Ferrous Metals

Big three iron ore miners may join China platform

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China's recently established iron ore trading platform may be joined by the likes of Rio Tinto, BHP Billiton and Vale.

Assore may move last of SA manganese smelting offshore as Eskom...

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ASSORE is considering shifting its remaining ferroalloys production from South Africa to its Malaysian facilities which it holds in joint venture with African Rainbow...

Petmin seeks NAIC float, unbundling

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Mid-tier mining firm, Petmin, says it will float its pig iron development firm as it focuses on its cash-generating coal assets.

Kumba to post up to 19% decline in interim share earnings...

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KUMBA Iron Ore would report interim headline earnings up to 19% lower as a result of a decline in first half production as well...

South32 says Transnet’s BEE plans will increase mining costs and frustrate...

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SOUTH32 said a proposal by Transnet to allocate capacity on its freight rail service to junior miners would increase costs and frustrate growth in...

IDC capture of Scaw heralds state steelmaker

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The South African government buys Scaw from Anglo and says the firm will compete for state-backed infrastructure business and help further its beneficiation strategies.

Kumba forecast to lift Q2 iron ore output a fifth but...

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KUMBA Iron Ore was expected to report a one-fifth increase in iron ore production for the second quarter following rains and equipment reliability constraints...

Merafe warns over ferrochrome prices

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Merafe Resources, which produces ferrochrome in a joint venture with Xstrata, says third quarter ferrochrome prices have dropped 11% quarter-on-quarter.

Rio Tinto plans to sell 46.6% stake in Simandou to Chinalco

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RIO Tinto is to sell its 46.6% stake in Guinea iron ore project, Simandou, to Chinalco for between $1.1bn and $1.3bn, the Anglo-Australian group...

Steel price hike announced

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THE base list price of all general flat and long steel products will increase from February, says ArcelorMittal SA.