Ferrous Metals

Cortec banned from Kenya prospect

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Cortec, a South African company, has been told to stop mining in Kenya where it has already sunk nearly $144m searching for niobium which is used in the production of ferrous metals.

Sallies gets approval for $2.8m loan

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Shareholders in Sallies approved $2.8m loan to help bolster the recommissioning of its Witkop mine.

Rio: surge in iron ore demand to continue

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The world needs at least 100 million tonnes of additional iron ore supply each year for the next eight years, says Rio Tinto.

Mining changes nations’ destinies, says Rio

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Major mining developments have the potential to "fundamentally change the lives of people and, at a broad level, the prosperity of nations, if done properly", says Rio Tinto.

Kumba responds to Sishen right uncertainty

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UPDATED: Kumba Iron Ore has drawn a line under any uncertainty over its 78.6% mining right in Sishen, arguing the right is secure in accordance with the MPRDA.

ICT: Kumba’s Sishen rights ‘non-existent’

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Imperial Crown Trading 289 has questioned the status of Kumba's 78.4% mining right over Sishen mine, saying the firm had not registered its converted right on time.

Kumba justifies claiming it all

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Kumba Iron Ore has offered some detail to its arguments as to why it shouldn’t be compelled to supply iron ore to ArcelorMittal SA, or anybody else, at a discount.

Sishen showdown set to commence

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The dispute over Kumba Iron Ore’s Sishen mine will come to a head from Monday when the protagonists square off in court over a 21.4% right in a world-renowned mineral asset.

ArcelorMittal furnace out of action

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ArcelorMittal SA says a furnace at its Newcastle plant has failed and will be out of service for the next two months.

Kumba workers to get R2.3bn payout

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Some 5,000 Kumba Iron Ore employees are set to get up to R500,000 each in November when a broad-based empoyee share participation scheme matures.