R/€ = 15.73 Change: -0.10
R/$ = 13.84 Change: -0.12
Au 1281.31 $/oz Change: -12.55
Pt 794.99 $/oz Change: -8.87


Difficulties continue for Afarak in Q3

By: Simone Liedtke     16th November 2018 Industry seasonal effects, coupled with some internal adversities, primarily in the ferro-alloys segment, continue to make this a difficult year for specialty alloys producer Afarak. During the company’s third-quarter period, ended September 30, the benchmark price for ferrochrome fell further,... 

African Sun Mining pursues opportunities at Junior Indaba

By: Donald Makhafola     25th May 2018 Owing to the current high prices of commodities, wholly black-owned, Pretoria-based opencast mining contractor African Sun Mining hopes to liaise with mining companies, which are prepared to start new projects, during this year’s Junior Indaba to be held from June 5 to 6 at the Johannesburg... 

Afarak Mogale to increase ferrochrome production

By: Anine Kilian     20th April 2017 Aim-listed Afarak’s Mogale operation is now using all its operating furnaces to produce ferrochrome following the successful transition of a second furnace from silicomanganese to ferrochrome.  Prior to December 2016, Mogale only had one furnace dedicated to ferrochrome.  Owing to improved market... 

Afarak upbeat on prospects for 2017 after tough 2016

By: Anine Kilian     17th February 2017 After a difficult trading 2016 financial year, LSE-listed Afarak says it is well-positioned to benefit from an upswing in the market that started in the three months ended December 31. The group on Friday posted earnings before interest, taxes, depreciation and amortisation of €5.5-million for... 


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