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Assore earnings down on global iron-ore, manganese oversupply

Base mineral and metals mining company Assore, which released financial results for the 12 months to June 30 on Wednesday, reported 11.7% lower headline earnings to R1.7-billion for the financial year.

Thursday, September 8, 2016

Assore turns a corner

Diversified mining company Assore has survived the storm of last year’s iron-ore price crash, recording a 16% increase in earnings to R1.49 billion for the year ended June 30 2016. Compared to its 2015 financial results, when the company incurred impairments ...

Thursday, September 8, 2016

Sail to acquire 90% of Chrometco

JSE-listed Chrometco has entered into conditional agreements with commodity trading company Sail Minerals that will result in Sail acquiring just less than 90% of Chrometco.

Friday, September 2, 2016

Chrome output becoming ‘strategic’ for Northam Platinum

Chrome ore is becoming increasingly strategic for platinum mining company Northam Platinum.

Tuesday, August 30, 2016

Jubilee’s DCM Project Continues to Outperform

Junior platinum mining and exploration company Jubilee Platinum’s decision to bring two chrome and platinum group metal (PGE) projects online, is seemingly paying off, with the first of those projects already exceeding expectations.

Monday, August 22, 2016

Noront Expects Ring of Fire Road Funding Announcement Soon

With a funding announcement for a permanent Ring of Fire road expected shortly, Toronto-based Noront Resources is enlarging its land package in the James Bay camp and is devising a multiple mine development plan.

Wednesday, August 10, 2016

Odisha Mining Corporation to scale up ore production to 8.64 MT

The State run Odisha Mining Corporation (OMC) has set a revised target to produce 8.64 million tonnes of iron ore and chrome in the current financial year.

Monday, August 8, 2016

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.

Wednesday, July 13, 2016