Mineral benefication the way to go, says minister

MINES and Mining Development Minister Walter Chidhakwa says revitalising the economy requires more investment in value addition and beneficiation of natural resources so as to increase earnings.

Saturday, October 8, 2016

Govt, industry collaboration key to preserving strategic value

There is a very clear need for government and industry to come together to address the problems facing South Africa’s mining industry, particularly its chrome sector, say global energy and resource specialist consultancy Venmyn Deloitte MDs Andy Clay and Chri...

Saturday, October 8, 2016

Bear acquisition adds FeV, FeMo to Yildirim portfolio

Chrome veteran Robert Yildirim bought Bear Metallurgical to expand into new ferro-alloys markets, the Turkish billionaire told Metal Bulletin as he hinted at future acquisitions.

Tuesday, September 13, 2016

Zimasco: Inside the smoke and mirrors corporate raiding game

IN the wake of rejection, Portnex went back to the drawing board. What would follow was an excellent stratagem to engineer a take-over. This time, with the help of the legal system, writes Zimbabwe Independent’s business editor Chris Muronzi in this third ins...

Monday, September 12, 2016

Portnex operations shut down

SMELTING operations at Zimbabwe Mining and Smelting Company (Pvt) Ltd (Zimasco) West Plant, which is being leased to Portnex International, were shut down on Thursday last week after Zimbabwe Electricity Supply Authority switched off the company for disregardi...

Monday, September 12, 2016

India: Domestic steel industry’s capacity utilisation to rise by 5% in FY17

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...

Monday, September 5, 2016

MEPS predicts modest upturn in global stainless steel prices

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...

Friday, September 2, 2016

Japanese domestic steel orders declined; exports edged higher

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.

Thursday, September 1, 2016
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