Ferrous Metals

AMSA may reprice steel as rand strengthens

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ArcelorMittal SA said it would consider lowering prices of its flat products as the rand had gained 7% against the dollar since mid-February.

Aquila bid may cast SA projects in new light

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A A$1.42bn bid for Aquila Resources by Boasteel Resources and Aurizon may have far-reaching consequences for the $480m Avontuur manganese project.

Equatorial to pare back $231m capital outlay

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Leasing rolling stock and processing equipment would enable Equatorial Resources to cut its capital budget for its Mayoko-Moussandji iron ore project.

Rising freight cost to price out chrome exports

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Merafe Resources CEO, Zanele Matlala, said government intervention in chrome exports had fallen by the wayside but economics would rule out the activity.

Elections may frustrate Aquila May hearing

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National elections in South Africa on May 7 may result in personnel changes that delays a hearing into why Aquila Resources has not received a mining permit.

SA continues to slide in ferrochrome stakes

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South Africa's share of the world ferrochrome market deteriorated another 2% in 2013 despite efforts to have the government intervene in cheap chrome exports.

Petmin seeks NAIC float, unbundling

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Mid-tier mining firm, Petmin, says it will float its pig iron development firm as it focuses on its cash-generating coal assets.

Cutifani bares teeth amid MPRDA ‘bitching’

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Critics of government-private sector engagement on proposed amendments to the mines legislation were cowards and had failed South Africa, said Anglo's Mark Cutifani.

Kumba bags Sishen expansion surface rights

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The South African government has granted surface rights to Kumba Iron Ore allowing it to press ahead with its Sishen Western Expansion Project.

Aquila raises fear DMR appeal facing delays

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Aquila Resources is concerned that efforts to have a mining permit granted over an important manganese deposit may be indefinitely delayed.