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Furnaces outperform industry expectations

By: Paige Müller     1st June 2018 Two custom built 81 MVA submerged arc alternating current (AC) furnaces – designed and supplied by South African process and engineering firm Metix to Malaysia-based joint venture smelting facility Sakura Ferroalloys – have outperformed industry expectations since the smelting facility’s... 

Assore earnings down on global iron-ore, manganese oversupply

By: Martin Creamer     7th September 2016 Base mineral and metals mining company Assore, which released financial results for the 12 months to June 30 on Wednesday, reported 11.7% lower headline earnings to R1.7-billion for the financial year. The Johannesburg Stock Exchange-listed company, chaired by Des Sacco, reported a poor ongoing... 

Assmang’s Malaysian JV commissions first ferromanganese smelter

By: Anine Kilian     12th May 2016 Sakura Ferroalloys, a joint venture (JV) between South Africa’s Assmang, Japanese trading giant Sumitomo Corporation and Taiwanese firm China Steel Corporation, this month hot commissioned the first of two 81 MVA furnaces, at its manganese alloy smelting facility, in Sarawak, Malaysia. The first... 


By: Martin Creamer     27th November 2015 Hancock Prospecting chairperson Gina Rinehart is seen addressing the International Mining and Resources Conference in Melbourne, Australia. The remote operations centre of her new Roy Hill iron-ore mine, located near Perth airport, is able to control drills and trucks thousands of kilometres away... 

Malaysia ferroalloys project EPC 71% complete

By: Dylan Stewart     22nd May 2015 Process and engineering service provider Metix is on schedule to complete the engineering, procurement and construction (EPC) of an infrastructure smelter complex for ferroalloy producer Sakura Ferroalloys, in eastern Malaysia, by March next year. 

Mining subsidising inefficient beneficiation beggars belief – chamber  

By: Martin Creamer     5th September 2013 The possibility of the South African mining industry providing effective subsidies to underpin inefficient mineral beneficiation beggars belief in a modern country trying to assert its regional economic credentials. That is the view of Chamber of Mines of South Africa president Mark Cutifani,... 

ARM’s Motsepe confident SA will get through current labour impasse 

By: Martin Creamer     2nd September 2013 South Africa would get through its current labour impasse and emerge as a competitive global investment destination, African Rainbow Minerals (ARM) executive chairperson Patrice Motsepe said on Monday. Motsepe was responding to Mining Weekly Online after his black-led diversified mining company... 

African Rainbow Minerals posts 8% earnings rise, ups dividend

By: Martin Creamer     2nd September 2013 South Africa’s black-led diversified mining company, African Rainbow Minerals (ARM), has defied the tough times by posting 8% higher headline earnings thanks mainly to better performances from the Nkomati Nickel mine, the platinum mines and the Goedgevonden coal mine. The JSE-listed company,... 

Assmang completes DFS for Malaysia manganese smelting facility

By: Idéle Esterhuizen     19th June 2013 Diversified miner African Rainbow Minerals (ARM) on Wednesday reported that mining group Assmang, which it jointly controlled with Assore, had completed a definitive feasibility study to establish the financial viability of a manganese alloy smelting facility in Malaysia. Assmang, in... 

ArcelorMittal completes sale of 15% interest in Canadian subsidiary

By: Henry Lazenby     30th May 2013 Global steel and mining company ArcelorMittal on Thursday said it had completed the sale of a 15% joint venture (JV) interest in its Labrador Trough iron-ore mining and infrastructure assets in Quebec, for $1.1-billion. A consortium led by Posco and China Steel Corporation this week completed its... 


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