Amsa ups ante in Sishen row
ArcelorMittal SA is demanding nearly R26bn from Kumba if the steelmaker’s supply agreement for iron ore from Sishen mine is not resumed.
New CEO for International Ferro Metals
International Ferro Metals has appointed former BHP Billiton manager Christiaan Jordaan as its new chief executive.
Amsa ‘paid’ for cheap Sishen ore
Kumba was compensated in 2001 in anticipation of lower future profits it would’ve sustained due to its iron ore supply agreement with ArcelorMittal SA, read court documents.
Most SA gold mines to close in 10 years
Rising input costs and declining reserves spell the end of the industry on which SA's economy has been built.
Exxaro workers plan strike
More than 7 000 workers at Exxaro may strike over plans to rationalise the business.
Ever-deeper gold still costs lives
The massive drill is deafening as it bores into the rock of the world's deepest mine where heat and humidity sap the strength of gold miners who never know when the next rock fall might kill or maim.
Shabangu rules out state miner bailouts
State-owned mining company AEMFC will "never' be bailed out at taxpayers’ expense if it falls on difficult times, says Mines Minister Susan Shabangu.
Riversdale in offtake deal for Benga coal
Riversdale Mining says it has entered into an offtake agreement with trader Trafigura for thermal coal from its Benga coal mine in Mozambique.
PwC: Mining taxes a minefield
Ongoing increases in commodity prices and the growing bottom lines of resources companies juxtaposed against struggling or still recovering economies has heightened the call for mineral tax to be reviewed in many countries.
Merafe goes for ferrochrome expansion
Merafe Resources will fund its R1bn share of the next expansion of the huge Lion ferrochrome smelter complex, but will not increase its stake in the JV with Xstrata.