Glencore poised for Rustenburg restructuring amid deteriorating ferro-chrome market

Glencore plans to restructure its Rustenburg ferro-chrome smelter in South Africa due to deteriorating conditions in the ferro-chrome market and high power costs, the trader-miner announced on Friday January 17.

The company has issued a Section 189 notice- a South African legal requirement representing an intention to retrench staff. 
Ferro-chrome prices in various global regions have been trading at multi-year lows due to poor downstream demand and excess supply. 

Fastmarkets'...

Gold stocks lead the large cap miners by far over H1/25

Gold stocks up as the metal price and equities gain

Mixed outlook for gold as it remains range bound for past three months

Gold stocks down on flat metal price

Gold stocks down on metal decline