ICT likely to lose SIOC right: analyst
An analyst told Bloomberg News Imperial Crown Trading was likely to come off second best when the High Court sits tomorrow on a mineral prospecting dispute.
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.
JSE index issues may hammer Amsa
ArcelorMittal SA looks like it will be ejected from the FTSE/JSE Africa Top 40 index, but if its directors are losing sleep, it is more likely to be about the effects of two other factors.
Rio Tinto says could export Guinea iron ore ‘early’
Rio Tinto may use trucks to export iron ore from its Simandou project in Guinea before a 2015 target, says CEO Tom Albanese.
Kumba, Amsa put arbitration on ice
ArcelorMittal SA and Kumba Iron Ore have placed an arbitration process over a supply agreement on hold, saying it will continue once the court case over the disputed Sishen right is finalised.
Anglo names new boss for Brazil iron ore
Anglo American has replaced the head of its Brazilian iron ore operations, which includes its flagship $5bn Minas-Rio project, naming its commercial director as chief executive.
London Mining starts up Sierra Leone iron ore
Londong Mining has started production of iron ore from its Marampa operation in Sierra Leone and the first shipment is on track to be completed by the end of this year.
Kumba workers reap big payout
Kumba Iron Ore says that over 6,200 of its employees will reap a R576,045 payout in December as part of an "empowerment" plan aimed at non-managers.
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.
Amsa slips into Q3 loss
ArcelorMittal SA has reported a third-quarter loss due to higher costs and lower steel prices, but says earnings in the following three months will improve