IFM moves to be more cost competitive, output falls

London-listed International Ferro Metals (IFM) said on Tuesday that it would aim to move significantly down the South African cost curve and was actively pursuing all methods to do so. The ferrochrome producer said that the start-up of its Sky...

International Ferro Metals names new CEO

London-listed ferrochrome producer International Ferro Metals (IFM) announced on Monday that it had appointed BHP Billiton general manager Christiaan Jordaan as its new CEO from August. Jordaan would succeed David Kovarsky, who has led IFM since...

IFM ferrochrome output up 9%, sees strong future demand

London-listed International Ferro Metals (IFM) said on Wednesday that it had increased its second-quarter ferrochrome output by 9% to 51 446 t from the pervious quarter. However, production was still 5% lower than the corresponding period last...

New IFM chrome mine, low-cost ore on way, 2011 profit in sight

London-listed ferrochrome producer International Ferro Metals (IFM) is poised for profit in 2011, buoyed by sturdy stainless steel demand, rising ferrochrome prices and increasing production. IFM produces ferrochrome for stainless steel from...

IFM more than doubles sales, but production declines

London-listed International Ferro Metals (IFM) more than doubled its ferrochrome sales in the December quarter on the back of strong demand from Asia, but furnace repairs reduced its production. Sales surged to 74 917 t in the quarter, which is...

Phoenix chrome tailings retreatment plant, South Africa

The project entails the construction and commissioning of a chrome tailings retreatment plant on International Ferro Metals’ Lesedi mine, in the Bushveld Complex.

IFM ferrochrome sales down 48%, output up

Ferrochrome producer International Ferro Metals (IFM) on Monday reported weaker-than-expected sales figures for the first quarter of the 2011 financial year, despite production having increased. The LSE-listed company, which has operations in...

David Kovarsky

Position: CEO of International Ferro Metals (IFM) Main activity of the company: Ferrochrome producer Date and place of birth: Sept 12, 1947, Johannesburg Education: CA (S.A.), Wits. AMP Harvard Business School First job: Articled clerk, Levitt,...

IFM narrows loss despite strong rand and rising costs in SA

Ferrochrome producer International Ferro Metals (IFM) on Monday reported stronger sales and production volumes for the 2010 financial year, realising a modest return to profitability in the second half of the year, in spite of an...

IFM expects ferrochrome demand to strengthen

Ferrochrome-producer International Ferro Metals (IFM) said on Tuesday it expected ferrochrome demand to strengthen over the next quarter, supported by an anticipated rise in stainless steel demand and seasonal production cuts by South African...

Phoenix chrome tailings retreatment plant, South Africa

Production of platinum-group metals at the chrome tailings plant is expected to be about 15 000 oz/y. The project has an expected life of about 17 years.

Kebble’s ‘sanitised’ Randgold & Exploration to trade again with diversified suite

It has been “sanitised” and it is ready to trade on the JSE once more, with a wide range of diversified potential. The Randgold & Exploration (R&E) mining company of the late Brett Kebble is heading back to the exchange after 93% of...