R/€ = 15.94 Change: -0.37
R/$ = 13.76 Change: -0.33
Au 1275.19 $/oz Change: -5.11
Pt 868.50 $/oz Change: -16.98


Transnet Freight Rail anticipates economic uptick, aims to unlock intraregional collaboration 

By: Samantha Herbst     27th October 2017 Despite being at the mercy of economic uncertainty, compounded by sometimes heavily fluctuating commodity prices, State-owned rail transport company Transnet Freight Rail (TFR) has identified itself as a key economic enabler that aims to boost the South African economy by trying to unlock areas... 

Eramet expects significantly higher operating profit

By: Mariaan Webb     24th October 2017 French multinational Eramet’s operating income for 2017 is expected to exceed that of the previous year, the nickel and manganese producer reported on Tuesday, citing higher prices and productivity gains. The Euronext Paris exchange-listed miner reported operating profit of €84-million in 2016... 

Gabon seeks private partners to boost processing of minerals

By: Bloomberg     11th July 2017 Gabon, Africa’s second-biggest manganese producer, wants to partner with private companies to process most its minerals locally before exporting them, Mining Minister Christian Magnagna said. Local processing will boost the mining industry’s contribution to gross domestic product from the current... 

Meridian strikes 20 000 t/y manganese offtake deal

By: Henry Lazenby     22nd June 2017 Junior manganese producer Meridian Mining has secured an offtake agreement for about 20 000 t/y, or about one-third of the planned 2017 production of high-grade manganese from its Brazil Manganese Corporation (BMC) project. The TSX-V-listed miner said the sales contract will comprise two... 

Pallinghurst share price leaps on value unlock outline

By: Martin Creamer     19th May 2017 The share price of mining investment fund Pallinghurst leapt in Johannesburg after the company outlined its plans to swop its investment fund shawl for a diversified miner’s mantle, unlock value through full absorption of its coloured gemstone associate and target a possible listing of the... 

UMK ‘comes of age’ as it opens final infrastructure 

By: Natasha Odendaal     22nd May 2013 United Manganese of Kalahari (UMK) had “come of age” as it unveiled its now fully operational manganese mine, near Hotazel, less than 10 years after the formation of its joint venture (JV). The R1.2-billion mine, developed by a 49:51 JV between Russia-based Renova Manganese Investment and fully... 


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