South Africa: Merafe Puts R181m in Ferrochrome Venture[12-21-2007]
EMPOWERMENT mining company Merafe Resources, which is part of a ferrochrome joint venture with Xstrata, would take a 20,5% stake in an associated project for R181m, it said yesterday.
Merafe has a 20,5% stake in the joint venture and its recent expansion project, Proje......
Ferrochrome prices may increase 50% on rising demand[12-21-2007]
Ferrochrome prices might rise as much as 50 percent next year from a current record level, Samancor Chrome said on Friday.
Low stocks, the absence of new production capacity, rising demand from China and surging costs in top producer South Africa would push prices higher, said......
Sinosteel buys Zimbabwe ferrochrome mining company[12-21-2007]
Shanghai - Chinese mining and trading group Sinosteel Corp. agreed to buy Zimasco Consolidated Enterprises Ltd, the holding company for Zimbabwe's largest ferrochrome producer, for an undisclosed amount, Sinosteel said. Zimasco produces 210,000 tonnes of high carbon ferro......