Zimasco Cedes Chrome Claims to Govt

Zimbabwe’s largest ferrochrome producer, Zimasco has ceded 50 percent of its chrome claims to Government to enable new investors to explore the chrome mining sector, a senior company official said. The move is in line with a directive that was issued by Gover...

Monday, April 18, 2016

Rand offsets weaker prices for platinum, chrome producer Tharisa

Weaker dollar platinum group metals (PGMs) and chrome prices in the three months to end March were partially offset by local currency decline which lifted the rand prices, JSE-listed and Cyprus-domiciled Tharisa reported on Thursday.

Wednesday, April 13, 2016

Geochemical mapping of KZN leads to discovery of new target zones

Council for Geoscience (CGS) has carried out a semiregional geochemical survey of the Tugela Terrane, in KwaZulu-Natal, which has resulted in the delineation of several new target areas for follow-up studies and a few geological anomalies near to known mineral...

Wednesday, April 13, 2016

Nava Bharat Ventures Gains after Signing Pact with Tata Steel for Chrome Ore Conversion

Nava Bharat Ventures rose 1.66% at Rs 165 at 10:10 IST on BSE after the company said that it has entered into an agreement for renewal of conversion arrangement of chrome ore into ferro chrome with Tata Steel.

Monday, April 11, 2016

Chrome ore: Firms Deek Export Duty Re-Imposition

Ferro chrome producers such as Jindal Stainless and Visa Steel have urged the government to re-impose 30% export duty on chrome ore as India’s insufficient reserves have been depleting fast.Chrome ore is used for production of ferro chrome, an important raw m...

Monday, April 11, 2016

Zim Searches for High Chrome Niche Markets

ZIMBABWE is now looking for niche markets for high chrome grade to minimise the impact of subdued prices of the commodity on the international markets, an official has said. Zimbabwe’s chrome exports have remained subdued, since Government lifted the export b...

Wednesday, April 6, 2016

Bauba Platinum expects higher half year earnings

The start-up of Bauba Platinum’s Moeijelijk chrome project, in the North West, has contributed to an increase in earnings per share and headline earnings per share.

Wednesday, March 16, 2016

Duty Waiver Fails to Cheer Iron Ore Exporters

The cut in export duty on low grade iron ore lumps and fines (Fe content less than 58%) has not perked up exporters. Federation of Indian Mineral Industries (Fimi), a premier body of the mining industry, feels the duty cut announced in the Budget would at best...

Tuesday, March 8, 2016
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