Why ArcelorMittal SA remains on the ropes

Motive ‘is to circumvent deal’ he struck with the Chamber of Mines; mining lawyers label the decision ‘an irrational exercise of minister’s power’

The miner recovered very few diamonds to cover operational costs and overheads

The aspiring fluorspar producer reduces risk amid ongoing regulatory uncertainty

The platinum miner warns of impairments totalling R2.2bn, reduced sales and a drop in interim profit by up to two-thirds

The company, which is in business rescue and battling to bring its Wouterspan project into full production, posted no revenue in the latest quarter, and has ...

Shareholders launch campaign against mining company over concern about entering fertiliser market

The producer is in a better position to talk to lenders as sustained improvements ward off a crisis

The platinum miner’s share price rose 9% on Monday morning after it reported a profitable June quarter

Poor prospects for the second half are set to take the shine off the iron-ore producer’s glowing interim earnings amid the economic slowdown

There is much legal argument ahead as the charter is suspended pending the outcome of a court judgment

An urgent Chamber of Mines interdict application results in an undertaking not to implement or apply the provisions of the reviewed charter, pending judgment

The share price is off 3.2%, however, suggesting investors expected even higher earnings

But new executives and operating company plan are still not enough for some shareholders

Subsidiaries turn to arbitration after government passes new legislation to ensure state profits