DMR haggling prolongs Kumba, SIOC saga
The South African government has imposed conditions before it will bring the Kumba, Sishen Iron Ore imbroglio to an end.
JSE index issues may hammer Amsa
ArcelorMittal SA looks like it will be ejected from the FTSE/JSE Africa Top 40 index, but if its directors are losing sleep, it is more likely to be about the effects of two other factors.
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.
Ferro Metals production takes a dip
International Ferro Metals, the London-listed ferrochrome producer with operations in South Africa, reports a 6% drop in quarter-on-quarter production.
Assore books R71m write-down on iron ore
A 38% decline in the price of iron ore had forced Assore to register a write-down on its investment portfolio despite a 25% decline in the rand's value.
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.
Ferrox appoints HSBC as adviser
Iron ore junior Ferrox Holdings has appointed HSBC as its financial adviser in
raising capital for the development of the group’s Tivani project in Limpopo.
Emirates Global Aluminium nearing finance for $1.4bn Guinea bauxite mine
GUINEA Alumina Corporation, a subset of Emirates Global Aluminium, is nearing conclusion of a finance package worth $700m to $800m which it will use...
Thungela CEO says firm favours metallurgical coal deals
THUNGELA Resources would consider adding metallurgical coal assets to its portfolio as there was a "natural adjacency" to its thermal coal production, said CEO...
The complete Sishen judgment
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.