Ferrous Metals

South32 won’t pay a premium for Anglo’s manganese stake

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SOUTH32 will not pay a premium for control of manganese assets it shares in joint venture with Anglo American, the Australian firm's CEO Graham...

Menar plans to invest $100m reviving Metalloys

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MENAR intends to invest $100m in a refit of Metalloys, the Gauteng-based manganese smelting facilities the privately-owned company bought from South32 last week. News24 cited Vuslat...

South32 agrees Metalloys manganese sale to Menar Group

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SOUTH32 said on Thursday it had sold its Metalloys facility in South Africa's Gauteng province to Menar Group, a privately-held coal and manganese mining...

Putting the ‘vroom’ into SA’s manganese riches

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MANGANESE was the mineral for which Anglo American CEO Duncan Wanblad had no plan in terms of his proposed and far-reaching group restructure. "It...

Bushveld minority to vote against firm’s Vanchem proposal

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BUSHVELD Minerals' plans to sell its Vanchem vanadium processing facilities in South Africa have run into opposition after a shareholder said it was "disappointed"...

Bushveld Minerals agrees to revised $40.6m sale of Vanchem

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BUSHVELD Minerals said on Tuesday it would sell 100% of its Vanchem processing facility to Southern Point Resources (SPR) for $40.6m – a deal...

Bushveld Minerals staring into the abyss, CEO acknowledges

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A TURNAROUND in the vanadium price from its current lows and back up to $40 per kilogram of vanadium (kgV) would see Bushveld Minerals...

Bushveld Minerals warns about suspension of operations as liquidity crunch worsens

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Cash-strapped vanadium producer Bushveld Minerals may have to suspend operations because of a liquidity crunch and must secure further funding in the coming weeks...

SA assets deliver for South32 as a cyclone hammers its Australian...

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South32’s South African aluminium and manganese operations both delivered record production levels during the March quarter which saw major damage done by a tropical...

Solid Q2 for Tharisa but net cash falls steeply

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THARISA posted solid second quarter production numbers for both chrome and platinum group metals but net cash was heavily depleted quarter-on-quarter. The group ended the...