SA coal investor rides to the rescue of Bushveld Minerals
EVER since Anglo American closed the doors on its once-mighty Highveld Steel & Vanadium in 2007, investors have tried and failed to make a...
SA manganese miners unsure how EV demand will work for them
ASK any mining executive involved in the manganese industry about the metal’s prospects in electric vehicle batteries (BEVs) and you’ll likely get some hemming...
Wind damages overheads affecting manganese exports in Eastern Cape
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...
Bushveld confident convertible bond finalised by December
BUSHVELD Minerals was confident it would refinance part of $45m in convertible debt by December. The negotiations are an important element in securing the proposed...
SA manganese exports disrupted after seas pummel Gqeberha port
MANGANESE exports from South Africa have been disrupted after heavy seas over the weekend damaged the rail line at the country's Gqeberha port in...
Bushveld shares hit fresh low as new CEO cuts vanadium target
BUSHVELD Minerals cut its vanadium production target for this year owing to problems at its Vametco plant near South Africa's North West province town...
Wanblad says Kumba to be “reconfigured” as Transnet rail fail expected...
KUMBA Iron Ore would be "reconfigured in the short-term" to account for export bottlenecks, said Duncan Wanblad, CEO of Anglo American which owns 70%...
Kumba may reduce life of mines if Transnet fails to restore...
THE decline in rail capacity on Transnet's iron ore line risked mine life extension projects, said Kumba Iron Ore CEO, Mpumi Zikalala.
In 2021, Kumba...
Kumba pays generous dividend even as iron ore market contracts, costs...
KUMBA Iron Ore is to pay 75% of interim earnings in a dividend of R22.30/share (R7.3bn) despite volatile market conditions, difficulties with the logistics...
South32 lifts SA manganese sales as truck, rail availability improves
SOUTH32 said there was an improvement in fourth quarter sales from South Africa with volumes increasing on road and rail despite persistent challenges at Transnet, the...