Ferrous Metals

Kumba cuts sales, reins-in capex by R2bn as rail issues hurt...

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KUMBA Iron Ore cut mineral sales and reined in capital expenditure R2bn owing to lower railed product to Saldanha port for the six months...

Vanadium prices bolster Bushveld Minerals, but Vametco output below plan

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BUSHVELD Minerals benefited from improved vanadium pricing in its 2018 financial year, but its Vametco facilities under-performed against targets - a development that will...

Merafe warns of lower share earnings as ferrochrome, chrome ore prices...

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MERAFE Resources will report a headline loss per share for its 2019 annual results for the year ended December 31 owing to an impairment...

Bushveld targets reliability in 2021 following decision to shut plant for...

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BUSHVELD Minerals would prioritise operational reliability in 2021 after its vanadium operations suffered a shutdown in the fourth quarter. "The biggest key phrase for us...

Guinea takes first steps to forming transitional government

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GUINEA'S new military rulers took the first steps towards formation of a transitional government following the September 5 coup that ousted President Alpha Conde,...

Bushveld reins in production ambition as share price slides to new...

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BUSHVELD Minerals has shelved an ambitious R2.3bn plan to take vanadium production from its South African facilities to just over 8,000 tons annually. The company,...

South32 manganese off to strong start but shipping backlogs loom

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SOUTH32 said manganese ore production from its South African mines reported a strong start to its 2024 financial year but the Perth-headquartered business registered...

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

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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,...

IDC argues Kalahari Manganese has run out of road as debt...

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PLACING Kalagadi Manganese into business rescue was the only course of action open to shareholders, the Industrial Development Corporation (IDC) argued today, adding that...

Supply fear to keep iron ore price pumping with long-term $250/t...

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THE heat in the iron ore market, which has seen the price of the mineral increase to more than $230 per ton, was unlikely...