Amsa in “catch up” as claws back 18%
An 18% gain in the share price of ArcelorMittal South Africa was due to the fact it had been oversold, a spokesman said despite reports it was due to restructure.
IDC capture of Scaw heralds state steelmaker
The South African government buys Scaw from Anglo and says the firm will compete for state-backed infrastructure business and help further its beneficiation strategies.
ArcelorMittal to quit controversial Kalagadi stake
ArcelorMittal is to sell its 50% stake in Kalagadi Manganese for R3.9bn, a company that has been the subject of corporate governance abuse allegations.
Momentum builds for RoC’s iron ore pioneers
Zanaga, Equatorial Resources and Exxaro Resources mark 2012 with important
advances in the effort to produce iron ore from the Republic of Congo.
Glencore in running for Anglo’s Amapa
Glencore is reportedly one of four bidders for Anglo American’s Brazilian iron ore
mine Amapa, which was valued last year at $1.5bn.
Amsa in new battle with different regulator
ArcelorMittal SA is bracing itself for yet another legal skirmish with regulatory
authorities, this time for allegedly breaching conditions attached to an air emission
licence.
Sishen ramp-up plagued by no-shows
Kumba Iron Ore says the ramp-up of operations at its Sishen mine is beset with
interruptions following the end of the occupation of the mine.
Police move in to end Sishen occupation
The occupation of Kumba Iron Ore’s Sishen mine by some 120 striking workers has
come to an end, the company says.
Tshipi mines its first manganese ore
Tshipi e Ntle Manganese says it has mined its first manganese at the new Borwa
mine in the Northern Cape.
Kumba strike hits ore supplies to Amsa
Kumba Iron Ore has suspended deliveries to its main domestic customer,
ArcelorMittal SA, due to the ongoing strike at the group’s Sishen mine in the
Northern Cape.