Imperial Crown Trading says the appeal court’s interpretation of an Act that resulted in Sishen Iron Ore repossessing rights at Sishen mine was wrong.
Why does Glynnis Breytenbach’s reinstatement at the NPA threaten Jacob Zuma’s allies? We explain it all in under five minutes.
It has been revealed that the head of the Johannesburg state attorney’s office was among those behind the tip-offs which led to a meeting with ICT.
The DA is calling for a probe into the mineral resources department following its handling of "the mineral rights debacle involving Kumba and ICT".
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/ 10 February 2012
Lawyer says a department manager died as he was about to spill the beans about controversial deal.
Observers fear Glynnis Breytenbach is the victim of collateral damage in the battle between the Sishen mining rivals.
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/ 23 December 2011
The politically linked Imperial Crown Trading 289 has a long legal battle ahead of it.
ArcelorMittal SA has dropped its acquisition of Imperial Crown Trading for R800-million.
An internal due diligence process may be at the heart of the failed empowerment deal between steel giant ArcelorMittal and the Ayigobi Consortium.
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/ 27 September 2011
ArcelorMittal says it would not proceed with a much-criticised black economic empowerment deal after its conditions were not met by Kumba Iron Ore.
Are you tired of hearing about Kumba, which sounds more like a song than a mining company? Here’s a breakdown of the story.
The state is due to lay charges against Kumba Iron Ore over its application for a mining right over the company’s Sishen mine it did not yet own.
Mining giant Kumba are arguing in court that Imperial Crown Trading submitted a "fraudulent" prospecting right to the department of mineral resources.
The Hawks have raided the offices of the department of mineral resources and a company involved in a bitter dispute with a unit of Anglo American.
ArcelorMittal South Africa has decided to join Kumba Iron Ore in its legal case against Imperial Crown Trading.
Court case could lead to collapse of multibillion-rand ICT and BEE deals.
Mineral Resources official in "close personal relationship" with controversial mine bids businessman.
Corruption, incompetence and policy uncertainty are scaring off investors.
If Kumba and ICT can claim ownership of rights to 21,4% of the mine for the price of a R500 application fee, why not a member of the public?
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/ 14 January 2011
Sishen Iron Ore has objected to a decision by the mineral resources department to accept a mining right application from Imperial Crown Trading (ICT).
Government has denied that politically-connected Imperial Crown Trading has been awarded coal prospecting rights for 162 spots next to the Vaal River.
ArcelorMittal SA’s proposed BEE transaction with controversial company ICT has been called many things. But is it transformation?
The Gupta family, friends of President Jacob Zuma, were key to the agreement to sell prospecting rights at Sishen to steel conglomerate ArcelorMittal.
ArcelorMittal has defended it’s much-criticised BEE deal to Parliament, saying that "controversy is not the same as corruption".
ArcelorMittal SA appears to have found a political solution to its commercial problems by announcing two deals involving controversial ICT.
ArcelorMittal SA said on Tuesday it would buy Imperial Crown Trading, which holds a disputed prospecting right previously held by the steelmaker.
Kumba Iron Ore said on Monday it had rejected Imperial Crown Trading’s bid to start prospecting for iron ore at Kumba’s Sishen mine.