Tata Steel ‘to sell SA assets’
Tata Steel is in talks to sell its South African assets to raise more than $150m, reports the Economic Times.
ARM weighs reopening of ‘low carbon’ Nkomati Nickel
AFRICAN Rainbow Minerals (ARM) said it was considering different business combinations for its Nkomati Nickel mine, including partnering with "an integrated end-user".
The mine, situated...
Petmin to seek upside in spot market
Petmin is about to ditch its policy of locking all sales into supply agreements, saying it wants to cash in on higher spot prices for the anthracite it produces at Somkhele mine.
Tharisa to list in UK in effort to boost share liquidity
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%...
Kumba approves R7bn Kolomela extension but strikes cautious note as payout...
KUMBA Iron Ore approved the R7bn construction of a new pit at its Kolomela mine in South Africa's Northern Cape province that will maintain...
Anglo American to suffer up to $400m earnings hit at Minas...
Anglo American will take a hit of between $300m and $400m to its expected earnings before interest, tax depreciation and amortisation (EBITDA) for its...
Mining changes nations’ destinies, says Rio
Major mining developments have the potential to "fundamentally change the lives of people and, at a broad level, the prosperity of nations, if done properly", says Rio Tinto.
Anglo ties-up Scaw Metals assets deal
Anglo American has completed the sale of Scaw Metals assets Moly-Cop and AltaSteel to Australian steel manufacturer OneSteel.
Miners agree to cut ferrochrome price
Ferrochrome producers in South Africa, the world's largest producer, have agreed to a 4% fall in the third quarter contract settlement price, Merafe Resources says.
Kumba weighs Transnet penalties after utility failures cost firm R10bn in...
KUMBA Iron Ore said it was "in discussions" with Transnet regarding financial penalties that may apply in a 'take-or-pay' rail contract after the state-owned...