Ruuki/Kermas JV extends offer period for Chromex

Synergy Africa, a joint-venture between Finnish group Ruukki and UK-based investment holding company Kermas, is still awaiting the approval of the South African Competition Commission for its £37-million acquisition of Chromex. The Commission...

Ruukki-Kermas JV extends offer for Chromex

Synergy Africa, a joint venture (JV) between Finnish group Ruukki and UK-based investment holding company Kermas, has extended the deadline of its £37-million cash takeover offer for Chromex Mining to November 29. Synergy Africa, which was...

Chromex reports H1 loss, but says market fundamentals picking up

Aim-listed Chromex Mining on Tuesday reported a loss of £399 000 for the interim period ended March 31, 2010, as compared with a £81 000 profit for the same period last year. But the company said that it remained confident of a financial...

Daily podcast – February 9, 2010

Chromex Mining restarts mining at its Stellite opencast chrome mine, in South Africa; and a key rail line in Australia's major coking coal region has been partially reopened.

Chromex restarts mining at Stellite as prices improve

Aim-listed Chromex Mining has restarted mining at its Stellite opencast chrome mine in South Africa. The company noted in a statement on Tuesday that improved pricing and chrome market conditions had led to the drawdown of its run-of-mine (ROM)...

Ferrochrome sector likely to stabilise by third quarter - analyst

South Africa’s ferrochrome industry – heralded for producing about three- quarters of the world’s supply of the anticorrosive alloy – hit a slump in 2008, which spurred an unprecedented shutdown of operations in the country. At present,...

Yes, I think ferrochrome will definitely stabilise by third quarter – Cadiz’ Peter Major

South Africa’s ferrochrome industry - heralded for producing about three quarters of the world’s supply of the anti-corrosive alloy- hit a slump in 2008, which spurred an unprecedented shutdown of operations in the country. At present, only...

Stellite mine processing facility, South Africa

The project involves the construction of a new processing facility at Chromex Mining's Stellite chrome mine.

Chromex to build new processing facility at SA mine

Aim-listed Chromex Mining has finalised plans to construct a new processing facility at its Stellite chrome mine in South Africa, where it would temporarily reduce output. The new plant was expected to be fully commissioned by the end of April,...