A new breed of black miners
Despite well-documented frustrations, the South African mining industry is changing, albeit slowly.
ICT, DMR granted leave to appeal in Sishen case
The legal wrangle over the mineral rights of Kumba Iron Ore's Sishen mine is set to continue in the Supreme Court of Appeal.
Amsa stages turnaround, warns of dark clouds
An insurance payout, the return to production of the Newcastle plant, and restocking
spelled good news for ArcelorMittal SA which nonetheless warned that domestic
steel demand conditions were "lacklustre".
Metmar questions legality of ‘chrome export ban’
Implementation of a proposed $100 per tonne levy on chrome exports will
effectively 'ban' the industry, and may not stand up constitutionally, says Metmar's
David Ellwood.
Eskom buy-backs hit Merafe output
Merafe Resources says its production of ferrochrome was 21% lower during the first quarter of 2012 than
the comparative period, mainly due to power buy-back deals with Eskom.
Anglo American sells Scaw’s SA assets
Anglo American has announced the final stage of its $1.4bn divestment from
Scaw Metals, selling the SA subsidiary of the steelmaker to a consortium of
companies.
Eskom buy-backs boost ferrochrome price
Merafe Resources CEO, Stuart Eliot, says the South African ferrochrome
industry is only operating at 65% capacity, accounting for the boost in second-
quarter prices.
Evraz reviewing steel price collusion claims
Evraz Highveld Steel & Vanadium said it had mobilised its legal team to review a
case referred by the Competition Commission that the steel producer had colluded
with ArcelorMittal SA on price adjustments.
Amsa, Highveld face collusion charge
The Competition Commission has referred a collusion case against
ArcelorMittal SA and Highveld Steel and Vanadium to the Tribunal, asking for a
penalty of 10% of turnover.
Merafe shuts more furnaces over power
Merafe and Xstrata’s chrome venture will temporarily shut down another two of
its 20 furnaces in an extension of its power buy-back deal with Eskom.