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Govt Pressures Chrome Giants over Deposits

Government has denied the country’s two largest ferrochrome producers — Zimbabwe Alloys (ZimAlloys) and Zimbabwe Mining and Smelting Company (Zimasco) — permission to export raw chrome as part of its measures to force the two players to cede part of their c...

Friday, November 6, 2015

Malaysian Ferroalloys Industry a Ahreat to Indian Exports

Industry officials will love to believe the worst is over for the ferroalloys industry and prices of intermediate products that go into adding strength and rust proofing of carbon, alloy and stainless steel, have bottomed out. Crystal gazing into commodity pri...

Tuesday, November 3, 2015

Small Scale Chrome Miners Sing the Blues

WHEN the ban on chrome ore exports was said to have been lifted in June, miners along the Great Dyke thought their woes would soon be over. But the joy was short-lived as companies such as the Zimbabwe Iron and Smelting Company (Zimasco) and Zimbabwe Alloys...

Friday, October 30, 2015

Zimasco Seeks Partner for Chrome Ore Processing

Zimbabwe‘s largest ferrochrome producer, Zimasco has started scouting for a private company to process 40 000 metric tonnes of chrome ore fines currently stockpiled at its Kwekwe smelter plant.

Friday, October 23, 2015

Tough Times Prompt VISA Steel to Think Out of the Box

In 1994, Vishambhar Saran took everyone by surprise when he quit Tata Steel after a 25-year stint. He was director of raw materials then. VISA Industries (later renamed VISA Steel) was set up. The big leap for Saran came in 2003 when the company signed a memor...

Thursday, October 22, 2015

Zim Seeks Power Rescue from Eskom

A deal to import 300MW from South Africa’s power utility Eskom is being finalised as government seeks to augment Zimbabwe’s dwindling power supplies, businessdigest has established.

Monday, October 19, 2015

Prices Head for Biggest Weekly Rise in More than 3 Years

Commodities jumped on Friday, headed for their largest weekly gain in more than three years as base metals roared higher after Glencore pledged to slash zinc output and gold hit three-week highs after dovish Federal Reserve minutes.

Friday, October 16, 2015

Junior Miners Embrace Unconventional Strategies to Survive Economic Trials

The drying up of equity and debt markets coupled with new lows in cash reserves have pushed Canada's junior mining industry on a further downward financial trend, according to PwC's yearly report on the TSX Venture's top 100 junior mining companies. But the in...

Friday, October 16, 2015
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