South African

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me-metals: South African miner Sibanye Stillwater has struck a $500 million streaming agreement with Franco-Nevada Corp, Sibanye said on Thursday, as it seeks to boost its finances after a slump in platinum group metal (PGM) prices.
News ID: 11579    Publish Date : 2024/12/20

me-metals: Desperate relatives of possibly hundreds of illegal miners stuck underground in a disused mine shaft in South Africa waited outside the site on Friday in the hope that their loved ones would emerge safely.
News ID: 11473    Publish Date : 2024/11/16

me-metals: Paris – Eramet has bought out Chinese partner Tsingshan in a lithium project in Argentina that is about to begin production, the French miner said on Thursday.
News ID: 11403    Publish Date : 2024/10/24

India's extension of its nationwide lockdown has further dented the near-term prospects of recovery for thermal coal and petroleum coke imports, with several consuming industries reluctant to ramp up operations amid weak demand.
News ID: 9303    Publish Date : 2020/05/04

All of South Africa's open cast mines can resume full production once the country's Covid-19 lockdown period ends on 30 April, while all other mines will operate at 50pc of capacity.
News ID: 9226    Publish Date : 2020/04/24

Recently the continuous decline in both overseas and domestic offers of RSA concentrates has led 40-42% concentrate down to USD 122-125/CIF. However, the price expectation between sellers and buyers are existent whereas the former is set to accept USD 120 while the latter is looking at USD 115.
News ID: 8815    Publish Date : 2020/03/17

Imported scrap trades to India witnessed some improvement this week, with several container bookings for HMS scrap being concluded in the western region on account of the domestic market showing improvement in billet sales and prices. Although offers continued to rise with the ongoing uptrend, market participants expect further improvement in buying activities from Jan’20 onwards amid positive signs from the finished steel market.
News ID: 8138    Publish Date : 2019/12/27

-- South African coal exports have witnessed slight decline during the first 10-months of CY’19 (Jan-Oct’19) noted at 64.68 MnT, as against 65.42 MnT in preceding year. Apparently, export volumes have been affected by a tight supply in the domestic market, with buyers offering higher prices than those on the seaborne market which have limited South African coal exposure to exports.
News ID: 8025    Publish Date : 2019/12/16

South African Carbonate Ore prices dipped by 65 cents/dmtu to USD 3.65/dmtu CIF India, December shipments. Prices have been falling down since the start of this month, but the fall is lower than expected as the prices are now two years low and further fall is still expected.
News ID: 7114    Publish Date : 2019/10/29

Manganese Ore imports increased by more than double in Sep'19 M-o-M in line with the delayed shipments. Normally, it takes about two months to receive a shipment post confirmation of the orders.
News ID: 6985    Publish Date : 2019/10/16

UK- South African mining firm Anglo American increased its metallurgical coal production by 22pc on the year in the third quarter on higher wash plant throughput.
News ID: 6829    Publish Date : 2019/10/22

BP and Shell created this month a first batch of 0.5pc sulphur marine fuel oil at their 180,000 b/d joint venture Sapref refinery in Durban, South Africa, and they will start supplying it in the nearby port from November.
News ID: 6718    Publish Date : 2019/10/18

Indian iron ore imports for the month of Aug’19 have been recorded nil, according to the data maintained by SteelMint. The imports have dropped to nil after 4 years as this level was last witnessed in Oct’15. Indian iron ore imports in July’19 stood at 51,470 MT.
News ID: 6378    Publish Date : 2019/09/04

Eskom Holdings SOC Ltd. is challenging the South African energy regulator in court over a tariff increase the state-owned utility says isn’t sufficient, Mining Weekly reports, citing court papers.
News ID: 5521    Publish Date : 2019/07/28

Dubai’s DSA Investments is considering forming a venture with a South African labor union to bid for coal assets that Glencore Plc was pressured into selling to a company controlled by the politically-connected Gupta family in 2015.
News ID: 5518    Publish Date : 2019/07/28

UK- South African mining firm Anglo American has approved the $266mn Aquila project that will extend the life of its Grasstree underground coking coal mine in Queensland, Australia by six years to 2028.
News ID: 5492    Publish Date : 2019/07/25

According to market sources report to SteelMint, inquiries for imported South African lumps to India has dropped amid soaring prices caused due to global price hike. Although no firm offers/bids were heard but assessment for South African lump to India is learned to be around USD 134-135/MT, CNF Kandla, up as against USD 125/MT, CFR Kandla in last month.
News ID: 4955    Publish Date : 2019/07/01

Lonmin Plc plans to cut 4,100 workers at mines that have run out of profitable ore and are being closed.
News ID: 4613    Publish Date : 2019/05/21

South Africa's Competition Appeal Court said Friday that Sibanye-Stillwater's (JSE:SGL) (NYSE:SBGL) planned takeover of Lonmin (LON:LMI) could go ahead, clearing the way for shareholders to vote on the transaction that would create the world's second-largest platinum producer.
News ID: 4582    Publish Date : 2019/05/19

Indian Silico Manganese prices remained unchanged for Durgapur. However prices fell by INR500/MT in Raipur amid persistent low demand.
News ID: 4087    Publish Date : 2019/03/19

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