China steel sector ripe for consolidation
China's steel industry is ripe for consolidation in coming years, but the process elsewhere has largely run its course, says the head of ArcelorMittal , the world's largest steelmaker.
The Bafokeng’s royal platinum play
The Royal Bafokeng Nation is about to reach a hugely significant milestone with the listing on the JSE later this year of its own platinum company.
ArcelorMittal SA seeks quick end to price row
ArcelorMittal South Africa seeks a quick end to a price row with Kumba Iron Ore and maintains a focus on growing in Africa.
Lonmin swings to profit in first half
Lonmin has reported an about turn in half year profits by posting first half earnings per share of 15.5 US cents, compared to a first half loss per share of 67.9 US cents for the first half of the previous year.
Samancor suspends ops after two die
Samancor Chrome, the world's second largest ferrochrome producer, has shut down mine
operations following a blast incident that claimed two lives.
Shanduka seizes control of Incwala
Shanduka Resources is to pay R2.8bn in cash and debt in return for a 50.03% stake in Incwala Resources, the struggling empowerment initiative first rolled out by Lonmin in 2004.
Anglo sells zinc assets in $1.3bn deal
Anglo American took another step in a strategy to divest of non-core assets agreeing to sell its zinc mines in southern Africa and Europe for $1.3bn to India focused base metals group, Vedanta.
Zimbabwe rejects Arcelor’s Zisco bid
Zimbabwe rejects a takeover bid by South Africa's ArcelorMittal for state steel maker ZISCO in a move that could slow a drive to attract foreign investment.
Platmin raises $250m of new equity
Platinum junior Platmin, which is developing mines in South Africa, has raised $250m in new equity.