Ferrous Metals

Kumba pays out to the hilt with new dividend policy

CHRISTMAS has come early this year for shareholders in Kumba Iron Ore  in the form of a revised dividend policy through which the group...

Assore resilient, but acknowledges US trade war hit chrome exports

ASSORE, the miner and marketer of metals used in steelmaking, emerged unscathed by the US/China trade wars in its year to June. But in the...

Shares in iron ore miners rise as Brazil reverses lower court...

A BRAZILIAN court had ordered Vale, the state-owned iron ore and coal producer, to halt operations at its Brucutu iron ore mining complex, reversing...

Assore R9bn cash pile “not a lot of money” as holds...

ASSORE is "looking at different options" for its R9bn cash pile, but CEO, Charles Walters, rules out the possibility of paying out a special...

Guinea’s iron ore hopefuls facing rail route negotiations with ArcelorMittal

THE first iron ore from Guinea's giant resources may well come from smaller deposits as those are best positioned to transport the steel-making mineral,...

Production of Marampa mine in Sierra Leone suspended amid export ban,...

SL MINING, a subsidiary of US commodity trading company, Gerald Group, is to suspend iron ore production at its operations in Sierra Leone following...

Ironveld seeking buyer for SA vanadium, iron, titanium resource

IRONVELD, an exploration and development company listed in London, has announced plans to sell its South African mining rights which consist of 1.4 billion...

Australia’s Fortescue Metals confirms bid for Guinea iron ore deposit, Simandou

FORTESCUE Metals Group confirmed it had bid to develop two blocks of Simandou, the giant iron ore deposit located in Guinea, said Reuters. "Consistent with...

AMSA prepares to restructure potentially affecting 2,000 jobs as SA steel...

ARCELORMITTAL South Africa (AMSA) is to restructure the organisation after failing to contain the effects of high input and commodity costs which could affect...

BHP bullish on iron ore future for the next 50 to...

BHP said the medium- to long-term fundamentals for iron ore were good and could support the construction of 11 more mines in Australia's Pilbara region...