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ArcelorMittal to drop steel prices

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

ArcelorMittal checks its management system

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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.

CoAL expects 1st sales from Vele in next quarter

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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.

Gold One confident on year-end metal target

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Work stoppages hurt production at Gold One International but the gold producer said annual metal output targets remain firmly in its sights.

Bernard Swanepoel to chair Simmers

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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.

Coetzer to take Bird’s mantle at Jubilee

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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.

Demand recovery fires Merafe in H1

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

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.

AngloPlat finally converts its mining rights

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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.

AngloPlat forecasts rising production

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Anglo Platinum remains upbeat on the recovery in the platinum market looking to produce 2.5m oz this year and forecasting the platinum price will stay above $1,500/oz during the remainder of 2010.