Ferrous Metals

Motjoli to challenge Kumba in R11bn mine

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Little known Motjoli Resources is considering building an R11bn iron ore mine that will add diversity to supply of a mineral much in the frame lately.

Govt may rule in vexed iron ore dispute

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A temporary peace has been called between ArcelorMittal and Kumba Iron Ore but government has a key role to play as it's concerned at how steel prices could be affected.

Kumba arbitration could take two years

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It could take between one and two years for arbitration proceedings over the disputed iron ore contract between Kumba Iron Ore and ArcelorMittal to reach a decision.

Kumba’s interim profits soar

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Kumba Iron Ore has reported a 90% surge in profits for the first six months of 2010 but sounded a note of caution on expected trading conditions in the second half which could show a modest slowdown.

Kumba strikes interim deal with ArcelorMittal

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UPDATED - Kumba Iron Ore and ArcelorMittal have reached an interim pricing agreement which will keep iron ore supplies flowing to the steel producer.

Shabangu must act on Sishen dispute

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Top rated analyst David Pleming of Macquarie First South Securities has called for mining minister Susan Shabangu to take a leadership role in dealing with the mining rights dispute at Sishen.

Ferro Metals production takes a dip

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International Ferro Metals, the London-listed ferrochrome producer with operations in South Africa, reports a 6% drop in quarter-on-quarter production.

Xstrata-Merafe Chrome Venture mining unhindered

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Merafe Resources says on that the Xstrata-Merafe Chrome Venture's mining operations will continue as planned while the company prepares to present its case to the Department of Mineral Resources.

SA govt says Kumba, Amsa will settle

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Kumba Iron Ore and ArcelorMittal SA "committed themselves" to finding a settlement, says a spokesman for South Africa's trade and industry department.

Amsa warns of beneficiation review

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ArcelorMittal SA has warned that the government's mineral enrichment plans will need a complete review if the steelmaker can no longer receive lower than market prices for iron ore.