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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
 
 
SUPERALLOY PLANT

Avalloy launches SA's first superalloy plant Restricted

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Metal producer Avalloy opened South Africa's first superalloy plant to produce alloys from locally mined nickel, cobalt and chrome on Monday, and formalised a supplier agreement with Rolls-Royce.
21st May 2007
 
 
CORPORATE ACTIVITY

Chrometco says in negotiations Restricted

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Diversified junior-miner Chrometco shares rocketed by 29,67%, to R1,18 a share at 14:57, on Monday, after the firm put out a cautionary announcement to the AltX, saying that it was in negotiations.
7th May 2007
 
 
Chrome

Lanxess finds additional 80Mt of ore at SA chrome mine Restricted

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German chemicals company Lanxess on Monday announced that it had found 80-million tons of extra ore reserves at its chrome ore mine in Rustenburg, South Africa.
30th April 2007
 
 
Chrome

Samancor Chrome to spend R1,4bn on local value-add projects by 2010 Restricted

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Ferrochrome producer Samancor Chrome would spend R1,4-billion on beneficiation projects in South Africa over the next two years, including a new pelletiser plant, a DC furnace and a smelter, the firm told Mining Weekly Online last week. Speaking...
30th April 2007
 
 
Chrome

Samancor counters pollution allegations Restricted

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Ferrochrome producer Samancor Chrome has denied claims that its measures to remove a carcinogenic substance from groundwater in the areas surrounding its Tubatse ferrochrome plant were inadequate, and that residents of the Steelpoort area, in...
24th April 2007
 
 
Chrome

IFM plans move to LSE main board Restricted

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Ferrochrome producer International Ferro Metals (IFM), which owns operations in the North West, has proposed a move to the main board of the London Stock Exchange (LSE), it announced on Wednesday.
4th April 2007
 
 
 
 
 
 
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Eyebrows go up as Arm pays maiden dividend,... Video