south africa awards arcelormittals disputed sishen mine

Sishen Right Award arcelormittalsaPlatinum gets center stage in South Africa s politics

The High Court set aside the award of a 214 percent right to the Sishen mine to Imperial Crown Trading 289 Pty Ltd whose owners include a business partner of Duduzane Zuma The right was previously held by the ArcelorMittal South Africa a unit of the world’s biggest steelmakerAug 26 32 At the same time ArcelorMittal bought the disputed stake in the Sishen iron ore mine from its new partners The National Union of Metalworkers of South Africa the biggest labor union at ArcelorMittal South Africa has demanded that the government cancel the deals

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ArcelorMittal SAfrica to buy holder of Sishen rights ReutersSouth African judge overrules ICT rights award Financial

Aug 10 32 ArcelorMittal South Africa plans to pay 800 million rand $111 million to buy Imperial Crown Trading ICT which holds a disputed prospecting right Dec 15 32 Kumba’s flagship mine is Sishen in South Africa’s Northern Cape But Anglo would make more from Sishen if not for a preferential pricing agreement between Kumba and ArcelorMittal South Africa

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Arcelor Kumba dispute hearing in IOL Business ReportSouth Africa Price of Peace in Uneasy Marriage

Mar 25 32 ArcelorMittal South Africa said it expected arbitration proceedings relating to its stake in Kumba Iron Ore s Sishen mine to be heard early next year Arcelor Kumba dispute hearing in Mar 08 32 Perhaps ArcelorMittal itself set off the chain of events that led to the current dispute by inexplicably failing to convert the mining rights on its 21 of Sishen to new order rights by the

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South Africa All the president s men Mines and CommunitiesKumba challenges ICT mining right award Reuters

South Africa All the president s men ArcelorMittal in South Africa Khadija Sharife Pambazuka News Issue 511 Khadija Sharife examines the twists and turns in the battle over who will mine a rich iron ore deposit in the Northern Cape in South AfricaSep 03 32 Kumba Iron Ore has challenged an application lodged by Imperial Crown Trading ICT over a disputed mineral prospecting right at Kumba s Sishen mine in South Africa court documents showed on Friday

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ArcelorMittal SAfrica to buy holder of Sishen rights ReutersSishen Site Visit FINAL angloamerican

Aug 10 32 ArcelorMittal South Africa plans to pay 800 million rand $111 million to buy Imperial Crown Trading ICT which holds a disputed prospecting right ArcelorMittal South Africa Sishen Supply agreement • 5th February Sishen Iron Ore Company ‘SIOC’ notified ArcelorMittal South Africa ‘Mittal’ that as Mittal had failed to convert its 214 undivided share in the old order mining rights which it held in relation to the Sishen Mine

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ARCELORMITTAL South Africa Constitutional Court Backs ArcelorMittal South Africa Kumba in talks over new supply

By Alex MacDonald LONDON South Africa s Constitutional Court Thursday upheld Kumba Iron Ore Ltd s KIOJO right to apply for the remaining stake it doesn t already own in Sishen South Africa s largest iron ore mine after ArcelorMittal gt >ArcelorMittal forfeited its rights in The ruling ends a bitter dispute which began when ArcelorMittal forfeited its 214 stake in the mine as Sep 27 32 JOHANNESBURG Reuters ArcelorMittal South Africa and Kumba Iron Ore said on Friday they were in talks over a potential new ore supply agreement as the companies try to resolve a rights and pricing dispute spanning over three years The companies said the talks are for ore from Kumba s Sishen and Thabazimbi min

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ArcelorMittal S Africa introduces surcharge on steelSouth Africa to Decide on Sishen Mine Rights Dispute

ArcelorMittal S Africa introduces surcharge on steel ArcelorMittal South Africa Ltd a unit of the world’s largest steelmaker will introduce a surcharge on steel with immediate effect after failing to resolve a pricing dispute with Kumba Iron Ore Ltd which supplies two thirds of its iron oreJul 27 32 South African Mines Minister Susan Shabangu will make a decision on disputed prospecting rights at Sishen Africa’s largest iron ore mine “within the next week ” the Department of

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Arcelormittal South Africa headline loss of R518m MoneywebArcelorMittal South Africa Kumba in talks over new supply

In a period characterised by depressed economic conditions and weak steel demand ArcelorMittal South Africa has reported a headline loss of R518 million for the year ending 31 December Sep 27 32 JOHANNESBURG Sept 27 Reuters ArcelorMittal South Africa and Kumba Iron Ore Other OTC KIROY news said on Friday they were in talks over a potential new ore supply agreement as the companies try to resolve a rights and pricing dispute spanning over three years The companies said the talks are for ore from Kumba s Sishen and Thabazimbi

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South Africa Grants Sishen Rights Appeal to State ICT ArcelorMittal South Africa Kumba in talks over new supply

Sishen Iron Ore the division of Anglo American Plc AAL ’s Kumba Iron Ore Ltd KIO unit that operates the mine and ArcelorMittal South Africa Ltd ACL had asked the court to annul the award ArcelorMittal MT South Africa previously held part of the mining right to the property In March Kumba canceled a accord to supply 6 Sep 27 32 JOHANNESBURG Sept 27 Reuters ArcelorMittal South Africa and Kumba Iron Ore Other OTC KIROY news said on Friday they were in talks over a potential new ore supply agreement as the companies try to resolve a rights and pricing dispute spanning over three years The companies said the talks are for ore from Kumba s Sishen and Thabazimbi

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South Africa All the president s men Mines and CommunitiesKumba ArcelorMittal Extend Pricing Deal Amid Dispute

South Africa All the president s men ArcelorMittal in South Africa Khadija Sharife Pambazuka News Issue 511 Khadija Sharife examines the twists and turns in the battle over who will mine a rich iron ore deposit in the Northern Cape in South AfricaAug 30 32 Kumba Iron Ore is to continue to supply ArcelorMittal South Africa with ore from its Sishen mine at below market rates until the end of the year with a dispute between the two companies over pricing still rumbling on The dispute arose after ArcelorMittal allowed a mining right at the Sishen mine

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Steel News aistorgSouth Africa s Kumba Iron Ore gets control of mine as

Nov 05 32 The price of iron ore sold to ArcelorMittal South Africa by SIOC will be determined with reference to the cost including capital costs associated with the production of iron ore from the DMS Plant at the Sishen Mine plus a margin of 20 subject to a ceiling price equal to the Sishen Export Parity Price at the mine gateJOHANNESBURG Oct 13 Reuters South Africa s Kumba Iron Ore has won full control of its largest mine the firm said on Thursday after a seven year dispute was resolved The mines department last year awarded Kumba a unit of Anglo American the 214 percent of the mining rights it did not already hold in the Sishen mine but attached

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