Initial judgement in High Court Review secures 100% mineral rights for SIOC
Thursday, 15 December 2011
| The North Gauteng High Court handed down its order today in relation to the residual Sishen mining rights. |
Arbitration postponed
Friday, 9 December 2011
Shareholders are informed that ArcelorMittal South Africa Limited ("AMSA") has proposed a delay in the arbitration proceedings regarding the Sishen Supply Agreement |
Interim Price Agreement extended to July 2012
Tuesday, 17 May 2011
Shareholders were previously advised that Sishen Iron Ore Company (Proprietary) Limited ("SIOC") and ArcelorMittal South Africa Limited ("AMSA") had on 22 July 2010 reached an interim pricing agreement ("the current interim agreement") in respect of the supply of iron ore to AMSA from the Sishen Mine for the period from 1 March 2010 to 31 July 2011. |
Proceedings in relation to the residual Sishen Mine mineral rights
Thursday, 27 January 2011
| Shareholders were previously advised that, as a result of the failure by ArcelorMittal South Africa Limited to convert its former old order mining right as to a 21,4% undivided share in the Sishen Mine, its old order mining right had lapsed. |
Proceedings in relation to the residual Sishen mine mineral rights
Friday, 14 January 2011
| Sishen Iron Ore Company (SIOC), a subsidiary of Kumba Iron Ore Limited (Kumba), today announced that the company was informed on 12 January 2011 by the Department of Mineral Resources (DMR) that Imperial Crown Trading 289 (Pty) Ltd (ICT) had applied for a 21.4% mining right over Sishen Mine on 9 December 2010. The DMR accepted this application on 23 December 2010. |
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