Tuesday, July 17, 2018

ArcelorMittal has revised its steel pricing policy for domestic consumers following the interim pricing agreement reached with Kumba Iron Ore over iron ore supplies.

Coal of Africa says that development of the Vele Project has progressed according to schedule and first sales of coking coal are expected during the next quarter.

ArcelorMittal has called in an external audit firm to confirm that its enterprise risk management system is all it's cracked up to be given what happened over Kumba.

Merafe Resources, which is in joint venture with Xstrata, lifted ferrochrome production 149% in the first half of its financial year as demand recovered.

Former Harmony CEO Bernard Swanepoel will take over as chairman of Simmer and Jack Mines at the company's annual general meeting on September 10.

Jubilee Platinum has unveiled a slew of management changes, including the resignation of the CEO, following the acquisition of Braemore Resources by the platinum miner.

Trade union Solidarity says that wage negotiations at Assmang's Khumani and Beeshoek iron mines in the Northern Cape have been concluded after only two rounds, with the union negotiating a wage increase of 10%.

Anglo Platinum has at last achieved conversion to new order mining rights for all its mines which should ease investor concerns over the relationship between the group and the government.

Resgen, the Australian company with a secondary listing on the JSE, has spent A$2.4 million on exploration and evaluation this year to date.

Hulamin, which produces aluminium products, said the outlook was promising after posting solid first half results.