KEEN INVESTORS

The Helsinki- and London-listed Ruukki board came to Johannesburg last week with the message that the company intends devoting energy, investment and time to grow the business in South Africa. Ruukki board members pictured are Philip Baum, a...

Ruukki's SA investment hits R3bn, JSE listing likely

The Helsinki- and London-listed Ruukki, which has invested R3-billion in South Africa so far, will soon have two assets and two major projects to manage in this country, which it believes has "huge potential". Ruukki South Africa CEO Dr Alistair...

Sandvik unveils upgraded low-profile LHDs

International designer and manufacturer of machinery for underground mechanised mining Sandvik launched a new range of low profile load haul dumpers (LHDs) at this year’s South African Institute of Mining Metallurgy’s yearly International...

Chromex expands in Zimbabwe with Waylox acquisition

Aim-listed Chromex Mining on Monday announced that it had concluded the $1,15-million acquisition of Zimbabwean chrome mining company Waylox. The acquisition would be paid with $300 000 in cash and the balance in new ordinary shares in Chromex....

Company Announcement: Chromex Mining plc (‘Chromex’ or ‘the Company’) Acquisition of Waylox Mining (Pvt) Ltd - Zimbabwe

Attached please find a press release on: Chromex Mining plc, the AIM listed chrome mining company focussed in Southern Africa, is pleased to announce that it has concluded the acquisition of Waylox Mining (Private) Limited (‘Waylox’), a chrome...

Cliffs prepares to tackle ferrochrome market

Cleveland, Ohio-based Cliffs Natural Resources, which already sells iron ore and coal to steelmakers, now expects to be producing and shipping ferrochrome, an ingredient used to prevent corrosion in stainless steel, by 2015. On Monday, the...

Samancor Chrome prepares to retrench, 900 jobs at risk

South African chrome-miner and ferrochrome producer Samancor Chrome said on Tuesday that it was preparing to retrench workers as a consequence of its planned 55% cut in smelter production and 50% cut in chrome mining during 2009. Of the 4 800...

Materials-handling company secures three-year contract

Bulk materials handling company Fraser Alexander Bulk Mech (FABM), a division of the Fraser Alexander Group, and ferrochrome production company ASA Metals, have signed a contract whereby FABM will be responsible for all ASA Metals materials...

Materials-handling company secures three-year contract

Bulk materials handling company Fraser Alexander Bulk Mech (FABM), a division of the Fraser Alexander Group, and ferrochrome production company ASA Metals, have signed a contract whereby FABM will be responsible for all ASA Metals materials...

R50m transaction procures opencast mine

Mining services company Scharrig Mining (Scharrig) announced last month the acquisition of hard rock open cast mining company CCT in a transaction worth R50 million.

Another acquisition for Scharrig Mining

Mining services company Scharrig Mining (Scharrig) has bought mining contractor CCT for R50-million, the company said on Thursday.

Competition tribunal approves Kermas-IMR merger

South Africa’s Competition Tribunal on Thursday gave ferrochrome producer Kermas South Africa permission to merge with one of the world’s largest private mining and metals firms, Eurasian Natural Resources’ subsidiary...