Glencore in $2.5bn Equity Raising, $10bn Capital Preservation, Debt Cutting

Global commodities mining and marketing company Glencore on Monday announced a fully committed proposed equity capital raising of up to $2.5-billion alongside additional $10.2-billion capital preservation and debt reduction measures, portfolio optimisation a...

Wednesday, September 16, 2015

Zimbabwe: Govt Creates SPV for Chrome Ore Trading

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.

Thursday, September 10, 2015

The 6th MnCrNi &Ssteel Conference

The 6th MnCrNi &Ssteel Conference Dear Delegates: The 6th Manganese, Chrome and Nickel &Ssteel Conference, organized by Ferro-Alloys.com and supported by Shandong Taishan Steel Group Co.,Ltd will be held on October 28th-30th, 2015, in Laiwu City, Sh...

Tuesday, September 8, 2015

ARM Trims Capex

DAGGERS have been drawn against Mines and Mining Development Minister Walter Chidhakwa for abetting the unending cash crunch by failing to put in place measures that will allow licensed chrome producers to resume chrome ore exports, undermining a potentially p...

Monday, September 7, 2015

Chidhakwa Sleeps On the Job

DAGGERS have been drawn against Mines and Mining Development Minister Walter Chidhakwa for abetting the unending cash crunch by failing to put in place measures that will allow licensed chrome producers to resume chrome ore exports, undermining a potentially p...

Monday, September 7, 2015

TISCO Lowered Its Tender Price for HC FeCr in September

[Ferro-Alloys.com]TISCO settled its tender price for high-carbon ferrochrome in September at RMB5,950/MT Cr 50% basis, delivered price VAT by cash, down by RMB100/MT Cr 50% basis

Wednesday, September 2, 2015

Ore Starved Steel Units in Odisha Seek CM's Intervention

Steel makers in the state battling steep ore prices and exorbitant transportation cost have sought the intervention of chief minister Naveen Patnaik to overcome their woes.

Monday, August 31, 2015

Assore Earnings Nose-Dive amid Weak Iron, Steel Environment

“Substantially” lower iron-ore and manganese prices and challenging operating conditions have contributed to JSE-listed Assore posting lower headline earnings and profit for the 2015 financial year. Headline earnings were down 53.3% to R2-billion, compared w...

Thursday, August 27, 2015
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