Global insight
Assore Warns of Lower FY Earnings amid Lower iron, Mn Prices
JSE-listed mining holding company Assore expects its attributable earnings for the year to June 30 to decline to between R1.23-billion and R1.5-billion, from R4.01-billion in the prior financial year. |
Rocket explosion a fresh blow to asteroid mining ambitions
When an unmanned SpaceX rocket carrying cargo to the International Space Station disintegrated over the Florida coast just two minutes after lift-off Sunday, the pieces not only fell on billionaire Elon Musk's aerospace venture image, but they also clouded a f... |
Glencore to Sell Nickel Complex in Australia
Western Areas Ltd., Australia announced that the takeover contract was concluded between a subsidiary of Glencore International AG and Cosmos Nickel Complex (CNC) at the end of last week. |
Price of S. African Charge Chrome for Europe Fixed at US Cents 108
Price of S. African Charge Chrome for Europe Fixed at US Cents 108 |
Capital injections into SOEs delayed, growth may suffer
Capital injections into state-owned enterprises (SOEs) have experienced delays this year, potentially hampering growth-generating projects that had been expected to have multiplier effects on the economy. |
Royal Nickel shares jump after Dumont permit
Royal Nickel Corp. (RNX-T) stock jumped 11% on Thursday after announcing it has received the green light for its Dumont nickel project in the Abitibi region of northwestern Quebec. |
Dismal state of TSX-V in two crushing graphs
The junior mining and exploration sector always swings in the breeze, but the latest slump is unprecedented. |
Assore Buys ARM’s Stake in Chrome Mine
[Ferro-Alloys.com]South African iron ore producer Assore said on Thursday it had bought out African Rainbow Minerals's (ARM) 50-percent stake in the country's Dwarsrivier chrome mine for R450-million to take full ownership. |
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