Kumba fears no long-term strike effects
Kumba Iron Ore, which is 64% owned by Anglo American, says it is confident that the Transnet strike will have no long-term effect on the company's exports.
300 Sishen employees on strike
Kumba Iron Ore says about 300 employees at the company’s Sishen mine in the
Northern Cape have embarked on an unprotected work stoppage.
IDC’s Nchocho “optimistic” of solution to Kalagadi Manganese legal standoff
INDUSTRIAL Development Corporation (IDC) CEO, Tshokolo Nchocho, said the organisation was "optimistic" of a good outcome in avoiding a protracted legal argument with Kalagadi...
Tata Steel mulls Riversdale counter bid
Tata Steel, the largest shareholder in Riversdale, is yet to decide whether it will counter Rio Tinto's $3.9bn offer for the Africa-focused miner.
African Minerals bags new investment in China
African Minerals has sealed a second investment deal with a Chinese group for its flagship iron ore project in Sierra Leone, selling a 25% stake to Shandong Iron & Steel for $1.5bn.
AMSA to cut 400 jobs, widens business review
ArcelorMittal South Africa confirms plans to retrench jobs at its Vereeniging Works and plans to broaden its business review to Vanderbijlpark.
SA president’s son linked to Sishen firm
There have been ominous developments on the board of Imperial Crown trading with Duduzane Zuma, son of the country's president, Jacob Zuma, becoming a director.
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.
Kumba’s Zim to start new steel firm
Lazarus Zim, the former chair of Kumba Iron Ore, says he has resigned from the board of the Anglo American subsidiary to start a new steel firm and avoid the potential of a conflict of interest.
IFM meets key milestones
International Ferro Metals is ticking all the boxes in its attempts to turn the corner on a difficult past, meeting key targets as its seeks to lower costs and increase capacity.