Ferrous Metals

Guinea opens blocks of Simandou to tender in effort to revive...

WEST Africa's Guinea has sought to breathe new life into its massive, but undeveloped, iron ore deposit, Simandou, launching tenders for two blocks of...

Dip in ferrochrome benchmark price

The European benchmark ferrochrome price for the third quarter has been settled at $1.25 per pound: a 7% decrease from the $1.35/lb of the current quarter.

ICT, Kumba decision due mid-December

Mid-December should hear a judgement on the dispute over iron ore mineral rights between Imperial Crown Trading, Kumba Iron Ore and ArcelorMittal.

Hawks target ICT powerbroker

The power-broker behind the Imperial Crown Trading led consortium - that could turn a number of partners into multimillionaires - has reason to sweat.

Aussie miner floats rail JV with Exxaro

The relationship between Equatorial Resources and Exxaro Resources has thawed with the two firms looking at sharing iron ore infrastructure costs in the Republic of Congo.

Vale executives not shown internal report suggesting Brumadinho dam might burst

SENIOR executives at Vale, the Brazilian iron ore miner, were not shown a technical report indicating a tailings dam at its Brumadinho facility was...

ARM, Vale to sell JV shares in $400m Lubambe mine for...

JOHANNESBURG-listed African Rainbow Minerals (ARM) and Vale, the Brazilian state-owned company, are to sell their joint venture stake in Zambia's Lubambe Copper Mine to...

AMSA prepares to restructure potentially affecting 2,000 jobs as SA steel...

ARCELORMITTAL South Africa (AMSA) is to restructure the organisation after failing to contain the effects of high input and commodity costs which could affect...

ICT: Kumba’s Sishen rights ‘non-existent’

Imperial Crown Trading 289 has questioned the status of Kumba's 78.4% mining right over Sishen mine, saying the firm had not registered its converted right on time.

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.