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ArcelorMittal sees slow steel recovery

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Demand for steel in the developed world will only return to pre-crisis levels in 2015, says ArcelorMittal chair Lakshmi Mittal.

Supply tight as Eskom battles wet coal

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Eskom says it has put measures in place to protect stocks from rain, but warns SA's power supply remains tight.

Petmin to finance Liberian exploration

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Petmin has agreed with Hummingbird Resources to provide $2m for the exploration of Hummingbird’s iron ore-rich Ginka licence area in Liberia.

Optimism grows over Harmony’s PNG bonanza

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An update from Harmony’s Papua New Guinea-based operations underscores their potential to boost a lacklustre share.

Gold skims 10-week low

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Gold has fallen to its lowest price levels in ten weeks, putting the metal on course for its worst monthly performance since 2009 as safe-haven demand evaporates.

Ian Cockerill’s punt on Liberia

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Petmin's investment in an iron ore project in Liberia links it to AIM-listed Hummingbird Resources, with Ian Cockerill chairman of both companies.

Furnace pains put damper on IFM sales surge

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International Ferro Metals says quarterly sales of ferrochrome have doubled, but warns its production will be hampered by furnace problems for the rest of the year.

Nkwe backtracks over suspension

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Nkwe Platinum is to place the relisting of its ASX-listed shares on the back burner because of continued uncertainty over the group’s hold on key assets.

Rio Tinto closes in on Riversdale

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So far no rival has come up with a superior competing bid to Rio Tinto's $3.9bn offer for Riversdale Mining, and Riversale directors don't know of anyone planning to do so.

Bid to liquidate Zuma, Mandela firm

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Trade union Solidarity has submitted an application to the high court for the liquidation of the politically connected Aurora Empowerment Systems.