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NAMIBIA

Canadians rope in Koreans to raise capital for Namibian uranium venture Restricted

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Toronto Stock Exchange-listed Forsys Metals Corporation has roped in Korean nuclear energy firm Korea Hydro & Nuclear Power Company (KHNP) to help raise capital for its Namibian uranium venture which, company officials say, is to take off in...
23rd November 2007
 
 
Mining services

Mining project management company eyes city’s bourse Restricted

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“Initially, suppliers, clients and banks still associated MDM Engineering with MDM Ferroman, and this caused distrust and a negative perception from the industry. In August 2006, I terminated the consultancy agreement we had with Gordon...
23rd November 2007
 
 
DRC

Chrometco puts DRC projects on ice, enters talks in SA Restricted

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AltX-listed diversified junior Chrometco has suspended all operations in the Democratic Republic of Congo (DRC) and has entered talks on a mining project back home, it said on Thursday.
8th November 2007
 
 
FERROCHROME

New ferrochrome outfit plans May listing Restricted

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Newly formed black-owned Tharisa Minerals, which plans to build a 600 000 t/y ferrochrome project near Rustenburg, is targeting a listing on the LSE in May next year, the firm said on Tuesday.
30th October 2007
 
 
PLATINUM

Braemore may build western limb PGM smelter using Mintek technology Restricted

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Aim-listed Braemore Resources said on Tuesday that it was studying the feasibility of building a new 10-MW platinum group-metals (PGM) smelter on the western limb of the Bushveld Complex, which would be commissioned mid-2009.
16th October 2007
 
 
FERROUS METALS

Chrometco sells Rooderand chrome project for R60m Restricted

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Junior explorer Chrometco has sold its Rooderand chrome project to private company DCM Chrome for R60-million, it said on Thursday.
27th September 2007
 
 
CHROME

Merafe to participate in Xstrata's Bokamoso project Restricted

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Merafe Resources CEO Steve Phiri Black-empowered ferrochrome producer Merafe agreed to pay R181-million to diversified miner Xstrata to join the Bokamoso pelletising and sintering plant, in the North West province of South Africa, it said on Thursday. The company, led by Steve...
27th September 2007
 
 
FERROCHROME

International Ferro Metals widens loss on increased mine development Restricted

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LSE-listed and South Africa-focused ferrochrome producer International Ferro Metals (IFM) widened its after-tax loss for the year ended June 30 to R344-million, from the previous year’s figure of R242-million, it said on Monday.
25th September 2007
 
 
 
 
 
 
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