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BHP Billiton mum on Gabon iron ore

BHP Billiton has declined to comment on a statement from the government of Gabon that it had reached an agreement for the miner to develop a 1 billion tonne iron ore resource in that country.

Kumba earnings to double

Rebounding export iron ore prices and sales volumes have bolstered Kumba.

Sandi Majali arrested

The South African Police Service have confirmed the arrest of controversial businessman Sandi Majali for the alleged hijacking of Kalahari Resources.

Kalagadi on course for 2012 start

Kalagadi Manganese says it has reached significant milestones in the construction of its R7bn mine and sinter plant, remaining on track to start production in June 2012.

IFM recovery exceeds expectations

Ferrochrome producer International Ferro Metals has taken another step towards restoring investors’ faith, meeting key cost and production milestones as it seeks to regain former highs.

SA president’s son linked to Sishen firm

There have been ominous developments on the board of Imperial Crown trading with Duduzane Zuma, son of the country's president, Jacob Zuma, becoming a director.

Tata Steel mulls Riversdale counter bid

Tata Steel, the largest shareholder in Riversdale, is yet to decide whether it will counter Rio Tinto's $3.9bn offer for the Africa-focused miner.

Merafe’s ferrochrome ouput lower

Merafe Resources, the country's largest ferrochrome producer, says first-half production has fallen 4% to 150,000 tonnes due to furnace refurbishments.

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.

Kumba ‘second footprint’ lends option to SA

Norman Mbazima, Kumba Iron Ore CEO, believes government is realistic, but its plans for domestic iron ore pricing makes the firm's Africa footprint a useful option.