News News October 2010

State mining company is govt's prerogative - Cynthia Carroll

27 October 2010

JOHANNESBURG - The creation of a State mining company is the prerogative of the South African government, Anglo American CEO Cynthia Carroll said in Johannesburg on Wednesday night.

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ANC rejects calls on mines

01 October 2010

Durban - The ruling African National Congress has rejected calls from its governing alliance partners to weaken the rand or nationalise mines, a top official said on Tuesday at the ANC's national general council (NGC) meeting.

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Iron-ore fines beneficiation plant to be built in SA following Severstal deal

01 October 2010

A 50 000 t/y facility to convert iron-ore fines into metallic briquettes for use as a scrap supplement in electric steelmaking, will be developed in Phalaborwa, in South Africa's Limpopo province, following a $17-million transaction unveiled on Friday.

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South Africa Targets Sasol and ArcelorMittal in Cartel Push

01 October 2010

Bloomberg reported South Africa is stepping up efforts to fight an unexpected legacy of apartheid cartels in industries from supermarkets to steel that push up prices, deter investment and damp competition.

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