PR & press

PR & press

JSE- and Aim-listed Petmin said on Tuesday that it had struck a deal with LSE-listed Kermas, under which the two would jointly buy Veremo Holdings, which owned an iron ore and pig iron deposit in Mpumalanga. Petmin said that it would pay, for a 25% stake in Veremo, some R50-million ...

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Kermas owns world number-two ferrochrome producer Samancor Chrome, which has operations in South Africa.

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Ferrochrome prices may rise as much as 50% in 2008 from current record levels.

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Ferrochrome prices may rise as much as 50 percent in 2008 from current record levels.

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Ferrochrome producer Samancor Chrome would spend R1,4-billion on beneficiation projects in South Africa over the next two years.

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