Ferrous Metals

BHP Billiton mum on Gabon iron ore

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BHP Billiton has declined to comment on a statement from the government of Gabon that it had reached an agreement for the miner to develop a 1 billion tonne iron ore resource in that country.

Kumba’s new town sprouts among the camel thorns

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KUMBA Iron Ore showcased on Tuesday the new suburb it has built in South Africa's Northern Cape province to make way for the expansion...

Iron ore steady ahead of steel uptick

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Steel production was likely to tick up in September and October in China with iron ore prices holding steady in the meantime, traders said.

SA’s Transnet to double manganese rail allocation for emerging miners next...

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SOUTH Africa's state-owned ports and rail company, Transnet said it planned to double the number of black-owned manganese miners with access to its rail...

Equatorial Resources bows to Exxaro offer

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Equatorial Resources accepted an offer by Exxaro Resources for its 20% stake in African Iron taking the South African firm's stake in the iron ore exploration firm to 86%.

Kumba ruling may blunt Govt’s legal appetite

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The Constitutional Court's ruling on the Sishen Iron Ore Company debacle may make the South African government less likely to fight costly legal battles.

“I don’t want to demonize Kumba’ – Amsa CEO

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Nonkululeko Nyembezi-Heita talks to Miningmx about her company’s relationship with Kumba, Anglo American and the Competition Commission part of which she thinks there’s rot in the steel industry.

Kumba ‘second footprint’ lends option to SA

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Norman Mbazima, Kumba Iron Ore CEO, believes government is realistic, but its plans for domestic iron ore pricing makes the firm's Africa footprint a useful option.

Steinmetz hopes sting operation enough to reverse $2bn arbitration order

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BENY Steinmetz, the billionaire businessman, was hopeful new evidence would show Vale knew the risk of developing the Simandou iron ore deposit in Guinea...

Iron ore fall raises doubts on Australia tax plan

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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.