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Bushveld targets Evraz’s Vametco stake

Diversified mineral development company Bushveld Minerals has taken an interest in financially troubled Evraz’s controlling stake in Vametco’s vanadium mine and plant. Mining Weekly editor Martin Creamer joins senior deputy editor Tracy Hancock in studio to discuss the details. 

Bushveld moves to acquire Evraz stake in vanadium mine, plant

By: Martin Creamer Diversified mineral development company Bushveld Minerals has agreed exclusivity to complete a confirmatory due diligence for the acquisition of financially troubled Evraz’s controlling interest in Vametco’s 473-employee vanadium mine and plant, located near Bushveld’s recently acquired vanadium... 

Highveld’s future under spotlight as Evraz questions bidder's capacity to deliver

By: Terence Creamer The battle over the future of Evraz Highveld Steel & Vanadium (Highveld) has intensified with Evraz seeking to urgently interdict the business rescue process, alleging that shareholder and creditor rights have been violated. The business rescue practitioners (BRP), on the other hand, contend that... 

Highveld stands firm on contested rescue plan, challenges parent’s urgent court application

By: Natasha Odendaal Embattled steelmaker Evraz Highveld Steel & Vanadium (Highveld) on Thursday filed a notice of intention to oppose the urgent court proceedings aimed at having its business rescue plan halted and set aside. Two companies linked to Highveld's parent company LSE-listed Evraz – East Metals and... 

Largo Resources reports stable output at 40% capacity

By: Henry Lazenby TSX-V-listed Largo Resources on Tuesday said its Maracas Menchen mine, located in Bahia state, Brazil, was ramping up as planned, producing at a rate of between 8 t/d and 12 t/d of vanadium pentoxide, or about 40% of total capacity. The operation, which started production early August, had, to... 

Bushveld vanadium scoping study indicates ‘robust economics’

By: Leandi Kolver Aim-listed Bushveld Minerals on Monday announced the results of a scoping study for its 52-million-tonne Bushveld vanadium project, stating that the project enjoyed robust economics with significant upside opportunities. Bushveld CEO Fortune Mojapelo pointed out that, at 10 370 t/y, using a... 

Evraz Vametco granted new-order mining right for vanadium mine

By: Natalie Greve The Department of Mineral Resources (DMR) has granted the conversion of the old-order mining right for Evraz Vametco’s North West-based vanadium mine to a new-order mining right. The application for the new-order mining right was submitted in 2004 and granted in 2013 for a period of 25 years.... 

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