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FERROCHROME

IFM completes furnace repairs, production takes 30 000 t knock Restricted

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Integrated ferrochrome producer International Ferro Metals (IFM) has completed the replacement programme for its electrode pressure rings at its two ferrochrome furnaces in the North West province of South Africa, one month ahead of schedule, it...
6th December 2007
 
 
FERROCHROME

Merafe selects Deutsche Bank as depository bank for ADR programme Restricted

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JSE-listed Merafe Resources on Wednesday announced the appointment of the Deutsche Bank as the depository bank for the American Depository Receipt (ADR) programme of the company.
6th December 2007
 
 
CORPORATE ACTIVITY

London investor acquires control of Shaft Sinkers for R245-millon Restricted

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London based company International Mineral Resources (IMR) has acquired a 60% stake in Shaft Sinkers in a deal worth R245-million.
30th November 2007
 
 
XSTRATA CORPORATE PROFILE

Miner targets platinum, coal and nickel expansion Restricted

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Diversified mining group Xstrata Resources (Xstrata) is targeting the platinum, coal, and nickel sectors in a move to achieve company growth.
30th November 2007
 
 
MINE DEATH

Xstrata worker dies at Mpumalanga chrome mine Restricted

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Diversified mining giant Xstrata said on Thursday that a worker died at its Thorncliffe underground chrome mine, near Steelepoort, the previous day.
29th November 2007
 
 
PLATINUM GROUP METALS

Tharisa, Braemore ink pact to build PGM smelter Restricted

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Newly formed black-owned Tharisa Minerals, which plans to build a 600 000 t/y ferrochrome project near Rustenburg, has signed a memorandum of understanding (MoU) with Aim-listed Braemore Resources to build a platinum-group metals (PGMs) smelter.
28th November 2007
 
 
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
 
 
 
 
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