Monday, April 24, 2017

THE fluid nature of market conditions and uncertainty over the short-term future for Kumba Iron Ore were reflected in its surprise decision to pass...

KUMBA Iron Ore continued its rehabilitation, quite possibly in preparation for its demerger, announcing today its 76%-owned subsidiary, Sishen Iron Ore Company (SIOC), had...

KUMBA Iron Ore completed another important stride in derisking its business agreeing to a R2.5bn tax dispute with the South African Revenue Service (SARS). The...

PAN African Mineral Development Company (PAMDC) is to appeal a High Court decision which granted prospecting rights in the Northern Cape to Aquila Steel...

HIGHER iron ore prices will ease Kumba Iron Ore to a full-year headline earnings increase of up to 132% year-on-year - a performance that...

THE Industrial Development Corporation's (IDC's) plan for a homegrown steel mill has been put on the backburner with the state-owned company saying its feasibility...

SHAREHOLDERS in Pallinghurst Resources may kick off 2017 on a high after the Johannesburg-listed company raised the prospect of paying a maiden dividend owing...

THE scandal and murky dealings that have characterised Guinea's Simandou iron ore project permeated into the affairs of Rio Tinto following an investigation into...

SOUTH African production of manganese ore was about one million tonnes (mt) higher this year after Australia cut supplies amid a sharp decrease in...

RIO Tinto is to sell its 46.6% stake in Guinea iron ore project, Simandou, to Chinalco for between $1.1bn and $1.3bn, the Anglo-Australian group...