Iron ore prices lift Kumba earnings
Kumba Iron Ore says an increase in export iron ore prices has substantially lifted its full-year earnings.
Authorities halts Petmin’s SamQuarz sale
Petmin says its proposed sale of the SamQuarz silica mine has been disallowed by the Competition Commission.
Amsa plant resumes production
ArcelorMittal SA, a unit of the world’s biggest steelmaker, has resumed full production at its Newcastle plant that was hit by a furnace failure last year, says the company.
Mboweni buys stake in iron ore junior
Former Reserve Bank Governor Tito Mboweni and his brother, Alto, will buy up to 20% of iron ore junior Ferrox Holdings in a $32m deal.
Exxaro confirms R2.8bn African Iron swoop
Exxaro Resources confirmed week-long speculation it would make its first foray into iron ore bidding up to a 49% premium for African Iron which operates in the Republic of Congo.
African Iron to unveil Exxaro offer
A trading halt was applied to African Iron shares today amid wide expectations a takeover offer from Exxaro Resources will be announced later this week.
Exxaro bids A$300m for African Iron: report
Exxaro Resources has renewed its bid to take direct operating control over an iron ore mine, reportedly bidding R2.4bn for Australia's African Iron.
Kathu feasts in Kumba’s Envision windfalls
Kathu, the Northern Cape mining town, has been turned upside down following Kumba Iron Ore's payouts of up to R576,000 to each of its employees.
Iron ore fall raises doubts on Australia tax plan
Australia's politically charged mining profits tax may raise less of the initial A$11bn Prime Minister Julia Gillard is promising if iron ore prices return to November levels.
Iron ore prices set for 20% decline in 2011
Iron ore prices in China, the world's biggest market, are headed for a 20% decline this year, and few analysts see them recovering soon.