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...

Kermas SA to reallocate shares in Samancor BEE deal following dispute

Following a dispute, ferrochrome producer Kermas South Africa has cancelled the 28% transfer of shares in its black economic-empowerment (BEE) deal, but plans to reallocate the same stake to meet its original broad-based objectives. Chairperson,...

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...

Kermas SA empowers with sale of stake to consortium led by ex DTI DG

Ferrochrome producer Kermas South Africa, the holding company of Samancor Chrome, has concluded its black economic-empowerment (BEE) transaction with the Batho Barena Consortium, the company announced, on Wednesday.

Kermas bullish on growth prospects despite chrome downturn.

The sale earlier this year by resources companies BHP Billiton and Anglo American of their respective holdings in Samancor Chrome to the relatively unknown Anglo-Russian Kermas group caused something of a stir in the mining community.

Ferrochrome cutbacks

A worldwide slowdown in the production of stainless steel has led to a decision by South African company Samancor Chrome to cut down on production of ferrochrome.

Samancor to cut back ferrochrome output

A worldwide slowdown in the production of stainless steel has led to a decision by South African company Samancor Chrome to cut down on production of ferrochrome.