New CEO for International Ferro Metals
International Ferro Metals has appointed former BHP Billiton manager Christiaan Jordaan as its new chief executive.
Amsa ‘paid’ for cheap Sishen ore
Kumba was compensated in 2001 in anticipation of lower future profits it would’ve sustained due to its iron ore supply agreement with ArcelorMittal SA, read court documents.
Merafe goes for ferrochrome expansion
Merafe Resources will fund its R1bn share of the next expansion of the huge Lion ferrochrome smelter complex, but will not increase its stake in the JV with Xstrata.
West Africa is the ‘new Pilbara’
West Africa is the new Pilbara for iron ore mining as well as a battleground between established miners and Chinese firms seeking to enter the region.
Exxaro bids for Aussie iron ore miner
Exxaro Resources has bid for junior Australian iron ore producer Territory Resources, but could face stiff opposition from commodity trader Noble Minerals.
Kumba, Amsa extend interim price deal
Kumba Iron Ore says its interim iron ore supply agreement with ArcelorMittal SA has been extended until end-July 2012.
New players to shake-up manganese sector
South Africa’s manganese sector is geared for large-scale expansion and will add around 15% to global capacity.
Amsa to secure own iron ore mine
UPDATED - ArcelorMittal SA raised the prospect of restarting its own mining division saying it was in negotiations to develop an iron ore mine.
R4.2bn manganese smelter to boost Coega
The Coega Industrial Development Zone has received a major boost, with the announcement of a R4.2bn rand investment for the construction of a manganese smelter plant.
Amsa reports sharp profit drop
ArcelorMittal South Africa has reported a sharp drop in first-quarter profit, but says it expects improvement in the next three months.