Merafe interim earnings hit by impairment
Merafe Resources is a company under pressure following the loss on the proposed sale of its Horizon mine in Limpopo province.
Cash flush Kumba gives some relief to Anglo
A strong performance from new mine Kolomela helped Kumba Iron Ore mitigate a weaker iron ore price and generate enough cash to wipe out net debt.
Equatorial unveils $231m RoC mine plan
Equatorial Resources plans to build a 2 million tonne/year iron ore mine in the Republic of Congo at a capital cost of $231m including rail and port infrastructure.
ARM delivers business over politics message
A decision to build a ferromanganese smelter in Malaysia may run counter to the South African government's beneficiation stategy, but it makes good business sense.
ARM, Assore to build smelter in Malaysia
African Rainbow Minerals and Assore are to build a $300m ferromanganese smelter in Malaysia owing to the access to cheap power, the companies said.
Rio, Guinea agree to expedite Simandou
A high level meeting in London between Rio Tinto, the Guinea government and the IFC has given fresh momentum to plans to build the Simandou iron ore project.
State, ICT to appeal Sishen judgment
THE Department of Mineral Resources and Imperial Crown Trading 289 seek to appeal against the judgment of the Supreme Court in the case over a Sishen mining right.
Amsa boss gives sobre steel market view
Nonkululeko Nyembezi-Heita, CEO of ArcelorMittal SA, said the South African steel
industry was currently uncompetitive set against its international rivals.
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.
Sable seeks cash flow kicker from Botswana deal
Sable Platinum is to buy just over a quarter of Global Initiatives, a Botswana firm
that gives it access to cash flow from retreating more than 40mt of pig iron.