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...

With its focus maintained on its dump retreatment operations, Aim-listed Sylvania Platinum is considering placing its Grasvally chrome exploration project up for sale during the 2016 financial year. The platinum group metals (PGMs) producer expected to complet...

THE ZIMBABWE MINERS Federation (ZMF) says Government is negotiating with ZimAlloys and Zimasco for the release of chrome claims along the Great Dyke in a move that is aimed at empowering tributaries following the lifting of the ban on raw chrome exports. ZMF c...

VICE-PRESIDENT Emmerson Mnangagwa says government will soon launch a special purchase vehicle (SPV) to enable it to buy chrome ore directly from miners and smelters at international market prices and sell it to Russia for maximum benefit to the country.

ICE PRESIDENT Emmerson Mnangagwa has implored the Zimbabwe Mining and Smelting Company (Zimasco) and ZimAlloys to use the chrome ore reserves they have across the country or risk losing them. Addressing people gathered for the official opening of Dazzle Supers...

Armco Metals Holdings, Inc. ("Armco Metals Holdings" or "the Company") (NYSE MKT:AMCO), a U.S. based company that engages in the import, sale, and distribution of metal ore and non-ferrous metals in the People's Republic of China, recycles scrap metals used by...

Armco Metals Holdings, Inc. ("Armco Metals Holdings" or "the Company") (NYSE MKT:AMCO), a U.S. based company that engages in the import, sale, and distribution of metal ore and non-ferrous metals in the People's Republic of China, recycles scrap metals used by...