SA endorses iron ore, steel export levy report
South Africa's cabinet endorsed a report supporting the notion of export levies on iron ore and steel in an effort to ensure development pricing.
IDC denies it has plans to unseat Amsa
The Industrial Development Corporation defends its decision to buy Scaw Metals as a defensive strategy aimed at fuelling beneficiation and creating employment.
IDC uncertain of role in Kalagadi Manganese
Government's Industrial Development Corporation also said it may waive its rights to participate further in Kalagadi Manganese if that was in its interests.
Amsa in “catch up” as claws back 18%
An 18% gain in the share price of ArcelorMittal South Africa was due to the fact it had been oversold, a spokesman said despite reports it was due to restructure.
IDC capture of Scaw heralds state steelmaker
The South African government buys Scaw from Anglo and says the firm will compete for state-backed infrastructure business and help further its beneficiation strategies.
ArcelorMittal to quit controversial Kalagadi stake
ArcelorMittal is to sell its 50% stake in Kalagadi Manganese for R3.9bn, a company that has been the subject of corporate governance abuse allegations.
Momentum builds for RoC’s iron ore pioneers
Zanaga, Equatorial Resources and Exxaro Resources mark 2012 with important
advances in the effort to produce iron ore from the Republic of Congo.
Glencore in running for Anglo’s Amapa
Glencore is reportedly one of four bidders for Anglo American’s Brazilian iron ore
mine Amapa, which was valued last year at $1.5bn.
Amsa in new battle with different regulator
ArcelorMittal SA is bracing itself for yet another legal skirmish with regulatory
authorities, this time for allegedly breaching conditions attached to an air emission
licence.
Sishen ramp-up plagued by no-shows
Kumba Iron Ore says the ramp-up of operations at its Sishen mine is beset with
interruptions following the end of the occupation of the mine.