Oversea related median assessed the spot price of silicomanganese at $760-$770/mt CIF Japan Thursday, down from $795-$810/mt a week earlier, as sellers in India lowered offers.
The Zambian mining sector is reeling from the effects of the global commodity-demand slowdown, which is mainly attributed to lower demand from China, and lower copper prices, says strategy and communications consultancy africapractice regional analyst Sinethem...
Government has created a special purpose vehicle to facilitate buying and selling of chrome ore from small-scale miners following the lifting of export ban on the mineral.
As anticipated yesterday, Anglo American (LON:AAL) has announced a $330 million deal with the country’s top gold producer Sibanye (NYSE:SBGL) (JSE:SGL) that will allow it to offload three of its loss-making platinum mines in South Africa.
SOUTH32, the BHP Billiton spinoff, suffered its first setback less than a month after debuting in Johannesburg saying it may write-down the value of its 60% stake in its Samancor manganese joint venture.