Ferrous Metals

Merafe warns over ferrochrome prices

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Merafe Resources, which produces ferrochrome in a joint venture with Xstrata, says third quarter ferrochrome prices have dropped 11% quarter-on-quarter.

Exports boost Kumba earnings

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Kumba Iron Ore says it expects a rise in first-half earnings, lifted by higher iron ore export prices.

Egypt steel magnate faces fresh graft charges

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Egyptian steel magnate Ahmed Ezz, a top ally of ousted President Hosni Mubarak who is being investigated for graft, faces fresh charges of profiteering and squandering public funds.

Exxaro walks away from Territory

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Exxaro Resources has confirmed that its offer for Territory Resources will not be increased.

Territory backs Noble offer

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Australian iron ore firm Territory Resources has recommended a A$132.6m takeover offer from Noble Group, which trumped an earlier offer from South Africa's Exxaro.

Exxaro thwarted in Territory bid

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UPDATED: Exxaro is reviewing its position after its bid for Australian iron ore miner Territory Resources was trumped by Hong Kong's Noble Group.

Iron ore rail line expansion ‘on track’

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Transnet is on track to expand its iron ore and manganese rail line to an annual capacity of 60 million tonnes by 2012/13, says its CEO.

Num declares Sishen dispute

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The National Union of Mineworkers says it has declared a dispute with Kumba's Sishen Iron Ore over non-implementation of a housing clause in the 2010-2012 wage agreement.

Court allows Amsa to join ICT/Kumba case

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The application by ArcelorMittal SA to join Kumba Iron Ore in a court bid against Imperial Crown Trading has been granted, says the steelmaker.

Amsa ups ante in Sishen row

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ArcelorMittal SA is demanding nearly R26bn from Kumba if the steelmaker’s supply agreement for iron ore from Sishen mine is not resumed.