Iron ore steady ahead of steel uptick
Steel production was likely to tick up in September and October in China with iron ore prices holding steady in the meantime, traders said.
ArcelorMittal seeks “holistic solution”
ArcelorMittal CEO Nonkululeko Nyembezi-Heita says the acquisition of ICT is part of a strategy to improve the steel group's chances of coming out on top in the fight with Kumba Iron Ore.
Bushveld’s days numbered as starts business rescue talks
BUSHVELD Minerals' days appeared numbered after the UK-listed vanadium miner said on Monday it had entered business rescue proceedings.
The company has requested trading in...
Workers call strike at Bushveld Minerals’ Vametco over employee benefits deal
WORKERS at Bushveld Minerals' Vametco vanadium-producing facility in South Africa's North West province downed tools on Friday in protest against the terms of an...
Kumba says concession of rail network possible in 18 months
KUMBA Iron Ore hopes to participate in industry efforts to have the Sishen to Saldanha iron ore and manganese rail route concessioned to a...
Kumba starts arbitration process in price war
Kumba Iron Ore starts the arbitration process against ArcelorMittal in a dispute over the supply of cheap ore to South Africa's largest steelmaker, who has bumped up prices significantly since the battle started.
Gerald Group to ship 707,000 tons of iron ore from Marampa...
GERALD Group, a US commodity trading firm, has resolved a two-year dispute with the Sierra Leone government after agreeing to pay the state $20m...
Kumba de-risked as transfers Thabazimbi to ArcelorMittal SA
KUMBA Iron Ore continued its rehabilitation, quite possibly in preparation for its demerger, announcing today its 76%-owned subsidiary, Sishen Iron Ore Company (SIOC), had...
Merafe ready to dip into debt as lockdown bites at time...
MERAFE Resources said it would draw on debt to fund itself if necessary during the lockdown period imposed by the South African government.
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Iron drops for first time in years
Iron ore output fell in 2009 for the first time in seven years despite continued growth in trade to record levels, keeping market conditions tight and prices high until 2012, says a UN think-tank.