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South32 to impair Samancor JV with Anglo

The BHP Billiton spinoff suffered its first bad news since listing saying market forces would force it to write-down its loss-making Metalloys operation.

Merafe sticking by guns on dividend

Merafe Resources says sceptics who doubt its ability to become a yield company under-estimate its cash flow generating abilities.

Glencore will honour Zanaga obligation

Glencore gave little away regarding its long-term plans for its investment in the Zanaga Iron Ore Project saying it was bound to a legal obligation.

R4.2bn manganese smelter to boost Coega

The Coega Industrial Development Zone has received a major boost, with the announcement of a R4.2bn rand investment for the construction of a manganese smelter plant.

Kumba’s fate to be unveiled on Feb. 16

Norman Mbazima, Kumba CEO, referred queries about the future of the firm to Anglo American's Mark Cutifani who is due to unveil more restructuring next week.

Sable Mining clinches Liberia rail deal

UK-listed Sable Mining has signed a rail use agreement with Liberia allowing it to transport iron ore from its project in Guinea to a port in the west African country.

Kumba bags Sishen expansion surface rights

The South African government has granted surface rights to Kumba Iron Ore allowing it to press ahead with its Sishen Western Expansion Project.

Authorities halts Petmin’s SamQuarz sale

Petmin says its proposed sale of the SamQuarz silica mine has been disallowed by the Competition Commission.

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.

ArcelorMittal buys Imperial Crown Trading

ArcelorMittal has agreed to buy Imperial Crown Trading for R800m in what could be viewed as a desperate attempt to recover the mining rights it lost in Kumba's Sishen iron ore mine.