Ferrous Metals

Exxaro eyes iron ore investment

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Exxaro Resources says it aims to diversify from coal and wants to add iron ore to its portfolio.

Minas Rio on track, says Carroll

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Anglo American CEO Cynthia Carroll told says the group's key Minas Rio iron ore project in Brazil is moving full steam ahead, following repeated delays and cost overruns.

Murray & Roberts to sell off steel unit

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Construction group Murray & Roberts Holdings says it will close or dispose of underperforming units within its steel business.

Merafe sees strong growth in stainless steel

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Merafe says its medium to long-term growth forecast for stainless steel remains strong, with production expected to reach record levels this year.

Supply fears hurt Amsa sales

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ArcelorMittal SA CEO Nonkululeko Nyembezi-Heita says jitters over the stability of iron ore supply may have prompted the group's South African customers to source steel from abroad.

Sandi Majali granted bail

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UPDATED: Alleged corporate hijacker Sandile Majali has been released on bail after an urgent application was lodged in the Johannesburg High Court, says his lawyer.

Sandi Majali arrested

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The South African Police Service have confirmed the arrest of controversial businessman Sandi Majali for the alleged hijacking of Kalahari Resources.

Kalahari ‘hijackers’ arrested

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The alleged hijackers of mining firm Kalahari Resources have been arrested and will appear in the Pretoria Commercial Crimes Court on fraud charges.

Xstrata to exploit ferrochrome deficit

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Xstrata is set to gain further from the global ferrochrome shortage, which is expected to worsen as producers struggle to meet demand from emerging economies.

Sam Jonah backs new iron venture

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After keeping a low profile for the past two years entrepreneur Sam Jonah has surfaced as the venture capitalist behind an innovative iron manufacturing venture involving Palabora.