Nickel miner Panoramic has widened its losses for the 2015 financial year, as bottom-line figures were affected by lower production and declining revenues.

Standard & Poor’s warned on Monday it was likely to revise the credit ratings for some miners over the next week after cutting its price forecasts for aluminium, copper, zinc, nickel and gold and said it expected prices to remain volatile.

Steel makers in the state battling steep ore prices and exorbitant transportation cost have sought the intervention of chief minister Naveen Patnaik to overcome their woes.

Shares in Freeport-McMoRan (NYSE:FCX) soared Thursday morning after the copper and gold miner said it would capital spending plans for 2016 by 29%, and reduce its U.S.-based workforce by about 10%.

Prefabricated building supplier Speedspace delivered 4,256 m2 of mobile preassembled building solutiongs to Botswana government-owned nickel and copper producer BCL last month.

ASSORE paid a final dividend of R3 per share despite a tough year in which profits were eroded by weak commodity prices, particularly in iron ore and manganese.

“Substantially” lower iron-ore and manganese prices and challenging operating conditions have contributed to JSE-listed Assore posting lower headline earnings and profit for the 2015 financial year. Headline earnings were down 53.3% to R2-billion, compared w...

Government is working on a Statutory Instrument that will provide legal modalities for exporting chrome ore, Deputy Mines and Mining Development Minister Fred Moyo said.