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Ferrous Metals
 
IRON-ORE/COAL

Beleaguered Cliffs posts Q2 loss, beats expectations

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US iron-ore and coal producer Cliffs Natural Resources, which is locked in a proxy fight with an activist shareholder for control of the board, on Wednesday reported a net loss for the three months ended June 30, as lower iron-ore and...
24th July 2014
 
 
IRON-ORE

Kumba’s cash return to black shareholding now at astounding R23bn Video Available

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The cash return of Anglo American’s Kumba Iron Ore to its black shareholding since Kumba’s listing on the Johannesburg Stock Exchange in 2006 has risen to R23.5-billion, Kumba CFO Frikkie Kotzee revealed this week. Kumba subsidiary Sishen...
23rd July 2014
 
 
IRON-ORE

Iron Road looks to optimise Central Eyre

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Iron-ore developer Iron Road has undertaken an optimisation study on its flagship Central Eyre project, in South Australia, with the aim of increasing production from 21.5-million tonnes a year to 24-million tonnes a year. A previously conducted...
23rd July 2014
 
 
Ferrous Metals

Creamer Media publishes Real Economy Insight: Iron-Ore 2014 research report

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This three-page brief covers key developments in the iron-ore sector over the past 12 months, including the iron-ore market globally and in South Africa, as well as prospects for the sector.
23rd July 2014
 
 
IRON-ORE

Kumba providing helping hand to up-and-coming BEE iron-ore juniors Video Available

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South Africa’s biggest iron-ore mining company, Anglo American’s JSE-listed Kumba Iron Ore, is lending a helping hand to up-and-coming black economically empowered (BEE) iron-ore juniors in the Northern Cape and Limpopo provinces. Kumba CEO...
22nd July 2014
 
 
IRON-ORE

Mofe Creek environmental, social assessment under way

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ASX- and JSE-listed Tawana Resources has awarded the environmental- and social-impact assessment (ESIA) contract for its Mofe Creek iron-ore project, in Liberia, to environmental and social consulting firm Earth Systems. Earth Systems has...
22nd July 2014
 
 
IRON-ORE

Kumba revenue up on rand weakness, dividend maintained

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The operational profit of JSE-listed Kumba Iron Ore fell 14% in the six months to June 30 on lower exports and the cost of increased mining activities. But revenue was up mainly on currency weakness and Kumba maintained its interim cash dividend...
22nd July 2014
 
 
IRON-ORE

Razorback economics improve on carbon tax drop

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The abolishment of the carbon tax has given the business case of ASX-listed Royal Resources’ Razorback iron-ore project a boost of about A$100-million, the company said on Tuesday. Earlier this month, the Senate voted 39 to 32 in favour of...
22nd July 2014
 
 
 
 
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Kumba’s cash return to black shareholding now... Video
Kumba providing helping hand to up-and-coming... Video
Aviation hitech flying into South African... Video
Mining needs quantum change – SAIMM Video
SADC countries have significant growth potential Video
NDP requires accelerated mining effort –... Video
Transnet poised for another record capex year,... Video
Worrying technical corner-cutting needs to be... Video
No platinum surge despite 400 000 oz... Video
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London Mining expects iron-ore prices... Audio
Geovic confident on Cameroon cobalt... Audio
Lower-cost, higher-capacity SA... Audio
Ontario fast-tracks mining law revamp... Audio
Cleveland-Cliffs to buy coal-miner... Audio
Kalagadi manganese project faces... Audio
Investment in South African mining... Audio