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Published on 04:56 GMT

Scramble to avert ArcelorMittal job cuts

JOHANNESBURG - Trade, Industry and Competition Minister Parks Tau says discussions are at an advanced stage to save the 3,500 jobs at ArcelorMittal. The steel giant is currently looking into closing its long steel operations in Newcastle and Vereeniging. …

Source: eNCA - Neutral
Published on Mar 24, 2025

U.S. Ambassador tours ArcelorMittal’s Nimba Operations

YEKEPA, Liberia (March 23, 2025) – US Ambassador to Liberia, Mark Toner visited ArcelorMittal Liberia operations, leaving with a positive impression about the significant investment the company has made in the county, which he believes will help Liberia …

Source: The New Dawn Liberia - Neutral
Published on Mar 24, 2025

Liberia: U.S. Ambassador Tours ArcelorMittal Nimba Operations, Applauds Progress as Host Communities Endorse Expansion

YEKEPA – US Ambassador to Liberia, Mark Toner visited ArcelorMittal Liberia operations, leaving with a positive impression about the significant investment the company has made in the county, which he believes will help Liberia with its long-term human and …

Source: Front Page Africa - Neutral
Published on Mar 20, 2025

Government still working to save ArcelorMittal

This funding aims to sustain 2 982 employees for the next 12 months BUSINESS The South African government is actively engaging with ArcelorMittal South Africa (AMSA) to prevent the planned closure of the long steel plant in Newcastle and to recalibrate the …

Source: News24 - Neutral
Published on Mar 21, 2025

South Africa: Employment And Labour Committee Supports Interventions To Avert Job Losses At Arcelormittal South Africa (...

(MENAFN- APO Group) The Portfolio Committee on Employment and Labour supports government's intervention and engagement with ArcelorMittal South Africa (AMSA) regarding potential job losses due to the company's decision to wind down its long steel …

Source: MENAFN - Uncategorized
Published on Mar 20, 2025

Trade, Industry and Competition on engagements with ArcelorMittal South Africa (AMSA) to safeguard the steel industry ...

The South African government continues to engage with ArcelorMittal South Africa (AMSA) to prevent the planned wind-down of the longs steel plant in Newcastle and to recalibrate the steel industry’s role in the South African economy. To support this …

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Published on Mar 20, 2025

ArcelorMittal South Africa seeks funding to delay long steel business closure

ArcelorMittal South Africa has announced that it is negotiating with the government and other stakeholders for financial support that could postpone the planned shutdown of its long steel business. In February, the company revealed plans to cease its long …

Source: Mining Technology - Label Pending
Published on Mar 20, 2025

Almighty scrap breaks out between steel rivals as ArcelorMittal winds down

Mini mill operators say they are ready to take on the slack left by ArcelorMittal’s mill closure, but scrap dealers are less than delighted at this prospect. Despite reports that a government rescue package is on the cards for embattled steel producer …

Source: The Citizen (South Africa) - Center-right
Published on Mar 20, 2025

Government pledges R417 million to sustain ArcelorMittal employees amid talks to avert plant closures

The South African government has pledged nearly R417 million to pay the salaries of nearly 3,000 ArcelorMittal workers as stakeholders scramble to keep its steel mills from shutting down. The Department of Trade, Industry and Competition says it continues …

Source: IOL - Uncategorized
Published on Mar 20, 2025

SAIL, Tata Steel to JSPL: Nuvama raises target prices for steel stocks by 9-22%. Here's why

Brokerage firm Nuvama Institutional Equities anticipates an additional flat steel output of 14–15mt during the fiscal years FY26E and FY27E. India is projected to have a surplus of Hot Rolled Coil (HRC) in FY26E. The brokerage reported that major steel …

Source: Mint - Neutral
Published on 05:25 GMT

SAIL, Tata Steel, AM/NS, JSW and JSPL among speciality steel PLI 1.1 beneficiaries

Speciality steel PLI scheme covers five broad categories and 19 sub-categories. Companies registered in India and engaged in end-to-end steel production are eligible for incentives. Steel Authority of India Limited (SAIL), Tata Steel, Arcelormittal Nippon …

Source: ETAuto - Uncategorized
Published on Mar 24, 2025

Parks Tau says Amsa deal may be reached this week

Intergovernmental task team trying to avert closure and pull at least 3,500 jobs out of the furnace 24 March 2025 - 23:32 by Luyolo Mkentane Trade, industry & competition minister Parks Tau said negotiations with troubled steelmaker ArcelorMittal SA ( …

Source: BusinessLIVE - Label Pending
Published on Mar 24, 2025

Numsa says it remains resolute in fight for better wages for workers

The National Union of Metalworkers of South Africa (Numsa) says it will remain resolute in its fight for better wages and working conditions for workers. The union convened its three-day bargaining conference in Sandton today. The conference brings …

Source: SABC News - Public Broadcaster
Published on Mar 24, 2025

Investec to help sell Amsa’s non-core assets

Investec has been brought in to help with the possible sale of ArcelorMittal South Africa (Amsa’s) non-core assets amid state efforts to keep the long steel business running. An Investec spokesperson said it the company is engaged to sell certain non-core …

Source: BusinessLIVE - Label Pending
Published on Mar 24, 2025

Crisis deepens in SA’s industrial economy, including erosion of bargaining councils

ArcelorMittal South Africa and smaller manufacturers, including the vehicle industry, are facing headwinds. Photo: Patrick Pleul/picture alliance/Getty Images As the National Union of Metalworkers of South Africa (Numsa) prepares for its 2025 …

Source: Mail & Guardian - Left-wing
Published on Mar 24, 2025

CAC Modestly Higher After Firm Start

French stocks remain in positive territory a little before noon on Monday despite coming off early highs. Data showing a slower pace of decline in French manufacturing and services sector activity in the month of March aided sentiment. Still, the mood in …

Source: RTTNews - Neutral
Published on Mar 24, 2025

Mobilising public, private resources must result in sustainable outcomes – Mavuso

When public and private resources are mobilised, they must be directed to projects that result in sustainable change, says Business Leadership South Africa (BLSA) CEO Busisiwe Mavuso. In her latest weekly newsletter, she argues that both the effort to …

Source: Engineering News - Neutral
Published on Mar 24, 2025

Lisa Steyn | There's too much long steel in SA, and something has to give

ArcelorMittal South Africa expects up to 3500 jobs will be affected by a decision to shut its longs steel business. (Supplied/ AMSA) Be among those who shape the future with knowledge. Uncover exclusive stories that captivate your mind and heart with …

Source: News24 - Neutral
Published on Mar 24, 2025

South Africa honours the 65th anniversary of the Sharpeville Massacre!

THE Congress of South African Trade Unions (COSATU) said on Friday that it joins millions of South Africans in honouring the 65th anniversary and the 91 protesters who were callously gunned down by the apartheid regime in Sharpeville on this day in 1960. …

Source: The News Line - Left-wing

06 days 19:36:03

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Published on March 25, 2025 - 00:15 GMT

BSTR Miner announced the upgrade of its “Stress-Resistant Mining Plan” to provide miners with a low-risk, highly ...

London, UK, March 24, 2025 (GLOBE NEWSWIRE) -- [Industry background: mining costs soar, individual miners are under pressure] According to Bitbo data, the difficulty of Bitcoin network mining reached a historical peak of **150 T** on March 25, an increase …

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Published on March 24, 2025 - 23:05 GMT

Law Partners Launches Compensation Uncovered: A New Video Series to help Mining Industry Workers

Compensation Uncovered is the show that lifts the lid on the world of personal injury claims. SYDNEY, March 24, 2025 (GLOBE NEWSWIRE) -- Law Partners, Australia’s largest specialist personal injury firm, has introduced an innovative online video series, …

Distribution channels: Insurance Industry, Media, Advertising & PR ...

Published on March 24, 2025 - 21:00 GMT

JSHASH Launches the Best Free Cloud Mining Option Regulated by the US: Helping Bitcoin and Dogecoin Enthusiasts ...

Minneapolis, MN, March 24, 2025 (GLOBE NEWSWIRE) -- As cryptocurrency continues to gain traction in global financial markets, political leadership plays a crucial role in shaping industry policies. Former U.S. President Donald Trump has recently positioned …

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Published on March 24, 2025 - 19:30 GMT

FioBit’s Global Success: Proof of a Legit and Sustainable Mining Solution

Sydney, Australia, March 24, 2025 (GLOBE NEWSWIRE) -- As the cryptocurrency industry matures, users are placing increasing importance on the legitimacy, technical foundation, operational transparency, and sustainability of the platforms they choose. Since …

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Published on March 24, 2025 - 12:30 GMT

Chain Reaction’s Disruptive ASIC Technologies Enable Innovations with Industry-Leading Customers and Partners for Next-...

SAN JOSE, Calif., March 24, 2025 (GLOBE NEWSWIRE) -- Chain Reaction, a semiconductor leader in next-generation Bitcoin mining and privacy-enhancing technology for encrypted AI computing, announces the launch of its 3nm EL3CTRUM A31 ASIC targeting sub-10 J …

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Published on March 24, 2025 - 12:26 GMT

Mongolian Mining Corporation公佈2024年全年業績

香港, March 24, 2025 (GLOBE NEWSWIRE) -- 蒙古國最大的洗選硬焦煤（「硬焦煤」）生產商及出口商Mongolian Mining Corporation （「MMC」或「本公司」，或連同其附屬公司統稱「本集團」; 股份代號：975）今天公佈其截至2024年12月31日止年度（「2024財年」或「回顧年內」）的全年業績。回顧年內，本集團收益創歷年新高，達1,039.9百萬美元（2023財年：1,034.8百萬美元）。本集團於2024財年合共售出8.6 …

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Published on March 24, 2025 - 12:26 GMT

Mongolian Mining Corporation Announces 2024 Annual Results

HONG KONG, March 24, 2025 (GLOBE NEWSWIRE) -- Mongolian Mining Corporation (“MMC” or the “Company”, or together with its subsidiaries, the “Group”; stock code: 975), the largest producer and exporter of washed hard coking coal (“HCC”) in Mongolia, today …

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Published on March 23, 2025 - 18:01 GMT

Historic Bitcoin Block Mined 'from Basement' Using Bitaxe—Milestone for Home-Based Solo Mining

A solo miner using a Bitaxe from home has mined Bitcoin block 888,989—marking a major win for decentralized mining. MONTREAL, QC, CANADA, March 23, 2025 /⁨EINPresswire.com⁩/ -- In a landmark event for the Bitcoin ecosystem, block 888,989 has been …

Distribution channels: Amusement, Gaming & Casino, Business & Economy ...

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Published on March 24, 2025 - 22:28 GMT

Salgenx Transforms Oil Wells into Grid Scale Saltwater Energy Storage Systems Using Solar PV

Salgenx Explores Use of Existing and Abandoned Oil Wells as Grid-Scale Saltwater Flow Batteries Using Solar PV MADISON, WI, UNITED STATES, March 24, 2025 /⁨EINPresswire.com⁩/ -- Salgenx, a leader in saltwater energy storage technology, has announced a …

Distribution channels: Chemical Industry, Energy Industry ...
Published on March 24, 2025 - 19:53 GMT

Christine Hopkins Named 2025 Small Business Person of the Year for Alaska by U.S. Small Business Administration

The US Small Business Administration has named Christine Hopkins, ASCI's President/CEO & Managing Owner as the 2025 Small Business Person of the Year for Alaska ANCHORAGE, AK, UNITED STATES, March 24, 2025 /⁨EINPresswire.com⁩/ -- The U …

Distribution channels: Companies, Manufacturing ...
Published on March 24, 2025 - 19:27 GMT

Aaron’s Semi Repair Responds to Nationwide Diesel Technician Shortage with Competitive Job Initiative

Aaron’s Semi Repair launches hiring campaign offering competitive pay, $3,000 sign-on bonus, and weekends off to address the national diesel technician shortage ROCK SPRINGS, WY, UNITED STATES, March 24, 2025 /⁨EINPresswire.com⁩/ -- Addressing a …

Distribution channels: Agriculture, Farming & Forestry Industry, Automotive Industry ...
Published on March 25, 2025 - 03:56 GMT

Montage Gold Enters into Strategic Partnership with African Gold to Advance the High-Grade Didievi Project in Côte d’...

HIGHLIGHTS: Montage to obtain up to 19.9% ownership stake in African Gold (ASX:A1G), through the issuance of up to 2.19 million common shares for deemed aggregate consideration of up to circa C$6.3 million African Gold to appoint Silvia Bottero, EVP …

Distribution channels: Companies, Media, Advertising & PR ...
Published on March 24, 2025 - 14:22 GMT

Jason Schenker’s New Book Cold War Two Explores the Future of the U.S.-China Conflict And Is a #1 New Release on Amazon

New Book is a #1 New Release on Amazon - Cold War Two: Navigating a New Era of Uncertainty for the Economy, Finance, Energy, Technology, Trade, and Supply Chain AUSTIN, TX, UNITED STATES, March 24, 2025 /⁨EINPresswire.com⁩/ -- Geopolitical …

Distribution channels: Agriculture, Farming & Forestry Industry, Automotive Industry ...
Published on March 24, 2025 - 13:00 GMT

Great Atlantic Commences 2025 Exploration Program at Glenelg Gold-Antimony-Vanadium Property, Southwest New Brunswick

VANCOUVER, BRITISH COLUMBIA, CANADA, March 24, 2025 /⁨EINPresswire.com⁩/ -- GREAT ATLANTIC RESOURCES CORP. (TSXV.GR) (the “Company” or “Great Atlantic”) is pleased to announce it has begun the 2025 exploration program at its Glenelg Gold – Antimony …

Distribution channels: Business & Economy, Energy Industry ...
Published on March 24, 2025 - 12:19 GMT

Newsmatics Engages Student PR Leaders on Media Transparency, Fake News at PRSSA Event

PRSSA event emphasizes collaboration and leadership development WASHINGTON, DC, UNITED STATES, March 24, 2025 /⁨EINPresswire.com⁩/ -- Public relations students from across the country recently gathered in Charlotte, North Carolina, to boost their …

Distribution channels: Agriculture, Farming & Forestry Industry, Amusement, Gaming & Casino ...
Published on March 24, 2025 - 22:52 GMT

Standout historical intersections highlight the true potential of Chibougamau Camp

Chibougamau Copper-Gold Project, Canada HIGHLIGHTS: Cygnus is continuing to review drill data from the past-producing Chibougamau Copper-Gold Project as part of its strategy to unlock this historic mining district This ongoing review highlights the true …

Distribution channels: Media, Advertising & PR, Mining Industry ...
Published on March 24, 2025 - 22:52 GMT

Intersections historiques remarquables démontrant le véritable potentiel du camp de Chibougamau

Projet de cuivre-or Chibougamau, Canada FAITS SAILLANTS : Cygnus continue de réviser les données de forage du projet de cuivre-or Chibougamau, anciennement en production, dans le cadre de sa stratégie visant à débloquer la valeur de ce district minier …

Distribution channels: Media, Advertising & PR, Mining Industry ...
Published on March 24, 2025 - 21:49 GMT

Ascot Reports 2024 Annual Results

VANCOUVER, British Columbia, March 24, 2025 (GLOBE NEWSWIRE) -- Ascot Resources Ltd. (TSX: AOT; OTCQX: AOTVF) (“Ascot” or the “Company”) announces the Company's audited consolidated financial results for the year ended December 31, 2024. For details of …

Distribution channels: Business & Economy, Companies ...
Published on March 24, 2025 - 21:44 GMT

Mega Uranium Announces Results of Annual & Special Shareholder Meeting

TORONTO, March 24, 2025 (GLOBE NEWSWIRE) -- Mega Uranium Ltd. (TSX: MGA) announces the results of its annual and special shareholder meeting held earlier today. Each of the nominees listed below was elected as a director by a show of hands of the majority …

Distribution channels: Business & Economy, Companies ...
Published on March 24, 2025 - 21:04 GMT

Abitibi Metals Announces C$10 Million Bought Deal Financing

Not for distribution to U.S. news wire services or dissemination in the United States. LONDON, Ontario, March 24, 2025 (GLOBE NEWSWIRE) -- Abitibi Metals Corp. (CSE: AMQ) (OTCQB: AMQFF) (FSE: FW0) ("Abitibi" or the "Company") has …

Distribution channels: Banking, Finance & Investment Industry, Mining Industry ...
Published on March 24, 2025 - 12:51 GMT

Mustang Energy Completes Airborne Geophysical Survey over the Dutton Project, Saskatchewan

VANCOUVER, British Columbia, March 24, 2025 (GLOBE NEWSWIRE) -- Mustang Energy Corp. (CSE: MEC, OTC:MECPF, FRA:92T) (the “Company” or “Mustang”) is pleased to announce that it has completed an Aerial Electromagnetic Survey (Xcite™ TDEM) over its 100% owned …

Distribution channels: Media, Advertising & PR, Mining Industry ...
Published on March 24, 2025 - 12:26 GMT

Mongolian Mining Corporation Announces 2024 Annual Results

HONG KONG, March 24, 2025 (GLOBE NEWSWIRE) -- Mongolian Mining Corporation (“MMC” or the “Company”, or together with its subsidiaries, the “Group”; stock code: 975), the largest producer and exporter of washed hard coking coal (“HCC”) in Mongolia, today …

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Published on March 24, 2025 - 12:26 GMT

Mongolian Mining Corporation公佈2024年全年業績

香港, March 24, 2025 (GLOBE NEWSWIRE) -- 蒙古國最大的洗選硬焦煤（「硬焦煤」）生產商及出口商Mongolian Mining Corporation （「MMC」或「本公司」，或連同其附屬公司統稱「本集團」; 股份代號：975）今天公佈其截至2024年12月31日止年度（「2024財年」或「回顧年內」）的全年業績。回顧年內，本集團收益創歷年新高，達1,039.9百萬美元（2023財年：1,034.8百萬美元）。本集團於2024財年合共售出8.6 …

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Published on March 24, 2025 - 12:01 GMT

Aura Minerals Announces Renewal of Normal Course Issuer Bid and Concurrent Buyback Program for Brazilian Depositary ...

ROAD TOWN, British Virgin Islands, March 24, 2025 (GLOBE NEWSWIRE) -- Aura Minerals Inc. (TSX: ORA) (B3: AURA33) (OTCQX: ORAAF) ("Aura Minerals" or the "Company") announces today that the Toronto Stock Exchange (the "TSX") has …

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Published on March 24, 2025 - 12:00 GMT

Rio2 Announces Receipt of Second Deposit of US$25 Million From Fenix Gold Stream

VANCOUVER, British Columbia, March 24, 2025 (GLOBE NEWSWIRE) -- Rio2 Limited (“Rio2” or “the Company”) (TSXV: RIO; OTCQX: RIOFF; BVL: RIO) announces that, further to its news releases dated November 16, 2021, March 29, 2022, and October 21, 2024, it has …

Distribution channels: Mining Industry ...
Published on March 24, 2025 - 12:00 GMT

Sunrun and PG&E Harness Home Storage and Solar to Alleviate Local Grid Constraints

SAN FRANCISCO, March 24, 2025 (GLOBE NEWSWIRE) -- Sunrun (Nasdaq: RUN), the nation’s leading provider of clean energy as a subscription service, today announced a new innovative partnership with Pacific Gas and Electric Company (PG&E). The …

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Published on March 24, 2025 - 11:30 GMT

American Tungsten Corp. Applauds U.S. Presidential Executive Order to Increase Domestic Critical Mineral Production

Vancouver, BC, March 24, 2025 (GLOBE NEWSWIRE) -- American Tungsten Corp. (CSE:TUNG) (OTCQB:DEMRF) (FSE:RK9) (“American Tungsten” or the “Company”) applauds U.S. President Donald Trump’s Executive Order seeking to bolster the production of domestic …

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Published on March 24, 2025 - 11:00 GMT

Abcourt annonce un placement privé sans courtier d’un maximum de 3 millions de dollars

NE PAS DISTRIBUER AUX SERVICES DE NOUVELLES AMÉRICAINS NI DIFFUSER AUX ÉTATS-UNIS ROUYN-NORANDA, Québec, 24 mars 2025 (GLOBE NEWSWIRE) -- Mines Abcourt inc. (« Abcourt » ou la « Société ») (TSX Venture : ABI) est heureuse d'annoncer qu'elle propose …

Distribution channels: Banking, Finance & Investment Industry, Mining Industry ...