Global insight

Major South African Assets Fail to Make Cut in BHP Billiton Portfolio Remake

Major South African asset classes have failed to make the cut in BHP Billiton’s latest portfolio remake announcement

Monday, August 18, 2014

CSC plans to hike stake in Sakura Ferroalloys in Malaysia

China Steel Corp (CSC, 中钢), the nation’s only integrated steel maker, plans to increase its investment in Malaysia-based Sakura Ferroalloys Sdn Bhd by US$13.87 million to replenish the latter’s working capital.

Monday, August 18, 2014

Tata says steel sales disruption from court-enforced Odisha iron ore halt 'minimal'

ndia's Tata Steel Group said Wednesday the suspension of iron ore mining operations in Odisha for two weeks during the April-June quarter due to an interim order by the Supreme Court of India caused "minimal" disruption to steel sales from Jamshedpur steel wor...

Friday, August 15, 2014

Shaw River Secures Loans for Namibian Manganese Project

ASX-listed junior Shaw River Manganese has secured up to A$8-million under two separate loan facilities with Bryve Resources to advance its Otjozondu manganese project, in Namibia.

Friday, August 15, 2014

Merafe FeCr sales and Profit Increased in H1,2014

]Merafe Resources posted a sharp increase in interim profit, with higher sales of ferrochrome, the feedstock for stainless steel production.The company said on Aug.12 2014 that revenue was 35% higher at R1.99bn as a result of a 25% increase in ferrochrome sale...

Friday, August 15, 2014

Merafe to Cut Debt and Pay Dividends

MERAFE Resources’ share price jumped 10% to R1.42 on Tuesday after it declared an interim dividend of 1.12c per share.

Thursday, August 14, 2014

Minco Plans Maritime Manganese Mine

Dublin-registered Minco PLC (LSE: MIO) is planning to produce high grade manganese from its Woodstock project in New Brunswick for 25% below the industry’s average cost, and supply the North American and European steel markets that rely on increasingly fragme...

Thursday, August 14, 2014

Gibson in Talks with Mary Valley Manganese Explorer

PERTH-based manganese exploration company Eclipse Metals Ltd has followed up optimistic results from its Mary Valley tenements by significantly expanding its Gympie region territory.

Thursday, August 14, 2014
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