Diversified mining company Assore has survived the storm of last year’s iron-ore price crash, recording a 16% increase in earnings to R1.49 billion for the year ended June 30 2016. Compared to its 2015 financial results, when the company incurred impairments ...

ASSORE, a diversified and tightly held mining company, increased its dividend payment after posting record annual performances in a range of minerals it produces.

Capacity utilisation of domestic steel industry is expected to pick up by about 5% in the current financial year on the back of protective measures laid down for producers to shield them from cheap imports and also because of a likely rise in demand for the co...

JSE-listed Chrometco has entered into conditional agreements with commodity trading company Sail Minerals that will result in Sail acquiring just less than 90% of Chrometco.

The MEPS world average stainless steel price is expected to extend its slow recovery due to rising raw material costs and local supply tightness in several regions. The world average price for 304 cold rolled coil increased, marginally, this month, to a figure...

The domestic steel product orders in Japan recorded marginal decline during the first half of the current year. Meantime, government trade data suggests that steel exports by the country climbed higher during July, the latest month for which data is available.

The forecast from Baoshan Iron & Steel, or Baosteel, comes at a time when China, the world’s top producer of the alloy, is stepping up efforts to slash a huge overcapacity that has boosted cheap exports amid slowing demand at home.

Zimbabwe’s largest ferrochrome producer, Zimasco, currently under provisional judicial management, has approached banks it owes $35 million for a six and half year moratorium on interest on the pre-judicial management debts.