Kumba slides on earnings update
Shares in Kumba Iron Ore are under pressure following the release of a disappointing trading update from the Anglo American subsidiary.
Kumba livid over new ICT application
Kumba Iron Ore has accused the department of mineral resources of acting unlawfully and maliciously for accepting a mining rights application from ICT over Sishen mine.
Sishen judge chides fighting parties
Judge Raymond Zondo has released his full judgment in the case over the disputed right in Sishen, castigating all parties for the way in which they’ve handled the matter.
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.
Steel firms, striking unions reach deal
Steel and engineering firms have reached a wage deal with Numsa to end a two-week long strike, says a union official.
Severstal takes control of Liberia iron project
Severstal has said it reached an agreement to acquire the remaining 38.5% stake in the Putu iron ore project from Afferro for $65m, as well as possible future payments.
Exxaro says flip-up of SIOC stake is now an “easier conversation”
THE divestment of a 20.62% stake in Sishen Iron Ore Company (SIOC) by Exxaro Resources had been made easier to contemplate following the High Court...
Kumba jumps on soaring prices with launch of super high grade...
KUMBA Iron Ore is considering production of limited quantities of a super high grade ore to capitalise on soaring prices being paid for higher...
Kumba pays out to the hilt with new dividend policy
CHRISTMAS has come early this year for shareholders in Kumba Iron Ore in the form of a revised dividend policy through which the group...
Assore resilient, but acknowledges US trade war hit chrome exports
ASSORE, the miner and marketer of metals used in steelmaking, emerged unscathed by the US/China trade wars in its year to June.
But in the...