Ferrous Metals

Kumba’s Kolomela ships first ore

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Anglo American has exported the first shipment from the $1bn Kolomela iron ore mine, one of its key growth projects.

Move to iron ore shorter-pricing gains speed

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Rio Tinto says iron ore demand has remained robust despite market weakness, and says a fall in prices is accelerating a move to shorter-pricing methods.

Tata Steel majority holder in Nippon JV

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Tata Steel will hold 51% in its joint venture with Japan's Nippon Steel, aiming to produce 600,000 tonnes a year of cold rolled automotive sheet steel.

The complete Sishen judgment

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THE complete judgment by Judge Raymond Zondo in the North Gauteng High Court case on the disputed mineral right in Sishen Iron Ore, released on December 20.

Kumba justifies claiming it all

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Kumba Iron Ore has offered some detail to its arguments as to why it shouldn’t be compelled to supply iron ore to ArcelorMittal SA, or anybody else, at a discount.

Mining changes nations’ destinies, says Rio

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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.

Japan’s steelmakers halt output

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Key Japanese steelmakers have stopped production at some plants as the country imposed power cuts to cope with the devastation brought by a massive earthquake and tsunami.

Territory backs Noble offer

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Australian iron ore firm Territory Resources has recommended a A$132.6m takeover offer from Noble Group, which trumped an earlier offer from South Africa's Exxaro.

Merafe expects sharp drop in earnings

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Ferrochrome producer Merafe Resources expects sharply lower earnings for the six months to June and is cutting back production because of current weaker market conditions.

ANC paper punts bigger state stake in Kumba

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A draft summary of the ANC discussion document on mining suggests a bigger share for government in Kumba Iron Ore to facilitate a reduction in local steel prices.