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A Knight in Shining (stainless steel) Armour

Things appear to be impossibly difficult in the resource space at the moment, so imagine my surprise as I came across a Standard Bank research report on Merafe Resources – a small, single commodity, resource company – entitled, “Cash Machine in Waiting”.

Thursday, March 12, 2015

Zimbabwe: President Gets Feel of New Chrome Tech

AFRICA Chrome Fields, a subsidiary of Fanshawe Mining Holdings, last Friday demonstrated to President Mugabe the $200 million chrome smelting technology - the exothermic (alluninathemic) processing - that reduces time taken to refine chrome from the traditiona...

Wednesday, March 11, 2015

Glencore transitioning into deficit in most commodities – Glasenberg

Diversified major Glencore was transitioning into deficit in most of the commodities it produced, CEO Ivan Glasenberg said on Tuesday.

Monday, March 9, 2015

Nene Confirms R23bn Cash Injection for Eskom

[Ferro-Alloys.com]HIGHER electricity tariffs are the most important element of the strategy to restore Eskom’s financial stability and the company is likely to make an early tariff application to the National Energy Regulator of SA (Nersa) for a new tariff st...

Thursday, February 26, 2015

IFM Swings to H1 Loss

[Ferro-Alloys.com]Interruptions in production, lower sales volumes, higher production costs and one-off items impacted negatively on International Ferro Metals’ (IFM’s) results for the six months ended December 31, resulting in a net loss of R175.6-million, ...

Wednesday, February 25, 2015

Bauba’s Chrome Play Clears Last Regulatory Hurdle

[Ferro-Alloys.com]The Department Water and Sanitation has granted Bauba Platinum subsidiary, Bauba A Hlabirwa Mining Investments, a general authorisation of water use for the farm Moeijelijk, in Limpopo, fulfilling the last legislative condition required befor...

Wednesday, February 25, 2015

Net Profit Slides More than half for Assore

[Ferro-Alloys.com]A COMBINATION of depressed commodity prices and spiralling costs conspired to lower net profit of mining company Assore by more than half.

Friday, February 13, 2015

State to Sustain Loss under MMDR Ordinance

[Ferro-Alloys.com]Odisha has expressed reservations on the draft rules issued by Centre for auction of mineral reserves under the Mines and Minerals (Development and Regulation) (MMDR) Amendment Ordinance 2015 stating that it would lose out under the proposed ...

Wednesday, February 11, 2015
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