Ferrous Metals

Wind damages overheads affecting manganese exports in Eastern Cape

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HEAVY rains over the weekend damaged overhead equipment on the rail line used to transport manganese to Coege in the South Africa's Eastern Cape. Transnet...

BHP sees high iron ore price for two years

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BHP Billiton's CEO expects iron ore prices to remain strong for as long as two years, and is confident the company's profit margins will remain robust, even as costs escalate.

Aquila raises fear DMR appeal facing delays

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Aquila Resources is concerned that efforts to have a mining permit granted over an important manganese deposit may be indefinitely delayed.

Kumba’s Zim to start new steel firm

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Lazarus Zim, the former chair of Kumba Iron Ore, says he has resigned from the board of the Anglo American subsidiary to start a new steel firm and avoid the potential of a conflict of interest.

Kumba axes 3,933 in bid to stay afloat

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The unremittingly weak iron ore price has finally closed in on Anglo American's Kumba Iron Ore which is cutting jobs and reducing output.

Bushveld on track for 2019 vanadium production despite maintenance hit Q3

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BUSHVELD Minerals was on track to meet 2019 production guidance of 2,800 to 2,900 tons of vanadium from its Vametco business unit despite undertaking...

AMSA, Kumba end iron ore pricing feud

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ArcelorMittal SA and Kumba brought the curtain down on more than three years of feuding over iron ore prices agreeing a cost plus 20% deal.

African Iron directors accept Exxaro offer

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African Iron's directors have formally accepted Exxaro's takeover offer, says the company.

Kumba overcomes port distress to register solid iron ore sales but...

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KUMBA Iron Ore will report a significant uplift in full year basic earnings of as much as 52% but the performance is despite difficulties...

IFM pulls back on expansion plan

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International Ferro Metals said depressed conditions in the ferrochrome market had forced it to consider reducing a three furnace project to two furnaces.