Imperial Crown Trading
IRON-ORE RIGHTS DISPUTE
SA court grants govt, ICT leave to appeal
A South African court on Friday granted the mining ministry and politically connected Imperial Crown Trading (ICT) the leave to appeal in a mineral rights case against Kumba Iron Ore and ArcelorMittal South Africa. The decision could drag out a...By: Reuters
11th May 2012
STEEL & MINING
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...By: Terence Creamer
10th May 2012
STEEL & MINING
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...
By: Terence Creamer
7th February 2012
Creamer Media on SAfm
26/08/2011 (On-The-Air)
Potential renewable energy developers are currently sifting though bidding documentation released by the Department of Energy earlier this month; Billions at stake as a High Court judge applies his mind to the complex Sishen iron-ore rights matter...
By: Terence Creamer
26th August 2011
LEGAL REVIEW
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,...By: Terence Creamer
26th August 2011
COURT APPLICATION
Second Take: Sishen–Imperial Crown Trading review
Creamer Media's Shannon de Ryhove speaks to Mining Weekly senior contributing editor Terence Creamer about the court review of the Department of Mineral Resources's controversial award of prospecting rights at the Sishen iron-ore mine to Imperial...
19th August 2011
LEGAL REVIEW
DMR's reference to criminal charges in civil Sishen review 'reckless'
Lawyers acting for Sishen Iron Ore Company (SIOC) described the decision by the Department of Mineral Resources (DMR) to air plans to criminally charge SIOC during a review of an application lodged by Imperial Crown Trading 289 (ICT) as "reckless"...By: Terence Creamer
18th August 2011
LEGAL REVIEW
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,...By: Terence Creamer
18th August 2011
CORPORATE DISPUTE
State to lay charges against Kumba for subverting of Act, manipulating officials
The Department of Mineral Resources (DMR) is likely to lay charges against Kumba Iron Ore next week following revelations by Advocate Willie Vermeulen in the North Gauteng High Court on Wednesday that such charges were being prepared.
Details...
By: Terence Creamer
17th August 2011
Corporate Dispute
Mittal 'fell asleep at the wheel' in not converting Sishen rights
The rights at the Sishen iron-ore mine, in the Northern Cape, were "divided" at the time of the unbundling of Iscor to form separate mining and steel companies, lawyers for the Sishen Iron Ore Company (SIOC) argued on Tuesday. Therefore,...By: Terence Creamer
16th August 2011
Corporate Dispute
Court hearing into high-profile Sishen rights case begins
The much anticipated court hearing involving the Sishen Iron Ore Company (SIOC), ArcelorMittal South Africa (Mittal), Imperial Crown Trading 289 (ICT) and the Department of Mineral Resources (DMR) kicked off in the North Gauteng High Court, in...
By: Terence Creamer
15th August 2011
IRON-ORE
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...By: Terence Creamer
5th August 2011
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