Cash flush Kumba gives some relief to Anglo
A strong performance from new mine Kolomela helped Kumba Iron Ore mitigate a weaker iron ore price and generate enough cash to wipe out net debt.
Kumba bullish as volumes, prices soar
Kumba Iron Ore, controlled by Anglo American, said first half headline earnings would be higher year-on-year as volumes and prices for its iron ore soared.
Zim seeks new bids for fallen steel gaint Zisco
Zimbabwe is inviting fresh bids for the takeover of state steel-maker Zisco, after rejecting earlier offers from ArcelorMittal, Jindal Steel and Power of India.
Exports boost Kumba earnings
Kumba Iron Ore says it expects a rise in first-half earnings, lifted by higher iron ore export prices.
Avalloy seeks breakthrough year
Superalloy producer Avalloy says beneficiation and skills development are at the core of its growth strategy.
London Mining delays first Marampa shipment
Lonon Mining, which began producing iron ore from its Marampa operation in Sierra Leone earlier this month, has delayed its first shipment to January.
Anglo’s Cutifani expresses confidence in iron ore tailings technology at Minas...
THE Brumadinho dam disaster in Brazil on January 25 could have some far-reaching consequences, but Anglo American CEO, Mark Cutifani, said that the impact...
Aquila seeks ‘judicial review’ after appeal fails
After 20 months, mines minister Ngoako Ramalthodi rejects Aquila Steel's appeal over manganese mining rights - a development that will take both to court.
Cipro washes its hands of hijacking
Cipro has suspended its online facility for changing directorships to curb company hijackings, but says it won't take the blame when its systems are manipulated.
Path cleared for Amsa, Kumba to resume talks
ArcelorMittal SA and Kumba Iron Ore may not begin arbitration or even resume negotiations as an appeal over the right to mine Sishen is rejected by the court.