Aquila seeks ‘judicial review’ after appeal fails
After 20 months, mines minister Ngoako Ramalthodi rejects Aquila Steel's appeal over manganese mining rights - a development that will take both to court.
AMSA to cut 400 jobs, widens business review
ArcelorMittal South Africa confirms plans to retrench jobs at its Vereeniging Works and plans to broaden its business review to Vanderbijlpark.
International Ferro Metals goes into business rescue
Ferrochrome producer International Ferro Metals SA has gone into business rescue and there will be repercussions for Pan African Resources
AMSA, Govt link ‘dysfunctional’: O’Flaherty
Paul O'Flaherty spent much of his early time as ArcelorMittal SA's CEO improving relations with government which he described as 'dysfunctional'.
AMSA to ask Kumba to lower iron ore price
ArcelorMittal South Africa said it wanted to get Kumba at the negotiating table to discuss a lower price for the 6.5 million tonnes it buys in iron ore.
Amsa may cut output as market hits skids
ArcelorMittal South Africa was seeking to optimisation production between its steel plants but the closure of part of Vereeniging Works was being considered.
Kumba cuts dividend as cash to debt vexes
Kumba unveils capital cuts while raising the alarm on EBITDA to debt cover amid a deteriorating outlook for iron ore prices.
Kumba to shut Thabazimbi, retrench 1,060
Kumba Iron Ore is to shut its Thabazimbi mine in South Africa's Limpopo province taking numbers retrenched to more than 1,300 people.
South32 to impair Samancor JV with Anglo
The BHP Billiton spinoff suffered its first bad news since listing saying market forces would force it to write-down its loss-making Metalloys operation.
Anglo targets cash over expanding Minas Rio
Anglo American is to drive cash from its Minas Rio iron ore mine rather than occupy itself with expanding an already heavily over-supplied market.