The Chamber of Mines Zimbabwe (CoMZ) says some operators in key sub-sectors of the mining industry have heeded Government's call for investment in beneficiation of minerals.
MERAFE Resources, a ferrochrome producer in a joint venture with Glencore, said yesterday that 2021 had been a year of recovery as financial and operational improvement was bolstered by the high demand for ferrochrome.
The low chrome ore price has forced Samancor Chrome to consider job cuts, which could affect as many as 280 employees, Solidarity said on Friday. “Despite the implementation of several measures at all our business units, the decrease of the ferrochrome market...
The business rescue plan recommending the sale of London-listed International Ferro Metal’s (IFM’s) embattled South African subsidiary has been approved by creditors. The business rescue practitioner for the ferrochrome producer would now seek to negotiate a...