Manganese
MANGANESE
South Africa’s manganese geology superb – OMH
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Technically and geologically, South Africa has superb manganese that others can only dream about, says Singapore-based and ASX-listed OM Holdings CEO Peter Toth. OMH has a 26% stake in Ntsimbintle, the company headed by struggle veteran and...
By: Martin Creamer
13th September 2011
Development
New Northern Cape manganese mine to create 500 jobs
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Northern Cape-based mining company Tshipi é Ntle Manganese Mining reports the company will create some 500 new jobs at its new Tshipi Borwa mine. About 100 additional jobs will be created during the mine’s construction phase.
By: Megan Wait
9th September 2011
Commodity Markets
Market analyst predicts financial market slump that will wreak havoc on commodities
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Global market analyst Natixis Commodities Markets (NCM) warns of a ‘rocky road’ ahead for the global financial markets, which could wreak havoc on commodities as demand will slow.
By: Jonathan Faurie
2nd September 2011
MANGANESE
India’s MOIL seeks five-fold hike on manganese import duty
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India’s MOIL Limited, formerly Manganese Ore India Limited, was seeking a five-fold increase on import duties on manganese ore, taking the import duty to 10% from its current rate of 2%.
MOIL currently accounted for around 50% of the India’s...
By: Ajoy K Das
1st September 2011
FERROUS METALS
Assore expects more challenging market after strong 2011
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JSE-listed manganese, iron-ore and chrome company Assore more than doubled earnings to R3.2-billion during its 2011 financial year when compared with the R1.48-billion achieved in 2010. The result was attributed mainly to stronger iron-ore...
By: Loni Prinsloo
26th August 2011
RAILWAYS
Transnet rail split would be ‘disastrous’ and is ‘not on the cards’
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The CEO of State-owned freight logistics group Transnet Brian Molefe said on Thursday that it would be “disastrous” to split the group’s rail unit into separate infrastructure and operational entities and to house the infrastructure assets...
By: Terence Creamer
25th August 2011
MANGANESE
OMH profit drops sharply despite record output
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Manganese miner OM Holdings (OMH) reported a 35% decrease in attributable net profit for the half year ended June, despite record production volumes.
Profit fell to A$10.4-million for the first six months of the year, compared with the...
18th August 2011
BASE METALS
Red Crescent outlines grand designs for Turkish projects
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Turkey focused junior Red Crescent Resources (RCR) hopes to sign an early agreement with a major mining company to take a stake in a planned $6-billion metals processing facility in the Eurasian country, chairman and CEO Alan Clegg said on...
By: Matthew Hill
17th August 2011
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Manganese Multimedia
Geovic confident on Cameroon cobalt project financing
Lower-cost,...
Kalagadi manganese project faces costs escalations
Geovic confident on Cameroon cobalt... 
Lower-cost, higher-capacity SA... 
Kalagadi manganese project faces... 
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