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N1- N3 Courses Reintroduced in Kumba Learnership Programme

Sishen Mine, which is the flagship of Kumba Iron Ore’s operations- has once more reaffirmed its position as a skills development-conscious mining company.  During the recent visit by Dr Florus Prinsloo, the Mining Qualifications Authority (MQA)’s Chief Operating Officer at the end of July 2010, he visited the learners at the FET College Kathu. . . . → Read More: N1- N3 Courses Reintroduced in Kumba Learnership Programme

Assmang Khumani Supports “Take a Girl Child to Work Day”

Women’s Month Celebrations at Assmang’s Khumani mine included participation in the Annual Cell C Take a Girl Child to Work Day. The principle of the day is the exposure of girl learners in Grades 10-12 to the “world of work”, positive role models and the opportunity to make informed career choices. Khumani Mine partnered . . . → Read More: Assmang Khumani Supports “Take a Girl Child to Work Day”

ArcelorMittal SA to Probe ICT’s Sishen Deal

ArcelorMittal South Africa Ltd has appointed a team of lawyers to probe whether Imperial Crown Trading engaged in corruption in acquiring prospecting rights in Kumba Iron Ore Ltd.’s Sishen mine citing Chief Executive Officer, Nonkululeko Nyembezi-Heita. The team will soon interview key individuals at ICT on the Sishen transaction and ArcelorMittal SA will not . . . → Read More: ArcelorMittal SA to Probe ICT’s Sishen Deal

NC Mine Workers Condemn ArcelorMittal SA’s Sishen Rights BEE Deal

Mine workers in the Northern Cape on Thursday 19 August 2010 added their voices to criticism of ArcelorMittal SA’s empowerment deal in Kumba’s Sishen mine in the province. The Congress of SA Trade Unions (Cosatu) in the province said it was “totally disgusted” by the empowerment deal which would benefit a handful of individuals.  . . . → Read More: NC Mine Workers Condemn ArcelorMittal SA’s Sishen Rights BEE Deal

Khumani Ontvang Nuwe Brandbestrydingsvoertuie

Op Woensdag 25 Augustus 2010 het Assmang Khumani ‘n splinternuwe brandweerwa en nooddiensvoertuig ryker geword. Die brandweerwa, die Warrior, is ‘n 4×4 voertuig wat ‘n maksimum van 280 perdekrag en waterkapasiteit van 3200 liter het. Die pompkapasiteit is 3 000 liter per minuut en het ‘n tweeledige drukfunksie: laedruk het ‘n maksimum van 16.5 . . . → Read More: Khumani Ontvang Nuwe Brandbestrydingsvoertuie

Khumani Celebrates Women’s Month with Competition

 KATHU Khumani Iron Ore Mine launched a Women’s Month Competition during August 2010 as part of the Company’s Diversity Awareness Campaign. Teams had to do a visual display of Women’s Month history. After weeks of hard work and painstakingly difficult judging, the winning team was announced on 19 August 2010. With their theme, Female . . . → Read More: Khumani Celebrates Women’s Month with Competition

Kumba Loses Appeal over Sishen Rights

Mineral Resources Minister Susan Shabangu has rejected Kumba Iron Ore’s appeal against the granting of a prospecting right over part of the Sishen mine to Imperial Crown Trading 289.  The country’s largest iron-ore producer, Kumba, is left with the courts as its only recourse to contest the Department of Mineral Resources’ decision to grant . . . → Read More: Kumba Loses Appeal over Sishen Rights

MINING LEGISLATION TO BE REVIEWED

South Africa’s “ambiguous” minerals legislation would be subjected to a “major overhaul” and issues relating to Kumba Iron Ore, ArcelorMittal South Africa and platinum miner Lonmin would be dealt with “immediately” and taken to the Cabinet “soon”, Minister of Mineral Resources Susan Shabangu said on Tuesday 17 August 2010.  From September 01, information on . . . → Read More: MINING LEGISLATION TO BE REVIEWED

Kumba Settles Faleme Dispute

JSE-listed Kumba Iron Ore (KIO) has settled a dispute over the Faleme iron-ore deposit with Senegal, the South African company said on Friday 06 August 2010.  KIO initiated arbitration proceedings after the Senegalese government gave world number-one steelmaker ArcelorMittal permission to mine iron-ore deposits to which the company believed it held rights.  KIO said . . . → Read More: Kumba Settles Faleme Dispute

ArcelorMittal SA to Buy ICT Pending Aquisition of Sishen Rights

Steel producer ArcelorMittal South Africa on Tuesday 10 August 2010 announced that a subsidiary company would acquire Imperial Crown Trading 289 (ICT) for R800-million, with the shareholders in ICT also to be included in ArcelorMittal South Africa’s R9,1-billion black economic empowerment (BEE) deal.  ICT had controversially been awarded the iron-ore mineral rights, which ArcelorMittal . . . → Read More: ArcelorMittal SA to Buy ICT Pending Aquisition of Sishen Rights