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POWER & MINING

More than half of SA’s mines yet to lodge additional power requests - Eskom Restricted

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State-owned power utility Eskom, currently grappling with a national electricity shortage, wants to reveal exactly where the extra 5% power it is allocating to the mining industry is going, but it is up to the customers, a spokesperson said....
20th March 2008
 
 
FERROCHROME

Black-controlled ferrochrome producer Merafe JSE’s top-performing share Restricted

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The shares of the Royal Bafokeng-controlled Merafe Resources trounced the JSE All-Share Index and the JSE Mining Index to become the JSE’s top performing share in 2007. Since the start of 2006, the shares have risen 295%, 185% above that of...
14th March 2008
 
 
FERROCHROME

Chrome miner ASA appoints Tenova to build Dilokong ferrochrome furnaces Restricted

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Charge chrome producer ASA Metals has commissioned Tenova Pyromet to design, fabricate and install two 66-MWA ferrochrome furnaces at its Dilokong chrome mine. “This is the largest project the company has done to date in terms of value and...
14th March 2008
 
 
FERROCHROME

New 600 000-t/y chrome sintering plant in Burgersfort Restricted

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Engineering firm Metix is to build a 600 000 t/y environment-friendly lump sum turnkey chromite sinter plant for ferrochrome producer ASA Metals at its Burgersfort operation.
14th March 2008
 
 
FERROCHROME

New pelletiser, kilns for SA-Chinese ferrochrome producer ASA Restricted

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Helsinki Stock Exchange-listed minerals and metals processing plant and equipment designer Outotec has been commissioned by ferrochrome producer ASA Metals to deliver ferrochrome production technology at its Dilokong chrome mine expansion project.
7th March 2008
 
 
FERROUS METALS

US firm to pay R250m for stake in SA chrome mine Restricted

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NYSE-listed and Illinois-based Amcol announced on Wednesday that it would buy a 74% stake in a South African chrome mine from ASX-listed Chrome Corporation for A$41-million (about R250-million), and was in separate talks to bring a local firm on...
5th March 2008
 
 
POWER CRISIS

Eskom asked to declare force majeure on big projects as Project Lion expansion gets suspended Restricted

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While the power crunch has forced the Xstrata/Merafe Resources joint venture (JV) to push back its plans to double the capacity of its Project Lion ferrochrome smelter, the black-owned company called on embattled Eskom to declare a "force...
3rd March 2008
 
 
FERROCHROME

Ferrochrome producer Merafe may cogenerate 40 MW of power Restricted

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JSE-listed ferrochrome producer Merafe was studying the economic feasibility of cogenerating 40 MW of electrical power to ease its energy squeeze, CEO Steve Phiri said on Monday. Phiri said that a Merafe technical team was hard at work on the use...
3rd March 2008
 
 
 
 
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