venture in South Africa with 60% partner South32. Duncan Wanblad,...

Kumba says concession of rail network possible in 18 months

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KUMBA Iron Ore hopes to participate in industry efforts to have the Sishen to Saldanha iron ore and manganese rail route concessioned to a...

BHP hit by slump in iron ore prices

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BHP reported a 23% decline in its first-half profit as lower prices for iron ore owing to slowing demand from China’s property sector offset...

South32 receives environmental approval for Worsley expansion

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SOUTH32 said on Wednesday it had received environmental approval from the federal government to extend the operational life of its Worsley Alumina facility in...

Glencore says closure of ferroalloy furnaces can be avoided

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GLENCORE executive Japie Fullard said his company and joint venture partner Merafe Resources would seek a deal with the South African government in an...

Derailments knock Kumba despite 15 day maintenance

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RAIL derailments on the Sishen to Saldanha railway contributed towards an 8% decline in fourth quarter iron ore deliveries, said Kumba Iron Ore. Commenting in...

Guinea expects Simandou iron ore to produce 60Mt in second year

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GUINEA expects its Simandou iron ore project to hit full production during the second year of operation, according to a report by Bloomberg News. Mines...

South32 temporarily shuts Wessels manganese mine

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SOUTH32 said it had temporarily shut its Wessels manganese mine in South Africa's Northern Cape province during the December quarter at a time of...

Anglo concludes $157.5m iron ore deal with Vale

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ANGLO American said on Tuesday it had completed a deal incorporating the Serpentina iron ore deposit into its Minas Rio iron ore mine in...

Glencore-Merafe Chrome JV strikes deal on R2.1bn solar plant

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GLENCORE and its joint venture partner Merafe Resources have agreed a deal with Pele Green Energy to build a R2.1bn utility-scale renewable energy plant,...