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South Africa orion minerals

Assore puts all operations in South Africa on care and maintenance

The company, together with its JV partners, has taken the decision to prioritise the safety and health of employees and contractors at this difficult time.

Assore six month headline earnings to drop by 30-40%

South Africa-focused base metals company Assore anticipates a drastic decline in its headline earnings for the six months to 31 December 2015 largely as a result of weak iron ore prices. The US dollar export...

Assore yearly financials bleed as base metal prices remain weak

Assore, the South Africa-focused base metals company, is suffering as a result of weak iron ore, chrome and manganese prices. Its headline earnings for the financial year to 30 June 2015 - declining by...

Assore expects lower earnings for 2014 FY

Mining holding company, Assore, which holds a 50% interest in Assmang, which it controls jointly with African Rainbow Minerals, released a trading statement on Tuesday advising that US Dollar selling prices for the group’s...

ARM & Assore reach definitive agreement on 50% sale of Dwarsrivier

Base metals miner Assore and diversified miner African Rainbow Minerals (ARM) have reached a definitive agreement on the acquisition of ARM’s 50% indirect interest in the Dwarsrivier chrome mine for R450 million. The transaction which...