Transnet opens magnetite route
Transnet Freight Rail has opened a line to transport magnetite for export, after disruptions caused by damage to a bridge, says the company.
Amsa confirms ICT deal is dead
ArcelorMittal SA, the local arm of the world's largest steel maker, has confirmed it has canned its acquisition of Imperial Crown Trading for R800m.
Amsa plan to buy ICT still on – report
ArcelorMittal SA says it may still buy Imperial Crown Trading to regain a disputed iron ore supply deal, according to news daily Business Report.
Amsa pronounces R9.1bn BEE deal dead
ArcelorMittal SA (Amsa) declares the mooted R9.1bn empowerment deal with Imperial Crown Trading dead after the proposed partners fail to meet conditions.
Kalagadi on course for 2012 start
Kalagadi Manganese says it has reached significant milestones in the construction of its R7bn mine and sinter plant, remaining on track to start production in June 2012.
IFM loss widens on strong rand
International Ferro Metals has reported a wider full-year loss, hurt by lower ferrochrome sales volumes and a strengthening rand.
Base Resources’ Kenya titanium project funded
BASE Resources says it has secured funds for its Kenyan titanium project and expects to commence operations next month.
Transnet rules out Saldanha for manganese
Transnet Freight Rail has dismissed using the Sishen-to-Saldanha railway line for the future transport of manganese ore, saying the line will be reserved for iron ore.
Cortec parent says firm digging in Kenya
Parent company of Cortec Mining, Canada's Pacific Wildcat Resources, said its firm continued to prospect in Kenya despite earlier reports saying a High Court order had stopped it.
Iron ore steady ahead of steel uptick
Steel production was likely to tick up in September and October in China with iron ore prices holding steady in the meantime, traders said.