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Emerging markets to continue to drive demand
14th July 2006 The world’s largest diversified miner, BHP Billiton, has given its backing to the view that the steel industry, which faced a torrid period at the turn of the century with overcapacity and rising costs, will remain ‘stronger for longer’ - the company is a leading iron-ore and... →
Argent hits R1-billion target, growth to continue ‘unabated’
14th July 2006 JSE-listed steel merchant Argent Industrial has hit the R1-billion turnover mark, despite a period in which it says it experienced ‘depressed’ steel prices, and is targeting further growth. →
Mittal denies SA exit plan, seals Arcelor deal
14th July 2006 The world’s largest steel manufacturer, Mittal Steel, last month denied rumours that it would sell Mittal Steel South Africa as part of the deal to merge with Arcelor. →
Mining giant expects emerging markets will continue to drive steel demand
29th June 2006 The world's largest diversified miner, BHP Billiton, has given its backing to the view that the steel industry, which faced a torrid period at the turn of the century with overcapacity and rising costs, will remain 'stronger for longer' - the company is a leading iron-ore and manganese producer,... →
Transnet woes crimping SA manganese growth - BHP Billiton
28th June 2006 The world's largest diversified miner BHP Billiton indicated on Wednesday that capacity limitations within South Africa's railways and port system were a major constraint to the development of its manganese business and called for a South African mining industry initiative to deal with the... →
Argent hits R1bn target, growth to continue 'unabated'
27th June 2006 JSE-listed steel merchant Argent Industrial has hit the R1-billion turnover mark, despite a period in which it says it experienced 'depressed' steel prices, and is targeting further growth. →
Mittal denies SA exit plan, seals Arcelor deal
26th June 2006 The world's largest steel manufacturer, Mittal Steel, on Monday denied rumours that it will sell Mittal Steel South Africa as part of the deal to merge with Arcelor. Corporate communication manager Paul Weigh says there is no truth to the rumour. "We firmly deny this rumour and it couldn't be... →
Union raises concern about Kumba's BEE deal
26th June 2006 Trade union Solidarity has expressed concern about Kumba's black economic-empowerment deal, saying that Kumba staff are unhappy with the employee share-ownership plan benefits. →
Mvela forecasts asset-based BEE-miner consolidation
23rd June 2006 Black-controlled diversified resource company Mvelaphanda Resources expects signficant merger and acquisition potential within the black economic-empowered (BEE) segment of the mining industry, particularly at an asset level. Investor relations executive James Wellsted says that the company,... →
Aflease, Trinity share swap could end R&E liquidation saga
23rd June 2006 South African gold development company Aflease Gold, which is 79% owned by Canadian-listed uranium firm sxr Uranium One, on Friday announced a share swap that will see it becoming the biggest shareholder in Randgold & Exploration. CEO Neal Froneman told journalists at a briefing that the company... →
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