Rand offsets weaker prices for platinum, chrome producer Tharisa

Weaker dollar platinum group metals (PGMs) and chrome prices in the three months to end March were partially offset by local currency decline which lifted the rand prices, JSE-listed and Cyprus-domiciled Tharisa reported on Thursday.

Wednesday, April 13, 2016

Armco Metals Holdings, Inc. Receives Notice of Non-Compliance With NYSE MKT Continued Listing Requirements

Frank Smeenk the President and CEO of KWG Resources, one of three leading mining companies vying for opening up the mineral rich but inaccessible track in Northwestern Ontario known as the Ring of Fire, believes in finding solutions to seemingly intractable pr...

Wednesday, April 13, 2016

Armco Metals Holdings, Inc. Receives Notice of Non-Compliance With NYSE MKT Continued Listing RequirementsIFM creditors to vote on amended BRP, acquisition price lowered to R520m

Creditors of International Ferro Metals (IFM) will, on March 24, vote on an amended business rescue plan (BRP) for subsidiary IFM South Africa (IFMSA), with the BRP outlining a decrease in the purchase price payable by Samancor Chrome to an estimated R520-mill...

Wednesday, April 13, 2016

Geochemical mapping of KZN leads to discovery of new target zones

Council for Geoscience (CGS) has carried out a semiregional geochemical survey of the Tugela Terrane, in KwaZulu-Natal, which has resulted in the delineation of several new target areas for follow-up studies and a few geological anomalies near to known mineral...

Wednesday, April 13, 2016

Nava Bharat Ventures Gains after Signing Pact with Tata Steel for Chrome Ore Conversion

Nava Bharat Ventures rose 1.66% at Rs 165 at 10:10 IST on BSE after the company said that it has entered into an agreement for renewal of conversion arrangement of chrome ore into ferro chrome with Tata Steel.

Monday, April 11, 2016

Chrome ore: Firms Deek Export Duty Re-Imposition

Ferro chrome producers such as Jindal Stainless and Visa Steel have urged the government to re-impose 30% export duty on chrome ore as India’s insufficient reserves have been depleting fast.Chrome ore is used for production of ferro chrome, an important raw m...

Monday, April 11, 2016

Nava Bharat, Tata Steel in Pact for Chrome Ore Conversion

Nava Bharat Ventures Ltd has entered into an agreement with Tata Steel Limited for a period of 4 years commencing from April 2016 for conversion arrangement of Chrome Ore into Ferro Chrome. This is a renewal agreement.

Thursday, April 7, 2016

Zim Searches for High Chrome Niche Markets

ZIMBABWE is now looking for niche markets for high chrome grade to minimise the impact of subdued prices of the commodity on the international markets, an official has said. Zimbabwe’s chrome exports have remained subdued, since Government lifted the export b...

Wednesday, April 6, 2016
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