ARM declared a dividend of 250 cents per share for the first half.
MANGANESE Mining News
According to the U.S. Department of Energy’s Lawrence Berkeley National Laboratory, this new state enables a high-performance, low-cost sodium-ion battery.
Burkina Faso is looking for a new partner to mine the world’s largest manganese deposit after rights disputes thwarted two earlier attempts.
Eramet is actively looking at acquisition targets after previously acquiring a lithium deposit in Argentina.
BBC report details 1974 CIA operation to salvage Soviet submarine carrying nuclear missiles under guise of a Howard Hughes-financed seabed manganese mine.
SA mining companies agreed to postpone a legal challenge to the government’s new industry rules after Ramaphosa said he’s committed to finding a solution.
Cyril Ramaphosa isn’t even president yet and mining companies are already changing their tune on South Africa.
China’s global resource grab, and the ramifications for the rest of the world, are on my radar screen. Are they on yours? If not, maybe they should be.
Miner announced record output of chrome and platinum group metals, also said it was seeking to diversify into EV materials.
In a High Court decision handed down on 3 October 2017, Justice Meyer found in favour of the taxpayer, United Manganese of Kalahari Proprietary Limited.
The rise of electric vehicles and the quest to find solutions to energy storage for the renewables industry have created a breeding ground for tech experts to develop battery technologies.
The company plans to build and begin operating a hydrometallurgical plant to prove continuous recovery of cathode material
South Africa intends to suspend the granting of applications for prospecting and mining rights as well as any renewals pending a court case to review new mining laws, the Mineral Resources Minister Mosebenzi Zwane said on Thursday.
Manganese is a critical and irreplaceable element used in steel production and used widely as a battery component.
Aside from iron, manganese is the most essential mineral in the production of steel. Which makes manganese the fourth largest traded metal commodity.
The company, however, has decided to stay away from thermal coal assets due mainly to uncertainties over demand linked to climate concerns.
The deal includes a 17% interest in the Port Kembla Coal Terminal, south of Sydney.
PGMs down nearly 10% and manganese production down 24%.
The miner continues to look for new assets, including Anglo American’s 40% stake in their manganese joint venture — Samancor.
Despite the loss and a 94% drop in earnings, analysts believe the company's modest debt of $116 million makes it well-positioned to act on opportunities.
The spin-out from BHP Billiton says it is willing to take on the manganese ore venture if the price is right.
The measure is part of a wider revision of the 2009 mining law that led to Indonesia's export edicts and other regulations.
Company is said to have sent out requests to investment banks as it seeks to hire an adviser to assist in the bidding process for Anglo American's niobium and phosphate business in Brazil.
The country's largest mining union said it had received notice from South32 about the planned cuts and wants the government to intervene.
South32's manganese mines in South Africa are unlikely to restart operations until January, when a major review is expected to be completed.