Ferrous Metals

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%...

Kumba Iron Ore output hike adds esprit to Anglo numbers

KUMBA Iron Ore and De Beers were among the stand-out performers for Anglo American in the group's half year ended June 30 production report...

Pallinghurst to take 2017 returns to R1.5bn as Tshipi delivers

PALLINGHURST Resources will take the total payout to shareholders from its investment in manganese producer Tshipi é Ntle Manganese Mining (Tshipi) to about R1.5bn...

Exxaro’s Mgojo hopes to convince Anglo to allow SIOC ‘flip-up’

EXXARO Resources is to ask Anglo American whether it can exchange its shares in Sishen Iron Ore Company (SIOC) for a stake in Kumba...

Merafe storms back after whirlwind year for ferrochrome

MERAFE Resources paid a four cents per share final dividend and laid in to its net debt following a roller-coaster year for ferrochrome which...