Business Movement

Alcoa signs up more gas in WA

Thu, 13 Dec 2018 03:42:00 GMT
Aluminium major Alcoa has secured three new gas supply agreements that will supply 25% of the company’s Western Australian gas requirements from 2020. Alcoa has struck agreements with provide...
Tags: Silicon MetalFerro Silicon

Amplats finalises R1.8bn Bafokeng Rasimone JV interest sale to RBPlat

Thu, 13 Dec 2018 03:40:00 GMT
Anglo American Platinum’s (Amplats’) subsidiary Rustenburg Platinum Mines (RPM) has completed the disposal of its 33% interest in the Bafokeng Rasimone Platinum Mine joint venture (JV) ...
Tags: Chrome Ore

RPM writes off Atlatsa debt; Atlatsa to go private

Thu, 13 Dec 2018 03:36:00 GMT
Atlatsa and Rustenburg Platinum Mines (RPM) have entered into an agreement that will result in RPM acquiring the resources in Atlatsa’s Kwanda North and Central Block prospecting rights, for ...
Tags: Chrome Ore

BHP stuck with small copper mine as would-be buyer backs out

Thu, 13 Dec 2018 03:31:00 GMT
The sale of BHP Group’s smallest copper mine in Chile has been called off after the would-be buyer, EMR Capital Advisors, failed to come up with the money on time. The two parties ended their...
Tags: Base MetalsCopper Ore

JSW crude steel output grows 2% to 13.9 LT in Nov

Thu, 13 Dec 2018 03:12:00 GMT
Sajjan Jindal-led JSW Steel on Wednesday said its crude steel output grew 2 per cent to 13.90 lakh tonnes (LT) during November this year. The company had produced 13.62 LT crude steel in November 2...
Tags: Steel

TNG to raise $850m for Mt Peake project in Northern Territory

Thu, 13 Dec 2018 02:38:00 GMT
TNG has appointed a German company to arrange a $US600 million ($850 million) debt raising for its Mount Peake project in the Northern Territory. KfW IPEX-Bank will act as TNG’s senior debt a...
Tags: Titanium Ore

BHP unveils first autonomous drill at South Flank

Thu, 13 Dec 2018 02:36:00 GMT
BHP’s introduction of autonomous equipment at the $4.5 billion South Flank iron ore project in the Pilbara is under way. The miner’s first autonomous drill rig, an Epiroc Pit Viper 271,...
Tags: Iron Ore

Dhamma Energy sells 130MW PV project in Mexico to ENGIE

Thu, 13 Dec 2018 02:33:00 GMT
PV developer Dhamma Energy has sold a 130MW PV project located in the northern Mexican state of Sonora to French energy group ENGIE. The installation, which has yet to be constructed, will provide ...
Tags: Silicon Metal

Epiroc autonomous drill gets working on BHP’s South Flank iron ore project

Thu, 13 Dec 2018 02:30:00 GMT
The first autonomous Epiroc Pit Viper 271 drill rig has broken ground at BHP’s South Flank iron ore project in Western Australia, the mining major confirmed. This is the first of five autonom...
Tags: Iron Ore

20,700 Shares in Ferroglobe PLC Purchased by RBF Capital LLC

Thu, 13 Dec 2018 02:17:00 GMT
RBF Capital LLC acquired a new position in Ferroglobe PLC (NASDAQ:GSM) during the third quarter, according to its most recent disclosure with the Securities Exchange Commission. The fund acquired 2...
Tags: Ferro ManganeseSilicon MetalSilicon Manganese