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BEE DISPUTE

Kermas SA to reallocate shares in Samancor BEE deal following dispute Restricted

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Alistair Ruiters Following a dispute, ferrochrome producer Kermas South Africa has cancelled the 28% transfer of shares in its black economic-empowerment (BEE) deal, but plans to reallocate the same stake to meet its original broad-based objectives. Chairperson,...
23rd June 2008
 
 
FERROCHROME

IFM awards Buffelsfontein R35m gas-supply contract to Afrox Restricted

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Welding gas and consumables company, Afrox on Friday announced it had won a R35-million gas and welding supply contract for the International Ferro Metals (IFM) Buffelsfontein ferrochrome production facility, in the North West province. The...
20th June 2008
 
 
ENVIRONMENTAL PROTECTION

International Ferro Metals’ cogen plant to slash carbon dioxide emissions by 160 000 t Restricted

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Ferrochrome producer International Ferro Metals (IFM) will substantially reduce its carbon footprint when it commissions its R200-million cogeneration (CoGen) plant, currently under implementation in July next year.
20th June 2008
 
 
China & SA

SA a preferred destination for Chinese mining investment Restricted

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IN terms of number of projects, South Africa currently ranks second equal among African countries regarding Chinese investment in mining. There are five mining projects in this country with greater or lesser degrees of Chinese investment.
20th June 2008
 
 
CHINA & RESOURCES

Miners should position themselves for even bigger China resources assault Video Available Restricted

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Mining companies needed to look strategically and systematically at how they could benefit from opportunities that resource-hungry China's increasing growth as global resources player presented, an expert on that country said on Tuesday....
10th June 2008
 
 
FERROCHROME

Outokumpu unveils plans to double ferrochrome output in Finland Restricted

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The board of stainless steel producer Outokumpu has given the go-ahead to a €420-million plan to double its ferrochrome production capacity in Finland, to 530 000 t/y, by 2011. Ferrochrome prices have surged in the last year, buoyed by...
3rd June 2008
 
 
M&A

Kermas offers to buy Metmar’s stake in metal alloys producer Restricted

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Commodities marketing company Metmar rose to a new high in Johannesburg on Monday afternoon, after it announced the sale of its stake in metal alloys producer PGR 17 for R390-million to London-based Kermas. Kermas had made an irrevocable offer to...
2nd June 2008
 
 
WATER INFRASTRUCTURE

State, Limpopo miners sign water-scheme agreement Video Available Restricted

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Water Affairs and Forestry Minister Lindiwe Hendricks on Monday signed a memorandum of agreement (MoA) with 23 mining houses in Limpopo province for the development of the second phase of the Olifants River Water Resources Development Project...
26th May 2008
 
 
 
 
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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