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Chrome
 
M&A

Chrometco to buy minority interests in Lime-Chem, Summer Season

0 COMMENTS
JSE-listed Chrometco has concluded subscription agreements to acquire 9,774% of the share capital in each of two exploration companies, namely Lime-Chem Minerals and Summer Season Trading 84. The existing shareholders of Lime-Chem Minerals and...
18th November 2009
 
 
FERROCHROME

Ongoing ferrochrome price rises expected in 2010 – IFM

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Increases in the price of ferrochrome are likely to be ongoing throughout 2010, says London-listed South African ferrochrome producer International Ferro Metals (IFM). IFM CEO David Kovarsky expects the upward trend to resume from the beginning...
13th November 2009
 
 
FERROCHROME

IFM to cogenerate at fraction of proposed new Eskom tariff

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London-listed South African ferrochrome junior International Ferro Metals (IFM) is all set to cogenerate its own electricity at a fraction of the proposed new Eskom tariffs. IFM CEO David Kovarsky said on Thursday that the company might be able...
12th November 2009
 
 
CHROME

Chrome output must rise 50% in next decade - ENRC

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Chrome production will need to increase by around 50% within the next decade to keep up with Chinese stainless steel demand, Kazakh miner ENRC said. But a strong currency combined with power costs constraints in top ferrochrome producer South...
10th November 2009
 
 
FERROCHROME

Ruukki to triple ferrochrome smelting capacity

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Ferroalloy producer Ruukki on Thursday reported that it was on the verge of completing an internal feasibility study into its expansion plans for the recently acquired Mogale production facilities. Speaking to journalists on a conference call,...
5th November 2009
 
 
ZIMBABWE

Zim small-scale chrome miners demand 80% claims share

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Zimbabwe’s federation of small-scale miners says the government should consider re-allocating chrome claims along the country’s Great Dyke in a manner that should result in a shareholding ratio of 80% indigenous and 20% foreign corporate...
4th November 2009
 
 
SMELTING

Sylvania, Jubilee enter strategic PGMs smelting partnership

0 COMMENTS
JSE-listed Jubilee Platinum and ASX-listed platinum company Sylvania Resources have entered into a strategic partnership to smelt the latter’s platinum-group metal (PGM) concentrates from its tailings retreatment projects that were not already...
2nd November 2009
 
 
FERROCHROME

SA's ferrochrome industry seeks export curbs

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South Africa's ferrochrome industry wants the government to impose curbs and a tariff on chromite ore exports to protect its position as a top global producer and exporter, a document to the government showed. Producers want to counteract a rise...
21st October 2009
 
 
 
 
 
 
Chrome Multimedia
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Merafe expects short to medium-term ferrochrome... Video
6 000 jobs saved through 'cash-burn-avoidance'... Video
Samancor Chrome unveils long-term Esop Video
Miners should position themselves for even... Video
State, Limpopo miners sign water-scheme agreement Video
More chrome could leave South Africa... Video
Power crisis won’t hinder Dilokong chrome... Video
Eyebrows go up as Arm pays maiden dividend,... Video