Zimbabwe’s largest ferrochrome producer, Zimasco, has approached the High Court seeking to be placed under judicial management. The company identified Grant Thornton managing partner Reggie Saruchera as the judicial manager.

Dual-listed Afarak Group subsidiary Turk Maadin Sirketi (TMS) has been granted the exploitation mining licence for its Turkey-based Eagle Field chrome project. TMS would now investigate the most appropriate time to bring the mine into production to ensure that...

Burdened with huge volume of loans and hostile macroeconomic factors, steel producers have sought a financial package from the Centre that allows debt restructuring.

Deputy Mines and Mining Development Minister Fred Moyo yesterday said chrome ore exports are moving at a "very slow" pace due to continued fall in global prices.

Project developer KWG Resources is looking towards the Far East to secure funding for its proposed 340 km rail corridor that it believes holds the key to unlocking the vast mineral wealth of the James Bay Lowlands of Northern Ontario. “The reason why KWG is l...

The Sukinda Chromite Mine (SCM) of Tata Steel at Jajpur in Odisha has become the first mine in India to roll out a pilot project on Sustainable Development Framework (SDF), a concept proposed and promoted by Union mines ministry for the development of culture ...

Sukinda Chromite Mine (SCM) of Tata Steel, situated in Jajpur district of Odisha, achieves the rare honour of becoming the first mine in India to roll out a pilot project on Sustainable Development Framework (SDF), a concept proposed and promoted by Ministry ...

Afarak Group Plc ("Afarak" or "the Company") (LSE: AFRK, OMX: AFAGR) refers to its announcement from 2nd January 2015 regarding the sale of saw mill equipment and announces that it has concluded further agreements for the sale of parts of the saw mill equipmen...