Tata Steel ‘to sell SA assets’
Tata Steel is in talks to sell its South African assets to raise more than $150m, reports the Economic Times.
Zim resigns from Kumba
Lazarus Zim has quit his positions as chairperson and non-executive director of Kumba Iron Ore, citing conflict of interests.
Kumba’s Sishen bid delayed as Zim quits
Kumba Iron Ore's chair Lazarus Zim has stepped down and its court challenge to the 21.4% prospecting right awarded to ICT for Sishen mine has suffered a setback.
Anglo predicts 150m tonnes iron ore output
UPDATED: Anglo American's iron ore output capacity may rise to above 150 million tonnes by 2020, says an executive.
Anglo granted key Minas Rio licence
Anglo American will start building early next year one of its biggest growth projects, the Minas Rio iron ore operation in Brazil, after getting permission from the government.
World Cup lifts Russian steel firms
Russian steel companies are rallying on expectation that hosting the 2018 World Cup will fuel a lucrative construction boom.
Rio, Sinosteel extend JV
Rio Tinto and Sinosteel have extended their Channar iron ore joint venture in Australia to produce a further 50 million tonnes of ore, says Rio Tinto.
Vale, Rio to raise iron ore prices
Top iron ore miners Vale and Rio Tinto are likely to raise contract prices by 4% for the first quarter from the fourth quarter, reflecting gains in spot prices over the past three months.
Mittal calls for rethink on ore pricing
The mining industry has to consider allowing steelmakers to buy part of their iron ore needs using annual pricing contracts, says ArcelorMittal.
Iron ore trading at half-year highs
Iron ore prices have steadied near six-month highs, supported by fewer Indian supplies and demand from Chinese steel mills.