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ArcelorMittal SA unveils R9bn BEE deal

ArcelorMittal SA to buy Canadian miner

The board of directors of Canadian junior miner Baffinland Iron Mines Corporation has approved ArcelorMittal South Africa's all-cash CAN$433-million bid to take over the company.
ArcelorMittal SA unveils R9bn BEE deal

ArcelorMittal SA unveils R9bn BEE deal

Steelmaker ArcelorMittal South Africa has announced an empowerment deal worth over R9-billion that will see a 26% stake in the company being sold to the Ayigobi Consortium and a share trust that represents 8 500 of the company's employees.
Volkswagen 'adopts' Dinaledi school

ArcelorMittal SA to build 10 schools

ArcelorMittal South Africa is to build 10 new schools at a cost of R250-million, starting with the R39-million Mamelodi Primary near Pretoria. The schools will be built using insulated panels technology that allows for quicker construction, a South African first.

Mittal, Kalagadi in R4.2bn venture

South African women-led mining firm Kalagadi Manganese has entered a 50/50 equity partnership with ArcelorMittal, the world's largest steel company, to develop a US$630-million manganese mining and beneficiation project in the Northern Cape and at Coega outside Port Elizabeth.


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