Jubilee to make firm offer for Braemore

JSE-listed platinum junior Jubilee on Friday announced its firm intention to make an offer for Braemore Resources. Jubilee said it would acquire all Braemore shares through an all-equity transaction, which would see the issue of one new Jubilee...

IFM reports record quarterly ferrochrome output

London-listed ferrochrome producer International Ferro Metals (IFM) reported that it reached record ferrochrome production for the quarter to June 30, up 16% to 60 698 t, which included 4 090 t recoverable chrome contained in stockpiled slag....

New drilling innovation for the African coring market

Australian-based company DHT Technologies has developed the Retractabit, a revolutionary technology that has the potential to save diamond-coring drillers significant time and money by enabling them to change drill bits on-site down the drill hole.