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Minerals Council South Africa should now publish national chrome strategy as platinum strategy follow-on

By: Martin Creamer     22nd March 2019 Maximising South Africa’s platinum group metals (PGMs) endowment through the development of a national platinum strategy is key and Minerals Council South Africa must take a bow for publishing its 14-page PGMs roadmap. Now it should do the same thing for South Africa’s chrome ore endowment, in... 

Horizonte reports positive results from Vermelho testwork

By: Creamer Media Reporter      14th March 2019 Metallurgical and smelting test work conducted on dual-listed Horizonte’s Vermelho nickel/cobalt project has returned positive results, confirming the project’s potential to produce high-grade, commercial specification ferronickel from saprolite and transition ore. Vermelho is Horizonte’s second... 

Merafe declares record dividend on lower profit, higher output

By: Martin Creamer     11th March 2019 Chrome and ferrochrome company Merafe, which on Monday reported lower profit on higher production, has declared a record dividend that represents a distribution of 51% of headline earnings. The ungeared company had net year-end cash of R281-million and the R200-million unsecured, three-year... 

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