Essar back on track in $750m New Zim deal
Indian conglomerate may have found a way of breaking the stalemate in its proposed $750m investment in New Zim Steel from Zimbabwe's government.
Anglo’s Kumba to miss 40mt export forecast
Although expected, the decline in export volumes will heap pressure on Kumba CEO, Norman Mbazima who knows Anglo hasn't the stomach for under-performance.
RoC assures Equatorial, Exxaro of ‘open access’
The Republic of Congo said infrastructure would remain state-owned and be open access which is good news for juniors such as Equatorial Resources.
Kumba may restate reserves as waits on DMR
Kumba Iron Ore says it expected to receive its mining right but perhaps not before the year-end which could involve a restatement of reserves at Sishen.
Sable to keep M&A option over Nimba
Sable Mining will finance its $250m Nimba iron ore mine in such a way as to leave the door open to a merger with Anglo, GlencoreXstrata or Mittal as possible suitors.
Kumba, AMSA resume iron ore supply talks
Love is in the air for Kumba Iron Ore and ArcelorMittal SA who have, for the moment, put aside arbitration in favour of face-to-face iron ore supply talks.
Merafe sticking by guns on dividend
Merafe Resources says sceptics who doubt its ability to become a yield company under-estimate its cash flow generating abilities.
Australians Aquila may take Govt. to court
Aquila Resources has asked mines minister, Susan Shabangu, to grant it a mining right over a manganese deposit or it will consider legal action.
MPRDA change may dent Aquila $480m projects
Aquila Resources says its manganese and an iron ore projects in the Northern Cape and Limpopo provinces might be dented if certain MPRDA changes were made.
ARM discussed beneficiation with SA govt.
African Rainbow Minerals details its decision to export manganese ore to a smelter investment in Malaysia.