Merafe Set to Benefit from SA’s Reduced Ferrochrome Production
AS SOUTH Africa regained its top spot as the world’s biggest ferrochrome producer, Merafe Resources, the junior partner in the Glencore-Merafe Chrome Venture, said the venture was well placed to take advantage of improved demand and reduced output in the coun... |
IMFA Ramps up Output as Ferro Chrome Demand Firms up
India's leading producer of value added ferro chrome Indian Metals & Ferro Alloys Ltd (IMFA) has scaled up output buoyed by a rebound in demand for ferro chrome. |
Merafe Resources’ Share Price Drops on Earnings Warning
MERAFE Resources’ share price fell 8.42% to 87c on Tuesday morning after the ferrochrome producer warned shareholders its interim earnings were expected to halve. |
Weak Exchange Rate Cools Off Merafe
Listed ferrochrome producer Merafe Resources expected its basic and headline earnings a share for the six months to June to be between 48 percent and 60 percent lower than in the previous corresponding period, it said yesterday. |
Tata Steel KZN finally sold
Durban - A bidding war between two companies to buy out the “hopelessly insolvent” Richard’s Bay-based Tata Steel KZN has been put to bed with a ruling by a Durban High Court judge sanctioning its sale to an international metals merchant with mining interes... |
Armco Metals Holdings, Inc. to Delist Its Common Shares From NYSE MKT
Armco Metals Holdings, Inc. (nyse mkt:AMCO) (the "Company" or "Armco") has provided formal notification to the NYSE MKT that it is voluntarily delisting its common stock from the Exchange and will transfer trading of its common stock to the OTCBB/Pink Sheets. |
Samancor acquisitions get Competition Commission nod
THE Competition Commission has approved without conditions the merger between Samancor Chrome, International Ferro Metals SA, and Sky Chrome Mining. |
‘Lower Power Tariffs Key to Base Metal Industry Growth’
[Ferro-Alloys.com]LOWER power tariffs are key to sustainable growth in the base metal industry particularly the chrome sector, Chamber of Mines vice-president, Batirai Manhando has said. |
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