Rio Tinto plans to sell 46.6% stake in Simandou to Chinalco
RIO Tinto is to sell its 46.6% stake in Guinea iron ore project, Simandou, to Chinalco for between $1.1bn and $1.3bn, the Anglo-Australian group...
Kumba’s Sishen on target for 27Mt in “mixed” Q3 for Anglo
KUMBA Iron Ore was the highlight of Anglo American's third quarter production figures with the 70%-owned listed subsidiary showing signs it could meet its...
SIOC awarded 100% of Sishen rights, conditions to cost R100m
A SEVEN year odyssey of litigation and acrimony regarding the mineral rights of the Sishen Iron Ore mine was brought to a close today...
Tharisa anticipates “exceptional” 2017 as lifts PGM, chrome output
CHROME and platinum group metal (PGM) producer Tharisa Minerals forecast a best ever performance in its current 2017 financial year after a strong production...
SARS takes Kumba tax claim to R6.5bn after 2011 review
KUMBA Iron Ore (Kumba) said its potential tax liability may increase by at least another R1bn following a review of a subsidiary's 2011 tax...
Rio to restructure Simandou for Chinese infrastructure
RIO Tinto said it would restructure the Simandou iron ore project in Guinea to "... facilitate access to infrastructure funding from China".
The Anglo-Australian group's...
Merafe tipped to thrive as SA chrome supply withers
MERAFE Resources shares firmed slightly to around 90 cents on the JSE today after the release of interim results showing the ferrochrome producer had...
Anglo “won’t drop any balls” in Kumba divestment: Mbazima
NORMAN Mbazima, the outgoing CEO of Kumba Iron Ore, said Anglo American would not "drop any balls" ahead of either disposing or unbundling its...
Mbazima leaves Kumba to drive Anglo SA asset sale process
NORMAN Mbazima is to step down as CEO of Kumba Iron Ore in order to focus on the restructuring of the company as well...
Anglo would consider Kumba’s role in SA mining champion
ANGLO American would consider a proposal to use its 70% stake in Kumba Iron Ore as a founding asset to create "a different type...