Ferrous Metals

Rio, Sinosteel extend JV

Rio Tinto and Sinosteel have extended their Channar iron ore joint venture in Australia to produce a further 50 million tonnes of ore, says Rio Tinto.

Vanadium prices bolster Bushveld Minerals, but Vametco output below plan

BUSHVELD Minerals benefited from improved vanadium pricing in its 2018 financial year, but its Vametco facilities under-performed against targets - a development that will...

Exxaro eyes iron ore investment

Exxaro Resources says it aims to diversify from coal and wants to add iron ore to its portfolio.

Kumba passes dividend citing volatile market, Anglo review

THE fluid nature of market conditions and uncertainty over the short-term future for Kumba Iron Ore were reflected in its surprise decision to pass...

Kumba FY earnings up on higher iron ore prices

Kumba Iron Ore has reported a rise in full-year profit, boosted by higher iron ore prices and says it expects export volumes to rise in the current financial year.

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.

Sishen showdown set to commence

The dispute over Kumba Iron Ore’s Sishen mine will come to a head from Monday when the protagonists square off in court over a 21.4% right in a world-renowned mineral asset.

Iron ore fall raises doubts on Australia tax plan

Australia's politically charged mining profits tax may raise less of the initial A$11bn Prime Minister Julia Gillard is promising if iron ore prices return to November levels.

S.Korea steel body joins iron ore price protests

The Korea Iron & Steel Association said it has joined European and Chinese steel bodies to oppose recent raw material price increases.

Shabangu must act on Sishen dispute

Top rated analyst David Pleming of Macquarie First South Securities has called for mining minister Susan Shabangu to take a leadership role in dealing with the mining rights dispute at Sishen.