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FERROCHROME

Merafe posts H1 profit, after year earlier loss Restricted

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Black-empowered ferrochrome producer Merafe Resources on Tuesday reported that it had made a profit in the first half of the year, after recording an interim loss last year.
7th August 2007
 
 
WAGE DEAL

Assmang inks 3yr wage deal with workers - union Restricted

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Ferrous metals miner Assmang and trade unions signed a three-year wage agreement on Tuesday, that will increase workers' wages by 15% in the first year and 9% a year in the next two years.
17th July 2007
 
 
FERROCHROME

Merafe expects to post first-half profit Restricted

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Black-empowered ferrochrome producer Merafe Resources expects to report first-half basic earnings and headline earnings a share of between 3,6c and 4c, compared with a loss of 1,2c a share the previous year.
13th July 2007
 
 
WAGE NEGOTIATIONS

NUM in dispute with Samancor Chrome over wage negotiations Restricted

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The National Union of Mineworkers (NUM) said on Wednesday that it had declared a dispute with Samancor Chrome after the company refused to up its wage offer of 7,6%.
27th June 2007
 
 
PRECIOUS METALS – 1

New platinum flotation plant commissioned on western limb Restricted

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ASX and AIM-listed Sylvania Resources has commissioned its Millsell platinum group metals (PGMs) flotation plant, on the Western Limb of the Bushveld Igneous Complex.
22nd June 2007
 
 
CHROME

Chrometco weighs up Rooderand chrome options Restricted

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Junior AltX-listed exploration firm Chrometco, which on Thursday posted a headline loss of 2,8c a share for the year ended February 28, said that it was in talks in talks to sell its Rooderand chrome reserves, but could also develop them itself.
31st May 2007
 
 
FERROCHROME

Doubling on way for new IFM ferrochrome plant Restricted

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Plans are at an advanced stage to double the size of the 265 000 t a year International Ferro Metals (IFM) ferrochrome operation in Rustenburg, executive chairperson Tony Grey said at IFM's official opening on Tuesday.
29th May 2007
 
 
Junior miners

Junior mining index market cap tops R100bn Restricted

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The NedSec Junior Mining & Exploration Index (NSJME) has reached a free-float weighted market capitalisation of R104,6-billion, Nedbank Capital said in a statement on Monday.
28th May 2007
 
 
 
 
 
 
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