Wednesday, September 28, 2016

NORMAN Mbazima, the outgoing CEO of Kumba Iron Ore, said Anglo American would not "drop any balls" ahead of either disposing or unbundling its...

NORMAN Mbazima is to step down as CEO of Kumba Iron Ore in order to focus on the restructuring of the company as well...

ANGLO American would consider a proposal to use its 70% stake in Kumba Iron Ore as a founding asset to create "a different type...

THARISA is to list on the London Stock Exchange in an effort to boost trading in the share which has a free-float of 25%...

THE best that can be said for the South African government’s beneficiation programme in the mining sector is that it’s been a stop-start process....

THE steel market may have taken a turn for the better in the first three months of this year, but the extent to which...

ARCELORMITTAL South Africa (AMSA) said its Saldanha steelworks was viable following a review of the operation, but added that the sustainability of the company...

ARCELORMITTAL South Africa (AMSA) announced steel price increases of up to 11% - more than double inflation - in an effort to keep its...

Kumba Iron Ore would object to a R5.5bn assessed tax claim in a development that may hinder its unbundling or disposal by Anglo American.

Mark Cutifani, CEO of Anglo American, said the unbundling of its 69% stake in Kumba Iron Ore was the base case option the group was currently studying.