Ferrous Metals

Assore to post stronger numbers, but R507m Sakura write-down hurts attributable...

JOHANNESBURG-listed investment company, Assore, said in a trading statement today headline earnings for the 2019 financial year ended June 30 would be 20% to...

Beny Steinmetz to fight fresh Guinea iron ore bribery charges as...

MINING entrepreneur, Beny Steinmetz, is to fight Swiss corruption charges related to long-standing claims he paid bribes in order to win mining licences for Guinea's...

Kumba pays bumper R9.9bn interim dividend as post-Brumadinho iron ore price...

KUMBA Iron Ore declared an interim dividend of R9.9bn taking overall payouts to shareholders in 2019 to R13bn, including the end-2018 dividend, amid buoyant...

Guinea opens blocks of Simandou to tender in effort to revive...

WEST Africa's Guinea has sought to breathe new life into its massive, but undeveloped, iron ore deposit, Simandou, launching tenders for two blocks of...

BHP bullish on iron ore future for the next 50 to...

BHP said the medium- to long-term fundamentals for iron ore were good and could support the construction of 11 more mines in Australia's Pilbara region...

AMSA prepares to restructure potentially affecting 2,000 jobs as SA steel...

ARCELORMITTAL South Africa (AMSA) is to restructure the organisation after failing to contain the effects of high input and commodity costs which could affect...

Ironveld seeking buyer for SA vanadium, iron, titanium resource

IRONVELD, an exploration and development company listed in London, has announced plans to sell its South African mining rights which consist of 1.4 billion...

Guinea’s iron ore hopefuls facing rail route negotiations with ArcelorMittal

THE first iron ore from Guinea's giant resources may well come from smaller deposits as those are best positioned to transport the steel-making mineral,...

Shares in iron ore miners rise as Brazil reverses lower court...

A BRAZILIAN court had ordered Vale, the state-owned iron ore and coal producer, to halt operations at its Brucutu iron ore mining complex, reversing...

Anglo American sells $15bn of iron ore from Minas Rio to...

ANGLO American signed a $15bn iron ore supply agreement with Bahrain Steel for its Minas Rio iron ore mine in Brazil, said BusinessLive. The 20-year...