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5th August 2010
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Welcome to Creamer Media's Resources Watch, a weekly video round-up of the events and people making and shaping the news in the mining industry.

This week:
Kumba says a study beyond-60-million tons a year of iron-ore is imminent.
Eskom is positioned to power Angloplat's growth.
And, ArcelorMittal South Africa scraps the steel surcharge, but higher ore prices are to be reflected in a new all-in price.

The external concept study that is expected to shed fresh light on the expansion of the Sishen-Saldanha rail capacity beyond 60-million tons a year should be available soon.

Kumba Iron Ore CEO Chris Griffith

Anglo Platinum CEO Neville Nicolau says that State-owned power utility Eskom is positioned to meet the growth requirements of Anglo Platinum.

Anglo Platinum CEO Neville Nicolau

Africa's largest steelmaker ArcelorMittal South Africa will suspend a controversial iron-ore surcharge and begin charging a "single all-in price", reflecting the higher cost of iron-ore as agreed in an interim price agreement with Kumba Iron Ore.

ArcelorMittal SA CEO Nonkululeko Nyembezi-Heita

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Edited by: Shannon de Ryhove

 

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