Lack of cash for Transnet “a concern” says Minerals Council
THE Minerals Council of South Africa said it was concerned there was no allocation for state-owned rail and ports company Transnet in the country's...
Merafe may idle up to two-thirds of ferrochrome production
MERAFE Resources could mothball up to two-thirds of ferrochrome production in terms of a business review which is expected to be completed by May.
Zanele...
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...
Former Anglo CEOs team up to buy Glencore’s iron ore project
FORMER Anglo American chief executives Tony Trahar and Mark Cutifani have teamed up with a group of investors to buy the Zanaga iron ore...
Iron ore price slump to knock ARM interim earnings
THE decline in iron ore prices is expected to feature heavily in the interim results of African Rainbow Minerals (ARM) scheduled for March 7.
This...
Anglo to retain stake in South African manganese
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
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
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
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
GLENCORE executive Japie Fullard said his company and joint venture partner Merafe Resources would seek a deal with the South African government in an...