Raymond Zondo
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IRON-ORE
SCA ruling moves Mittal, Kumba dispute a step closer to resolution
The long-running iron-ore dispute between ArcelorMittal South Africa (Mittal) and Kumba Iron Ore took a step towards resolution on Thursday, when the Supreme Court of Appeal (SCA) dismissed an appeal by Imperial Crown Trading 289 (ICT) and the...
By: Terence Creamer
28 Mar 13
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
10 May 12
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
07 Feb 12
REAL ECONOMY: RIGHTS DISPUTE
Entirely Avoidable
Given the amount of reputational damage done to South Africa as a result of the Sishen mineral rights dispute, Judge Raymond Zondo’s assessment that the “matter could have been handled better by all parties involved”, was arguably the...
By: Terence Creamer
20 Jan 12
STEEL PRICING
Govt studying Sishen ruling, but will push for developmental price
Trade and Industry Minister Dr Rob Davies says the South African government continues to view a developmental steel price as an "obligation" of the 2001 unbundling of Iscor into separate mining and steel companies and that it would continue to...By: Terence Creamer
16 Jan 12
CORPORATE DISPUTE
Mittal, Kumba delay iron-ore arbitration while legal loose ends are tied
Steel producer ArcelorMittal South Africa (Mittal) has proposed a delay to arbitration proceedings with Kumba Iron Ore (Kumba) regarding the status of the Sishen supply agreement until a mining rights dispute, currently the subject of a High Court...
By: Terence Creamer
09 Dec 11
STEEL
Mittal raises SA steel prices despite global price pressure
Steel producer ArcelorMittal South Africa, which slumped to a dramatic third-quarter loss of R460-million on the back of serious operational disruptions and a rise in input costs, said it had increased domestic selling prices from November 1...
By: Terence Creamer
03 Nov 11
Corporate Dispute
Billions at stake as court reviews Sishen dispute
The much anticipated legal review of the Department of Mineral Resources (DMR) controversial decision to grant Imperial Crown Trading 289 (ICT) a prospecting right at the Sishen mine, in the Northern Cape, has been heard in the North Gauteng High...By: Terence Creamer
26 Aug 11
REAL ECONOMY: SISHEN BATTLE
High stakes
Judge Raymond Zondo of the North Gauteng High Court made it painfully clear last week that he was all too aware of the stakes, as he began considering the oral and written arguments presented to him as part of a review of the Department of Mineral...
By: Terence Creamer
26 Aug 11
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
18 Aug 11
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
18 Aug 11
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
17 Aug 11
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Topics in these articles
| Company | Facility | Industry Term | Natural Feature |
| Person | Region | City | Continent |
Azhar Cachalia Carole Lewis Kevin Swain Raymond Zondo Rudolph Torlage Nonkululeko Nyembezi-Heita Susan Shabangu Alec Erwin Ebrahim Patel Jacob Zuma Kgalema Motlanthe Rob Davies Kumba Iron Ore Themba Hlengani Lakshmi Mittal Sandile Ngcobo Chris Loxton Duduzane Zuma Gugu Mtshali Jacinto Rocha Jagdish Parekh Mark Antrobus Michael Kuper Willie Vermeulen Sandile Nogxina |
Country | Currency | Holiday |
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