Weak Prices Hurt Merafe

[Ferro-Alloys.com]Merafe Resources said on Monday that the weakening price of ferrochrome coupled with higher costs would hit basic earnings, resulting in a slump in its latest interim period.

Thursday, July 23, 2015

Prices, Expenses Drive 48% Dip in Merafe H1 Earnings

[Ferro-Alloys.com]Black-managed Merafe Resources is bracing for an up to 48% slump in basic earnings per share (BEPS) for the six months ended June 30, informing the market on Monday that the decrease in net ferrochrome prices and an increase in expenses was e...

Wednesday, July 22, 2015

Zimbabwe: Unki Platinum Mine Production Up

[Ferro-Alloys.com]UNKI mine produced 16 000 equivalent refined platinum ounces in the second quarter to June 30, 2015, about 7 percent higher than the comparative period last year, the company has said.

Wednesday, July 22, 2015

Merafe’s Profitability Slides

[Ferro-Alloys.com]Merafe Resources says basic earnings per share for the six months to June will drop by between 41% and 48% to 4.7c and 5.3c.

Wednesday, July 22, 2015

Exciting Times for Chrome Miners…As China Places $400 Million Order

[Ferro-Alloys.com]A CHINESE company, Tsingshan Iron and Steel Group, has placed an order for four million tonnes of chrome ore worth about $400 million from small-scale miners in Zimbabwe following the recent lifting of a ban on raw exports of the mineral, a C...

Thursday, July 16, 2015

[Conference]HBIS Attended Ulan Qab Ferro-Alloys and Calcium Carbide Production and Investment Summit

[Ferro-Alloys.com] Hebei Iron & Steel Group, the largest steel producer in China and the third largest steel mill with production of 47 million tons, attended the Ulan Qab Ferro-Alloys and Calcium Carbide Production and Investment Summit on July 8-10 in Inner ...

Wednesday, July 15, 2015

Tata Steel's Lapsed Sukinda Chromite Mine May Get an Extension

The fate of Tata Steel's Sukinda chromite mine will be decided next Wednesday during a committee of the Odisha government to decide the fate of eight mines.

Monday, July 6, 2015

Odisha State Panel to Decide on Sukinda Mine's Captive Status Next Week

The fate of Tata Steel's Sukinda chromite mine will be decided next Wednesday when a committee of the Odisha government will be taking a call on eight mines.

Friday, July 3, 2015
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