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Electricity intensive firms to approach Nersa for new job-saving tariff deal

Electricity intensive firms to approach Nersa for new job-saving tariff deal

By: Terence Creamer     16th August 2017 The Energy Intensive Users Group (EIUG) will approach the National Energy Regulator of South Africa (Nersa) before the end of September with a... 

Kumba lifts iron-ore output 23%, reinstates dividend, shares rise

Kumba lifts iron-ore output 23%, reinstates dividend, shares rise

By: Martin Creamer     25th July 2017 Iron-ore mining company Kumba Iron Ore on Tuesday reported a 23% increase in production in the six months to June 30 on the back of a productivity... 

Baker McKenzie South Africa Banking & Finance team advises Arcelormittal South Africa on borrowing base facility

Baker McKenzie South Africa Banking & Finance team advises Arcelormittal South Africa on borrowing base facility

2nd June 2017 Arcelormittal South Africa (AMSA) and its subsidiary, Saldanha Steel, have been granted a ZAR 4.5-billion revolving borrowing base facility with a... 

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Davies promises support for downstream firms as he confirms steel safeguard duty

Davies promises support for downstream firms as he confirms steel safeguard duty 

By: Terence Creamer     8th May 2017 Trade and Industry Minister Dr Rob Davies confirmed on Monday that he had signed off on a hot-rolled coil (HRC) safeguard duty, but refused to be... 

Competition Commission is looking for precedent setting excessive pricing case

Competition Commission is looking for precedent setting excessive pricing case

25th April 2017 The South African Competition Commission recently referred a supplier of the main ingredient in bricks used in the construction of affordable... 

dti: Minister Davies welcomes ArcelorMittal's road to rail initiative

dti: Minister Davies welcomes ArcelorMittal's road to rail initiative

24th February 2017 The Minister of Trade and Industry Minister, Dr Rob Davies has welcomed ArcelorMittal South Africa’s (AMSA) initiative to remove cargo from the... 

Kumba earnings soaring on higher iron-ore prices

Kumba earnings soaring on higher iron-ore prices

By: Martin Creamer     25th January 2017 The earnings of Kumba Iron Ore, the Anglo American iron-ore mining company up for sale, are soaring on higher export prices – but whether or not... 

At last, residual mining right returned to Kumba Iron Ore’s Sishen

At last, residual mining right returned to Kumba Iron Ore’s Sishen 

By: Martin Creamer     13th October 2016 A long-running legal dispute, which arose in 2010, came to a head on Thursday when South Africa’s Department of Mineral Resources (DMR) returned... 

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