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Ferrous Metals News

Brazilan giant confident that iron-ore prices will remain high

By: Keith Campbell     29th April 2005 BRAZILIAN mining, logistics and energy group Companhia Vale do Rio Doce (CVRD), the world’s biggest iron ore producer, is confident that the price of iron ore will remain high until 2006. 

Technology key to unlocking miner's manganese ambitions

By: Helene Le Roux     22nd April 2005 An innovative beneficiation technology developed by local diversified miner Kumba Resources could see the company entering the manganese industry in the near future. 

Motivation and maintenance makes mechanisation fly at Thorncliffe

By: andrew lanham     15th April 2005 As the chrome industry is a competitive one, chrome mines tend to keep a low profile, and busy themselves by feeding their ever-hungry clients, the ferrochrome smelters. 

Chrome output to rise in sync with platinum-group metals

By: Helene Le Roux     15th April 2005 The expansion of the South African platinum-mining industry is expected to boost local ferrochrome production and support the country’s position as a highly competitive force in the worldwide ferrochrome market. 

Mechanised revolution for Eastern Chrome

By: andrew lanham     8th April 2005 THERE has been a revolution at Samancor’s Eastern Chrome Mines (ECM). 

Kumba awards contract for R2,9bn Sishen project

By: Martin Zhuwakinyu     8th April 2005 South African iron-ore giant Kumba Resources has awarded a R300-million contract to build its R2,96-billion brownfields Sishen Expansion Project (SEP), in the Northern Cape, to a Murray & Roberts/Bateman consortium. 

ASA Metals builds on quality

By: andrew lanham     25th March 2005 Burgersfort is exploding. 

Another iron-ore rail announcement by midyear

By: Terence Creamer     25th March 2005 Transport utility Transnet and iron-ore miner Assmang are in the process of finalising a comprehensive freight plan that is designed to match Spoornet’s rail capacity to Assmang’s export ambition of between 10- and 15-million tons a year beyond 2010. 

Another iron-ore rail announcement by midyear

By: Terence Creamer     25th March 2005 Transport utility Transnet and iron-ore miner Assmang are in the process of finalising a comprehensive freight plan that is designed to match Spoornet’s rail capacity to Assmang’s export ambition of between 10- and 15-million tons a year beyond 2010. 

South Africa is set for ironclad growth

By: Terence Creamer     18th March 2005 The long-anticipated breakthrough between iron-ore miner Kumba Resources and transport utility Transnet on a new rand-based freight contract, has immediately unlocked projects worth R8-billion for the impoverished Northern Cape province – with more to come. 

Project Lion roars to life with $190m investment

By: Helene Le Roux     11th March 2005 Diversified mining company Xstrata will be spending$190-million on its key growth project in South Africa, Project Lion, this year.?Construction started on the first stage of the 360 000 t/y ferrochrome project, in Mpumalanga, in late December. 

New valve will be available soon

By: abdul cook     11th March 2005 Gauteng-based Vestcast has completed three trial projects for companies in South Africa. 

Iron-ore rail breakthrough unlocks R8bn in N Cape investments

By: Terence Creamer     8th March 2005 The long-anticipated breakthrough between iron-ore miner Kumba Resources and transport utility Transnet on a new rand-based freight contract, has immediately unlocked projects worth R8-billion for the impoverished Northern Cape province, with more to come. 

Giant aggressively pursuing $10,2-billion project suite

By: elizabeth rebelo     4th March 2005 Resource giant BHP Billiton continues to aggressively pursue organic-growth opportunities - both greenfields and brownfields - and has added nine new projects, valued at $2,1-billion, to its diverse business portfolio. 

Chrome empowerment deal to be concluded soon 

By: elizabeth rebelo     25th February 2005 Metals and minerals company Assore is on the verge of consolidating yet another empowerment deal with its existing joint-venture partner, Mampa Investment Holdings. 

Samancor Chrome sold for $469m

By: jenny furness     25th February 2005 Mining giants BHP Billiton and Anglo American confirmed last week that they had reached agreement for the sale of Samancor Chrome to the Kermas Group, which has links to Russia, for an enterprise value of $469-million. 

SA iron-ore group all set to double output

By: Terence Creamer     25th February 2005 South Africa’s largest iron-ore producer, Kumba, is in the final stages of unlocking a rail-infrastructure deal with State-owned Transnet that will position it to nearly double output and exports from its Northern Cape operations within the next five years. 

Hope Downs battle to continue in court

By: Helene Le Roux     25th February 2005 A divorce battle of sorts involving South Africa’s largest iron-ore producer, Kumba Resources, will take place in the Supreme Court of Western Australia in the next few months. 

Good progress in solving transport bottleneck

By: Keith Campbell     25th February 2005 DIVERSIFIED South African mining group African Rainbow Minerals (ARM) is hopeful that its negotiations with national transport parastatal Transnet, and its railways and ports subsidiaries Spoornet and South African Port Operations (Sapo), on eliminating mineral export bottlenecks will bear fruit... 

R2,9bn Sishen iron-ore expansion imminent

By: Terence Creamer     18th February 2005 South Africa's largest iron-ore producer, Kumba, is in the final stages of unlocking a rail-infrastructure deal with State-owned Transnet that will position it to nearly double output and exports from its Northern Cape operations within the next five years. 

Kumba closes in on empowerment deal

By: Terence Creamer     18th February 2005 Diversified South African miner Kumba Resources has identified possible black economic empowerment (BEE) partners and is working with its parent, Anglo American, on a deal that should be concluded by the middle of this year. 

After Angloplat smelter, project manager tackles Lion project

By: Liezel Hill     4th February 2005 Two years after completing the project-management of Anglo Platinum’s R1, 44-billion Polokwane smelter project, 20-year-old project house Greenblat & Hutton (G&H) is involved in another significant ferrochrome construction project. 

Big magnesium project under way in Congo-Brazzaville

By: Zonika Botha     28th January 2005 Canadian company Magnesium Alloy Corporation (MagAlloy) is developing one of the world’s largest magnesium salt deposits to meet the demand for the metal by the worldwide automotive industry. 

Resources giant's strong Aussie-Africa ties

By: abdul cook     28th January 2005 Mid-2001 saw the merger of Australia’s BHP Limited and UK-headquartered Billiton Plc to form BHP Billiton. 

Reports of preferred bidder for chrome sale

By: Terence Creamer     28th January 2005 At the time of going to press, there was still no official word on the sale of Samancor Chrome, but it was understood that the process was well-advanced with some speculation that BHP Billiton – which owns 60% of the business with Anglo American owning the balance - may have identified a... 

Thabazimbi – on the road to a century?

By: andrew lanham     21st January 2005 In the 73 years that Thabazimbi mine has been operating, it has supplied a million tons of iron ore to Iscor’s steelworks in Vanderbijlpark and Newcastle. 

BHP Billiton still distilling Samancor Chrome bids

By: Terence Creamer     19th January 2005 There is still no official word on the sale of Samancor Chrome, but it is understood that the process is well advanced and there is even some speculation that BHP Billiton - which owns 60% of the business with Anglo American owning the balance - may have identified a preferred bidder. 

Ferrochrome accident report next week

By: Martin Czernowalow     4th January 2005 The South African Department of Minerals and Energy (DME) will next week release its report on the cause of a mining accident in which seven mineworkers were killed last month at a ferrochrome-mine in the North West Province. 

New stoking application at Samancor

7th December 2004 Furnace stoking is a harsh hazardous application and requires the use of robust reliable equipment to ensure that furnace temperatures are maintained within operating specifications. 

CVRD to develop slab plant with ThyssenKrupp

6th December 2004 Brazil's Companhia Vale do Rio Doce (CVRD), the largest producer of iron-ore and pellets in the world, and ThyssenKrupp Stahl AG, one of the largest European steelmakers, have signed a memorandum of understanding (MoU) for the construction of an integrated slab plant in Brazil. 

Iron-ore boom continues - report

26th November 2004 The iron-ore boom continues, the United Nations Conference on Trade and Development (Unctad) says in its latest report. 

Miner and steelmaker sign iron-ore contract

26th November 2004 The world’s largest producer of iron-ore, Companhia Vale do Rio Doce (CVRD) and one of the major steelmakers in the world, Posco, signed a ten-year contract for the supply of up to 103-million tons of iron-ore fines from April, 2005 to March, 2015, CVRD reported last week. 

Samancor decision possible by year-end

By: Irma Venter     19th November 2004 Global diversified miner BHP Billiton expects a decision on the sale of Samancor Chrome before the end of the year, says spokesperson Michael Campbell. 

Iron-ore boom continues - report

16th November 2004 The iron-ore boom continues, the United Nations Conference on Trade and Development (Unctad) says in its latest report. 

Xstrata permanently shuts SA vanadium operation

5th November 2004 London-listed miner Xstrata yesterday announced that it would permanentantly close its Vantech vanadium operation in Mpumalanga. 

Kumba outsources stevedoring at Saldanha

4th November 2004 Diversified metals and mining company Kumba Resources yesterday said that its subsidiary, Sishen Iron Ore Company, has signed a five-year contract with Greystones Cargo Systems to perform the stevedoring function on iron-ore exports at the port of Saldanha. 

BEE deal for metals supplier

29th October 2004 South African base metals and ferroalloys wholesaler and distributor Metallurg Supplies of Wadeville has concluded a black-economic-empowerment deal that targets employees rather than large empowerment consortia. 

Spoornet studies second iron-ore export channel

26th October 2004 South African rail utility Spoornet, in its quest to satisfy the growing demand for capacity on its railway lines to export iron-ore, announced yesterday that it is conducting a prefeasibility study regarding the opening of a new iron-ore export channel through the Port of Maputo. 

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