Corporate vultures are circling around Zimbabwe Mining and Smelting Company (Pvt) Ltd (Zimasco) with a view to effect a hostile take-over of the integrated ferrochrome company in the country, businessdigest can reveal.

ON one chilly morning in July last year, three men walked into Zimasco’s Harare offices. They wanted to see the man in charge and had a business proposal.

In July Chinese reduced nickel and refined nickel imports, while ferronickel imports increased significantly.According to Chinese customs data show that imports of nickel in July is 3.29 million tons and reduced by 34 percent compared to the same period last y...

World Metal Statistics Bureau (WBMS) released the latest data that the nickel industry is probable from the supply of excess into a shortage. WBMS recently report shows that in 2016 from Jan. to Jun. global nickel market supply shortages, the apparent demand f...

COTABATO CITY — The Department of Environment and Natural Resources (DENR) in the Autonomous Region in Muslim Mindanao (ARMM) has suspended all mining operations in the region in the wake of the conduct of performance audit on operating firms’ compliance wit...

[www.ferro-alloys.com] According to General Administration of Customs, Chinese steel exports increased to 10.94 million tons, up 16% monht on month, and up 3% year-on-year, which was the highest level in June since September 2015. Those exports in June were m...

[www.ferro-alloys.com] It is reported that Chinese origin of the steel wire might be imposed anti-dumping duties by Brazilian government. To respond to the petition from local steel wire manufacturer in Brazil, Belgo Bekaert, a joint venture between the larges...

[www.ferro-alloys.com] China’s Baosteel announced to adjust down its heavy plate futures prices in August this year. The heavy plate prices on the basis of wide heavy steel plate, boiler plate, container plate, ship plate prices decline of RMB300/ton. Curren...