Ferrous Metals

Amsa to secure own iron ore mine

0
UPDATED - ArcelorMittal SA raised the prospect of restarting its own mining division saying it was in negotiations to develop an iron ore mine.

R4.2bn manganese smelter to boost Coega

0
The Coega Industrial Development Zone has received a major boost, with the announcement of a R4.2bn rand investment for the construction of a manganese smelter plant.

Amsa reports sharp profit drop

0
ArcelorMittal South Africa has reported a sharp drop in first-quarter profit, but says it expects improvement in the next three months.

Merafe posts output increase

0
Merafe Resources says first-quarter production rose 3.8%, but says the company will operate at a lower rate during June to August.

Amsa leaves steel prices unchanged

0
ArcelorMittal SA says it will leave prices for its products flat this month, but raise some of them in June.

Rio reaches accord with Guinea over Simandou

0
Rio Tinto says it will pay the government of Guinea $700m after reaching an agreement to resolve all outstanding disputes over its Simandou iron ore project.

Kumba output hit by excessive rainfall

0
Kumba Iron Ore has reported a 23% decline in quarterly production, hit by excessive rainfall at all operations.

Zimbabwe bans chrome exports

0
Zimbabwe has banned the export of chrome as it looks to build internal refinery capacity, according to a senior government official.

SA battles reinforcing steel shortage

0
Delays are feared with big construction projects as the main suppliers are limiting the key component.

CSN won’t sell Riversdale stake, says CFO

0
CSN has no immediate plans to sell its stake in Australia's Riversdale Mining on which it is relying as a source of coal, says CFO Paulo Penido Marques.