Amsa pronounces R9.1bn BEE deal dead
ArcelorMittal SA (Amsa) declares the mooted R9.1bn empowerment deal with Imperial Crown Trading dead after the proposed partners fail to meet conditions.
“Leave Kalahari alone”, warns founder
Daphne Mashile-Nkosi has warned Sandi Majali and Stephen Khoza off Kalahari Resources, the company she chairs, which they claim has perpetrated tax fraud.
Sishen: the full summary
The complete abridged ruling by Judge Raymond Zondo in the North Gauteng High Court case on the disputed mineral right in Sishen Iron Ore, delivered on December 15.
Kumba lowers full year iron ore sales on concerns of maintenance...
KUMBA Iron Ore said full year sales of the steel-making ingredient would be about 39 million tons (Mt) for the 2021 financial year owing...
SA springs surprise reverse on Aquila claim
South Africa's mineral resources department has surprised Australian firm Aquila Resources by offering to listen to its mining right claim rather than go to court.
Anglo names new boss for Brazil iron ore
Anglo American has replaced the head of its Brazilian iron ore operations, which includes its flagship $5bn Minas-Rio project, naming its commercial director as chief executive.
Iron ore prices set for 20% decline in 2011
Iron ore prices in China, the world's biggest market, are headed for a 20% decline this year, and few analysts see them recovering soon.
Did Kumba best AMSA, or vice-versa?
The agreement between Kumba Iron Ore and ArcelorMittal SA over iron ore pricing has been welcomed by shareholders, but which got the better deal?
Exxaro’s Nkosi says iron ore output in 2013
Sipho Nkosi, CEO of Exxaro Resources, said he was hopeful the company would begin iron ore production from its Mayoko prospect later this year.
Amsa confirms ICT deal is dead
ArcelorMittal SA, the local arm of the world's largest steel maker, has confirmed it has canned its acquisition of Imperial Crown Trading for R800m.