MiningWeekly.com | Mining Sector News | Mining Industry

GOLD 1150.60 $/oz

PLATINUM 1446.50 $/oz

R/$ exchange 7.61

R/€ exchange 11.31

Ferrous Metals

M&A

Chrometco to buy minority interests in Lime-Chem, Summer Season

0 COMMENTS

JSE-listed Chrometco has concluded subscription agreements to acquire 9,774% of the share capital in each of two exploration companies, namely Lime-Chem Minerals and Summer Season Trading 84. The existing shareholders of Lime-Chem Minerals and...

By: Esmarie Swanepoel

18th November 2009

CONTRACT NEGOTIATIONS

Brazilian unions approve 2yr Vale contract

0 COMMENTS

The world's second-biggest mining company, Vale SA, has concluded labour negotiations with its Brazilian unions, but remains at odds with workers at its Sudbury, Port Colborne and Voisey's Bay operations, in Canada. In Brazil, a deal was reached...

By: Liezel Hill

17th November 2009

IRON ORE

Vale says wants to start iron ore talks end-Nov

0 COMMENTS

Brazilian iron ore miner Vale said on Tuesday it wanted to start next year's benchmark iron ore negotiations by the end of this month. Renato Neves, president Vale International and Global Iron Ore Director, made the remark to journalists on the...

By: Reuters

17th November 2009

IRON ORE

India's Tata Steel raising iron ore output - paper

0 COMMENTS

India's Tata Steel will invest about 11-billion rupees ($238-million) to raise its annual domestic iron ore production by 55% to 17-million tonnes over two years, the Business Standard reported on Tuesday. The move is aimed at insulating its...

By: Reuters

17th November 2009

MINING EQUIPMENT

Barloworld sees mining-led sales recovery in second half of 2010

0 COMMENTS

Diversified industrial group Barloworld, which reported a 25% drop in operating profit to R1,9-billion for the year to September 30, 2009, said on Monday that it expected 2010 to be "another challenging year". Group revenue declined by 10% to...

By: Terence Creamer

16th November 2009

IRON ORE

Centrex inks sales deal with Chinese steel firm

0 COMMENTS

Australian iron-ore miner Centrex Metals has signed a five-year hematite ore sales agreement with Chinese company Shenyang Orient Iron & Steel. The sales agreement, along with a one year extension option, covered the sale of one-million tons a...

By: Esmarie Swanepoel

13th November 2009

FERROCHROME

Ongoing ferrochrome price rises expected in 2010 – IFM

0 COMMENTS

Increases in the price of ferrochrome are likely to be ongoing throughout 2010, says London-listed South African ferrochrome producer International Ferro Metals (IFM). IFM CEO David Kovarsky expects the upward trend to resume from the beginning...

By: Martin Creamer

13th November 2009

Mine Safety

Kumba Iron Ore’s Thabazimbi mine acquires slope stability radar unit

0 COMMENTS

South African iron-ore producer Kumba Iron Ore’s (KIO’s) Thabazimbi mine has recently celebrated two-years without a lost-time injury, with hopes of achieving this accolade for a third consecutive year.

By: Loni Prinsloo

13th November 2009

Topics in these articles

City	Company	Published Medium	Country
Johannesburg Toronto Mumbai Shenyang London	Chrometco Lime Lime-Chem Minerals Summer Season Trading Summer Season Trading 84 Sudbury Vale Inco Vale SA Business Standard Tata Steel Barloworld Caterpillar Centrex Metals Shenyang Orient Iron Eskom International Ferro Metals Kumba Iron Ore	Lime	Brazil Canada India Spain China Japan Korea South Africa Taiwan United States
Person	Industry Term	Currency	Continent
Cory McPhee Ken Neumann Luiz Inacio Lula Da Silva Clive Thomson David Kovarsky Tony Grey CYNTHIA CARROL Emmy Leeka Geoff Pereira	Steel Industrial Group Hematite Product Iron-ore Miner Electricity Utility Ferrochrome Producer Higher Electricity Cost Price Maker Stainless Steel Demand Stainless Steel Inventory Iron-ore Producer	Rupee USD	Australia Europe North America
Province Or State	Entertainment Award Event	Facility
South Australia	Emmy	Thabazimbi Mine