R/€ = 15.68 Change: -0.04
R/$ = 13.45 Change: -0.02
Au 1267.72 $/oz Change: -0.38
Pt 878.00 $/oz Change: 13.83


Independent committee says Pallinghurst’s offer ‘significantly’ undervalues Gemfields

By: Creamer Media Reporter      31st May 2017 An independent committee set up by Gemfields to evaluate Pallinghurst Resources’ unsolicited offer to acquire the remaining interest in the company it does not already own, has said the offer “significantly” undervalues Gemfields, its assets and its leading position in the coloured gemstone... 

208-wagon power train leaves for PE

By: Natasha Odendaal     14th September 2012 The first distributed power train carrying a load of manganese was expected to arrive in Port Elizabeth on Friday evening, completing its 1 085 km maiden trip, said emerging manganese miner Tshipi é Ntle CEO Finn Behnken. The test train, which left Tshipi’s new rail siding at its Tshipi Borwa... 

Power costs, Chinese slowdown to weigh on manganese industry

By: Megan van Wyngaardt     7th September 2012 South Africa would remain the base load supplier of manganese ore for many years to come, although the next two to five years would be challenging for the local industry, United Kalahari Manganese CEO Johan Kriek said on Friday. Speaking at the Metals Bulletin Events’ fifth South African... 

Transnet compiling first-ever distributed power train for manganese

By: Martin Creamer     7th September 2012 Transnet is compiling the first-ever distributed power train for manganese, made up of 208 wagons. The train will be loaded at the newly completed rail siding of black-controlled emerging manganese miner Tshipi é Ntle’s new project, near Kathu, in the Northern Cape. 


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