Future of Mittal’s coke unit may hinge on chrome export tax

The decision by a number of South Africa’s ferrochrome producers to curtail production and sell power back to Eskom knocked the earnings of ArcelorMittal South Africa’s (Mittal’s) coke and chemicals unit, whose future could now also hinge on...

Mittal sets aside more than R20m to explore N Cape iron-ore prospect

JSE-listed steel producer ArcelorMittal South Africa (Mittal) has confirmed the acquisition of nearly 20% of an iron-ore exploration project in the Northern Cape province. CE Nonkululeko Nyembezi-Heita reported on Thursday that early stage...

Kumba FY earnings climb 19% to R17bn

Anglo American’s Kumba Iron Ore on Thursday reported a 19% increase in headline earnings to R17-billion as export iron-ore prices and export volume sales increased. The JSE-listed company experienced an export sales volume increase of 3%, from...

Mittal seeks govt approval for N Cape iron-ore acquisition

Africa's largest steel producer ArcelorMittal South Africa (Mittal) has completed its due diligence of an unnamed iron-ore exploration prospect in the Northern Cape and would move to buy the resources once it had received the necessary approvals...

Kumba sees short-term iron-ore price volatility

JSE-listed Kumba Iron Ore, which reported higher quarterly output, on Thursday warned of an increase in the volatility of iron-ore prices in the short term. The company, which forms part of Anglo American group, said steel mills were facing...

Exxaro’s end to local zinc refining ‘clearly unfortunate’ – zinc association

The end that black-controlled JSE-listed Exxaro Resources will put to local zinc refining by December 31 is “clearly unfortunate”, says International Zinc Association of Southern Africa regional director Rob White. The JSE-listed Exxaro put...

Multiple projects progressing on schedule

Metallurgical and chemical solutions provider Outotec is progressing on schedule with the €119-million design and delivery of a new manganese sinter plant, the largest in the world, for the Kalagadi Manganese project, near Hotazel, in the...

Judge says he will need time to consider ‘complex’ Sishen matter

Proceedings in the North Gauteng High Court, in Pretoria, to review the Department of Mineral Resources’ (DMR’s) decision to grant Imperial Crown Trading 289 (ICT) a prospecting right over 21.4% of the Sishen mine, in the Northern Cape,...

Judge needs time to consider ‘complex’ Sishen matter as hearing wraps

Proceedings in the North Gauteng High Court, in Pretoria, to review the Department of Mineral Resources’ (DMR’s) decision to grant Imperial Crown Trading 289 (ICT) a prospecting right over 21.4% of the Sishen mine, in the Northern Cape,...

Mittal thinks small to close iron-ore supply gap

Steel group ArcelorMittal South Africa (Mittal) expects to complete its due diligence of a modest-sized iron-ore prospect in the Northern Cape by the end of August and has indicated that such small-scale developments are likely to be central to...

Mittal expects to make N Cape iron-ore mine call by end Aug

Steel group ArcelorMittal South Africa (Mittal) expects to complete its due diligence of a modest-sized iron-ore prospect in the Northern Cape by the end of August and has indicated that such small-scale developments are likely to be central to...

Coke oven battery recommissioning, South Africa

The final scoping report has been released for the proposed recommissioning of ArcelorMittal South Africa's coke oven battery at its Newcastle works .