Kumba drags Amsa into court battle
Kumba Iron Ore has added ArcelorMittal SA as a respondent in its high court bid for the reversal of the 21.4% prospecting right over Sishen mine awarded to ICT.
ICT buyout not a given: Amsa
ArcelorMittal SA says its takeover of Imperial Crown Trading depends on the firm clearing itself of claims of impropriety, and getting mining rights to Sishen.
ArcelorMittal SA back in the black
ArcelorMittal SA has posted a return to full-year profit and expects solid results ahead.
No bias in Sishen rights case, says Nogxina
The department of mineral resources has not been biased in its dealings on the Sishen mining rights, says director general Sandile Nogxina.
Merafe FY ferrochrome output up 48 pct
Merafe Resources says its full-year ferrochrome output rose by 48%, after it restarted suspended furnaces following a upswing in demand.
‘Closed offices’ barred ICT from files access
The DMR says it was impossible for Imperial Crown Trading to have gained access to its premises to forge Kumba's application for the 21.4% stake in Sishen, because staff were on holiday.
Govt defends Kumba affidavit claims
The DMR has justified a tabled affidavit, which reportedly states Kumba Iron Ore has to sell heavily discounted iron ore to Imperial Crown Trading.
Kumba ups ante in Sishen row
UPDATED: Kumba Iron Ore has rubbished the DMR’s assertion that its bid for the disputed right at Sishen was irregular, saying it will challenge the refusal of the application.
State fires back over Kumba’s Sishen bid
The DMR has rejected Kumba Iron Ore’s right application over a portion of Sishen mine because the group submitted a "fraudulent' application, reports Business Day.
ArcelorMittal sees slow steel recovery
Demand for steel in the developed world will only return to pre-crisis levels in 2015, says ArcelorMittal chair Lakshmi Mittal.