R/€ = 16.33 Change: -0.17
R/$ = 14.47 Change: -0.26
Au 1312.66 $/oz Change: -6.11
Pt 845.00 $/oz Change: -24.14

Ferrous Metals News

Goodyear sees more upside for iron-ore prices in 2006

By: Terence Creamer     16th September 2005 Resources giant BHP Billiton, which is also a top-three iron-ore producer, believes there is still price pressure on the upside for the ferrous mineral despite the fact that the 2005 contract-price settlement came in 71,5% higher year-on-year. 

ARM unveils R7,7bn organic growth strategy

By: Liezel Hill     13th September 2005 Black-empowered mining group African Rainbow Minerals (Arm) yesterday unveiled an organic-growth strategy, involving some R7,685 -billion-worth of capital expenditure, which will be spent over the next 12 months on 7 greenfield and brownfield projects across its full suite of commodities. 

Merafe acquisition gets green light

By: Liezel Hill     9th September 2005 JSE-listed Merafe Resources yesterday reported that it had received unconditional approval from the competition authorities to proceed with the acquisition of a 50% stake in the Wonderkop joint venture from Samancor. 

Siemens to supply automation for new ferrochrome smelter

2nd September 2005 Siemens Southern Africa's Automation and Drives (A&D) division yesterday reported that it had secured an order of some R7-million for the PLC and SCADA component of Xstrata's Lion project. 

Commodity boom buoys Assmang

By: Nicola Mawson     23rd August 2005 Iron-ore and manganese miner Assmang yesterday, announcing its results for the financial year ended June 30, indicated that global demand for iron-ore will remain buoyant. 

Furnaces set for spring restart

By: peter cromberge     19th August 2005 Despite the June announcement by chrome industry leader Xstrata and its black empowered company Merafe Resources that ferrochrome production at seven furnaces would be halted, Merafe states that the temporary closures will not have a ‘material effect’ on its 2005 financial results. 

Junior mining success story needed

By: Helene Le Roux     19th August 2005 The rhythmic sound of drums resounded through the foyer of the JSE Securities Exchange last Friday morning as the bourse opened, signalling the listing of mining junior Chrometco on the Alternative Exchange (AltX). 

Ferrochrome producer to get world's largest furnace

By: Mariaan Webb     19th August 2005 One of the world’s largest ferrochrome producers, Hernic Ferrochrome, near Brits, in the North West, will soon boast the biggest ferrochrome furnace in the world, Johannesburg-based smelter design and construction company Metix MD Reinier Meyjes tells Mining Weekly. 

High-carbon ferrochrome smelter project

19th August 2005 The project will entail the construction of a high-carbon ferrochrome smelter in Richards Bay. The proposed smelter will be implemented in two phases, the first phase producing 120 000 t/y and phase two producing 240 000. 

Kemi chromite- and ferrochrome-mine, Finland

By: Carla Thomaz     19th August 2005 Name: Kemi chromite- and ferrochrome-mine. Location: The mine is located near the town of Kemi, on the coast of the gulf of Bothnia, in northern Finland. Brief history: The deposit was discovered by an ore-prospecting enthusiast in 1959 and, after detailed geological ore dressing and... 

Another R1bn iron-ore project soon

By: Terence Creamer     19th August 2005 Kumba has projects that could take its N Cape output to 70mt 

Newly-listed prospector sets sights on operations

By: Nicola Mawson     15th August 2005 Exploration miner Chrometco, formerly Sweet Equity Investments, on Friday listed on the JSE's alternative exchange, AltX, under the code CMO. 

Kermas bullish on growth prospects despite chrome downturn.

By: Nicola Mawson     15th August 2005 The sale earlier this year by resources companies BHP Billiton and Anglo American of their respective holdings in Samancor Chrome to the relatively unknown Anglo-Russian Kermas group caused something of a stir in the mining community. 

New chrome force sees growth beyond downturn

By: Nicola Mawson     12th August 2005 The sale earlier this year by resources companies BHP Billiton and Anglo American of their respective holdings in Samancor Chrome to the relatively unknown Kermas group caused something of a stir in the mining community. 

Nchwaning Mine, South Africa

By: Carla Thomaz     12th August 2005 Name: Nchwaning Mine. Location: The mine is located in the Northern Cape. Brief history: The Nchwaning mine was established in 1972,while the No 2 shaft came into production in 1981. The new shaft complex at the Nchwaning No 3 mine was commissioned in May 2004. The existing plant at Nchwaning... 

Merafe to raise R850m for chrome expansions

By: Nicola Mawson     11th August 2005 JSE-listed Merafe Resources has indicated that some R850-million will be spent on the acquisition from Samancor of its Wonderkop asset as well as funding for Project Lion, which is due to be commissioned in about a year's time. 

XStrata strike set to continue - union

9th August 2005 Trade union the National Union of Metalworkers of South Africa (Numsa) has indicated that the strike at XStrata's Rustenburg-based ferrochrome plant, which entered its ninth day on Monday, is set to continue for some time. 

Beeshoek iron-ore mine, South Africa

By: Carla Thomaz     5th August 2005 Name: Beeshoek iron-ore-mine. Location: Beeshoek iron-ore-mine is located in the Beeshoek, Postmasburg area of the Northern Cape Province. Brief history: Beeshoek was originally a manganese mine that started operating in 1935. During the 1940s and 1950s, the scope of the iron-ore deposits in the... 

Toliara Sands project

29th July 2005 The project is located between Toliara and Morombe, in the south-west of Madagascar, within which a large resource of smelter-grade ilmenite has been identified. There is also potential to extend reserves northwards. The orebody is free-flowing sand, with no overburden and few environmental issues. 

Samancor Chrome appoints IT service partner for Witbank operation

28th July 2005 Witbank-located Samancor Chrome Ferrometals has awarded ICT company GijimaAst a comprehensive Desk Top support and Call Centre Outsource agreement. 

Eastern promise for Zambia

By: Keith Campbell     22nd July 2005 CHINA is soon expected to annouce investment in exploration for new ore bodies in Zambia. 

IT to improve productivity at Rio Tinto-linked iron mine

15th July 2005 US firm Modular Mining Systems, a company specialising in computer-based solutions for improving mine productivity, has received an order from Pilbara Iron, a member of the Rio Tinto Group, to install its IntelliMine system at the West Angelas mine. 

Manganese demand expected to reach record levels in 2005

By: Helene Le Roux     8th July 2005 Demand for manganese, the silver-grey metal that is a key strengthening ingredient in steel, is expected to reach new heights this year. 

Bruce, King and Mokaning mine

1st July 2005 he project will involve the establishment of a new mine on the farms Bruce, King and Mokaning (BKM) adjacent to Kumba’s Sishen mine. The BKM mine will substantially replace Beeshoek mine near Postmasburg. The proposed BKM mine is expected to export about 10-million t/y by 2010 and an... 

Thabazimbi Iron Ore Mine, South Africa

By: Carla Thomaz     1st July 2005 Location: The Thabazimbi Iron Ore Mine is located 220 km north-west of Johannesburg and 200 km north-west of Pretoria, in the Northern Province. Brief history: Exploration, development and production history dates from 1919. However, large-scale exploration began only in the early 1930s when... 

Project Lion adds to Xstrata’s pride

By: andrew lanham     24th June 2005 With a capacity of more than 1,6-million tons of ferrochrome a year, Xstrata Alloys is currently the world's largest and lowest-cost Southern African ferrochrome producer. 

Iron-ore expansion to boost South African economy

24th June 2005 South African iron-ore giant Kumba Resources’ plans to expand its Sishen iron-ore-mine will not only create much-needed employment in the Northern Cape but will also give a welcome financial injection to government. 

Global iron-ore project push confirmed by new report

21st June 2005 The United Nations Conference on Trade and Development (Unctad) claims the iron-ore industry is experiencing a once in a lifetime boom period, which is leading to strong growth in the project pipeline. 

Coega stainless-steel plant

10th June 2005 A new plan is being drawn up to site a stainless-steel plant at Coega in the Eastern Cape. The proposed plant would include a ferronickel smelter and a ferrochrome smelter, and the output from these two plants could be sent, still in liquid form, directly into the stainless-steel plant. 

Hamersley Basin Mine,Western Australia

By: Carla Thomaz     3rd June 2005 Name: Hamersley Basin Mine. Location: Located 1 100 km north of Perth, in the Pilbara region north-west of Western Australia. Brief history: Hamersley Basin mine consists of five majorproducing mines in the area. They are: Mount Tom Price, Marandoo, Brockman, Paraburdoo and Yandicoogina. Brief... 

Kiruna Iron Ore Mine,Sweden

By: Colleen Smith     20th May 2005 Name: Kiruna iron-ore-mine. Location: Located in Northern Sweden. Brief history: Mining at Kiruna began over 100 years ago and today it is the world’s largest iron-ore-mine. Brief description: An underground operation that employs 1 800 people, of which 400 work in the mine. Products:... 

Contract opens up new market for furnace supplier

By: Jade Davenport     13th May 2005 Furnace drilling and tapping equipment supplier Dango & Dienenthal Southern Africa has been awarded a R4,5-million contract for a left- and right-hand combination clay-gun and tap-hole drill for the Xstrata Lion ferrochrome project in Mpumalanga. 

Marketing campaign under way to promote furnace products

By: Jade Davenport     13th May 2005 The internationally-recognised process engineering giant Bateman has embarked on an intensive marketing campaign to promote its new and advanced range of AC furnace equipment and direct reduced iron (DRI) technology. 

New chrome landscape emerging with yet another deal

By: Liezel Hill     5th May 2005 Global chrome industry leader Xstrata and its black economic-empowered (BEE) partner Merafe yesterday announced plans for the purchase of assets and resources from Samancor Chrome worth $83-million, which, if approved by the competition authorities, would make the two partners easily the... 

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. 

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