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Ferrous Metals
 
IRON-ORE

Philippine port says Vale transshipment ops start Feb 12

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Brazil's Vale will begin its iron-ore distribution operations in the Philippines this weekend, the Philippine port operator said, from where the world's top miner of the raw material will transfer China-bound ore brought in by big ships. Vale is...
By: Reuters
7th February 2012
 
 
IRON-ORE

China steel profits to weaken in 2012 on low demand -industry ministry

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Low demand and higher costs are expected to further erode profits in the Chinese steel sector in 2012, China industry ministry spokesman Zhu Hongren said on Tuesday. He said many big steel enterprises suffered losses in the second half of last...
By: Reuters
7th February 2012
 
 
APPOINTMENTS

Century hires former Cliffs, Consolidated Thompson manager

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Canadian iron-ore hopeful Century Iron Mines has appointed Hubert Vallee, a former Cliffs and Consolidated Thompson manager, as logistics, mine development and operations VP, the company said on Monday. Vallee was part of the team that built the...
By: Matthew Hill
6th February 2012
 
 
IRON-ORE

Global iron-ore demand growth remains robust

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Global iron-ore production showed a healthy increase of about 8% in 2011, compared with 2010, but the increase was not as impressive as previous years, Raw Materials Group cofounder and partner, Magnus Ericsson, said on Monday. Speaking at the...
By: Jean McKenzie
6th February 2012
 
 
MINING & JOBS

IDC report highlights jobs potential of SA mining

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Jorge Maia A supportive operational environment together with a turnaround in South Africa’s mineral extraction rates could stimulate the creation of an additional 140 000 direct mining jobs by 2020 and over 200 000 by 2030, the State-owned Industrial...
By: Terence Creamer
6th February 2012
 
 
IRON-ORE

Gindalbie awards A$570m Karara contract

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Metals developer Gindalbie Metals has awarded a A$570-million mining contract for its Karara iron-ore project, in Western Australia, to Downer EDI Mining. Spanning over six years, the contract is one of the largest single operational contracts...
By: Esmarie Swanepoel
6th February 2012
 
 
URANIUM

Deep Yellow splits Namibia deposit, reports progress

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Australian uranium exploration company Deep Yellow has removed its Tubas Red Sand (TRS) deposit from its Omahola project, in Namibia. The company’s flagship project, located near Swakopmund, initially comprised three deposits, namely Inca, TBS...
By: Natasha Odendaal
6th February 2012
 
 
IRON-ORE

BHP Billiton mum on possible Gabon iron-ore deal

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BHP Billiton declined to comment on Monday on reports it has reached a deal to develop an iron ore mine in Gabon, which could add more than one-billion tons to the world's third biggest iron-ore miner's resources. A member of the official...
By: Reuters
6th February 2012
 
 
 
 
 
 
 
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