Bushveld cuts debt, finances expansion in $22.2m capital raise
BUSHVELD Minerals raised $22.2m in a rights issue and said the proceeds would go towards the repayment of debt and the expansion of its...
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...
International Ferro Metals goes into business rescue
Ferrochrome producer International Ferro Metals SA has gone into business rescue and there will be repercussions for Pan African Resources
Kumba seals R2.5bn tax deal with SA Revenue Service
KUMBA Iron Ore completed another important stride in derisking its business agreeing to a R2.5bn tax dispute with the South African Revenue Service (SARS).
The...
Kumba passes dividend citing volatile market, Anglo review
THE fluid nature of market conditions and uncertainty over the short-term future for Kumba Iron Ore were reflected in its surprise decision to pass...
Vanadium producer Bushveld Minerals blasts off
The share price of Bushveld Minerals - the London-listed junior miner which operates the Vametco vanadium mine in South Africa - has more...
Anglo suspends Minas Rio for 90 days after second leak detected
PRODUCTION at Anglo American's Brazilian iron ore mine, Minas Rio, is suspended for three months whilst the group runs checks on the integrity of a...
RoC, Exxaro to return Mayoko to drawing board
Exxaro said it and the Republic of Congo would be realistic about building Mayoko as iron ore is trading $20/t below the level at which the project was benchmarked.
Kumba spin-out is Anglo’s ‘base case’ option
Mark Cutifani, CEO of Anglo American, said the unbundling of its 69% stake in Kumba Iron Ore was the base case option the group was currently studying.
DMR haggling prolongs Kumba, SIOC saga
The South African government has imposed conditions before it will bring the Kumba, Sishen Iron Ore imbroglio to an end.