Assore halts mines and smelters, prioritises on-time supplier payment

Mining and marketing company Assore, which is delisting from the Johannesburg Stock Exchange after 70 years, on Tuesday informed its shareholders that it had taken lockdown steps following the increased incidents of COVID-19 in South Africa. Assmang, which is half owned by Assore and jointly controlled with African Rainbow Minerals Limited, has put its Beeshoek and Khumani iron-ore mines, Nchwaning and Gloria manganese ore mines and smelter at Cato Ridge on care and maintenance, and ceased production for 21 days, as of midnight on Thursday, March 26.