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Ferrous Metals News

Antimony, coal lift miner’s earnings

14th November 2002 South African miner, Metorex, reported that its results for the quarter ended September 30 showed a substantial 325% increase from the previous year in attributable earnings, which translated into a 230% increase in headline earnings per share, following the additional 18-million shares issued in... 

HBI Plant

8th November 2002 Name of the project and location Hot-briquetted iron (HBI) project, South Africa Project description The construction of a $350-million low-cost hot-briquetted iron (HBI) project is being promoted by Mintek. The proposed plant would convert three-million tons of iron-ore fines a year into... 

Enviro study launched for chrome project

By: Martin Czernowalow     6th November 2002 The final scoping report and issues report of the environmental impact assessment (EIA) to develop an environmental management programme report (EMPR), for the Samancor Chrome Lwala Project, have been finalised. 

Saldanha and Qingdao sign sister agreement to promote iron-ore exports

5th November 2002 South African Mining group, Kumba Resources, reached another milestone when a delegation from Qingdao Port, in China, signed a cooperative agreement with the Port of Saldanha. 

Coke-oven repair

1st November 2002 Name of the project and location Coke-oven repair, Kwazulu-Natal. Project description Iron and steel maker Iscor is planning a project to repair coke ovens at its Newcastle long-steel products plant, aimed at reducing or replacing the company’s coke imports of about 130 000 t/y. What makes... 

Anglo appeals against IDC’s inclusion in Tribunal hearing

By: Martin Czernowalow     30th October 2002 The Competition Tribunal merger hearing, regarding Anglo American’s purchase of large stakes in Anglovaal Mining and Kumba Resources, will not take place in early November, following an appeal lodged by Anglo American. 

SA iron-ore group signs deal with Chinese port

30th October 2002 South African iron-ore giant, Kumba Resources has announced an extension to its agreement with the Qingdao Port Authority for the handling and use of iron ore stockpile facilities at Qianwan Port, in the city of Qingdao in Northern China. 

Competition body outlines scope of iron-ore hearing

By: Martin Czernowalow     23rd October 2002 The Competition Tribunal revealed the scope of intervention by the State-owned Industrial Development Corporation (IDC) in the up coming hearing regarding the purchase by Anglo American of large stakes in Anglovaal Mining and Kumba Resources. 

Explosion prevention divisions merge

By: candice haase     11th October 2002 Where it was aimed originally at focusing on coal-dust explosions, the CSIR Kloppersbos facility now also caters for industrial dust explosion prevention. 

Outsourcing at chrome-mine proving successful

By: marisa rodrigues     27th September 2002 Dwarsrivier mine, situated near the town of Steelpoort, in Mpumalanga, is a completely outsourced operation. 

. . . new projects, acquisitions support internationalisation

By: Martin Zhuwakinyu     27th September 2002 Resources giant Anglo American spent $1,9-billion to acquire new assets in South Africa and in other regions of the world during the first half of this year. 

Stainless growth triggers new chrome outpour

By: Deborah Spicer     16th September 2002 Southern African ferrochrome producers are gearing themselves to enlarge their share of the global ferrochrome market based on a belief that the stainless-steel market, which consumes 78% of mined chromite ore, is set to grow. 

Financial adviser appointed to Oz iron-ore project

16th September 2002 Downs Holding, a subsidiary of Kumba Resources and Hancock Prospecting, has confirmed the engagement of Salomon Smith Barney, a member of Citigroup, as strategic and financial adviser in relation to the Hope Downs Iron Ore Project. 

Stainless-steel growth prospects trigger new chrome outpouring

By: Deborah Spicer     13th September 2002 Southern African ferrochrome producers are gearing themselves to enlarge their share of the global ferrochrome market based on a belief that the stainless-steel market, which consumes 78% of mined chromite ore, is set to grow. 

Marandoo, Australia

13th September 2002 Western Australia 

Kumba projects overview

6th September 2002 Name of the project and location Kumba projects overview. Worldwide. Project description Newly-formed South African resources company, Kumba Resources, has released details of 17 projects currently at various stages of development within Kumba. Four relate to the group’s main business or... 

SA iron-ore giant poised for growth

By: Irma Venter     30th August 2002 Currently the world’s fourth biggest seaborne trading iron ore producer, South Africa’s Kumba Resources is positioning to grow its global position. 

SA resources group has strong year, but cautious on 2003

23rd August 2002 South Africa's biggest iron ore producer Kumba Resources beat expectations with a 115% leap in financial year headline earnings on Thursday, boosted by record production, sales and a weaker rand. 

Good performance expected from unbundled mining, steel firms

19th August 2002 South Africa's biggest steel and iron ore producers Iscor and Kumba Resources are seen reporting a leap in annual earnings next week, reaping the rewards of their split and despite a firmer rand. 

Cisco upgrade

16th August 2002 Name of the project and location Cape Town Iron and Steel Works (Cisco) upgrade. Project description The upgrading of the existing 35 t electric arc furnace (EAF) at the Cape Town Iron and Steel Works. Value R50-million. Duration 18 months once approved. Description of main contracts Design,... 

Long-term iron-ore supply contract deal

5th August 2002 Another major milestone in Robe River Iron Associates' West Angelas project has been reached, with the conclusion of five-year full-scale contracts for West Angelas marra mamba iron ore with six Japanese steel mills. 

World iron-ore output falls

1st August 2002 A newly-released iron-ore market study for 2001 to 2003 – produced under a co-operative agreement between the UNCTAD Iron Ore Trust Fund and Raw Materials Group – has found that total world production of iron ore in 2001 was 931-million tons (Mt), a decrease of 3,1% over 2000, when... 

Coal, chrome giant supports empowerment

30th July 2002 Swiss-based mining and metals group Xstrata reported first-half net profits in line with forecasts yesterday, but said tough commodity market conditions in the first six months had continued into the second half. 

SA tin-mining industry to be revived

By: Joanne Delaurentis     19th July 2002 A new up-and-coming black economic empowerment mining company has launched its first two tin operations in the Limpopo Province. 

Progress on SA-linked Oz iron-ore project

19th July 2002 The Hope Downs Iron Ore project, 75 kilometres north-west of Newman in Western Australia’s Pilbara region – in which South Africa’s Kumba Resources is involved – has cleared another major hurdle in its path to development with the announcement yesterday of the delivery of... 

EMD plant (beneficiation project)

19th July 2002 Name of the project and location Electrolytic manganese dioxide (EMD) processing plant. Project description Mineral research body, Mintek, has signed an agreement with the US Trade and Development Agency (TDA), which will provide a grant of R2,1-million to determine the viability of an EMD... 

New mining plan for manganese mine

9th July 2002 Australian resources group Consolidated Minerals has announced an optimised long-term production and mining plan for its Woodie Woodie manganese mine in Western Australia. 

SA ferrochrome industry under review

By: candice haase     5th July 2002 A comprehensive study of the South African ferrochrome industry is being conducted by the Industrial Development Corporation (IDC), and is scheduled for release by the end of August, IDC executive vice president of the projects division Jaco Kriek tells Mining Weekly. 

Closed furnace makes the grade

By: candice haase     5th July 2002 Two weeks into the commissioning of the first of the two 54 MVA closed-furnaces at SA Chrome’s new smelter in Boshoek in the North West, and the furnace had already been ramped up to a power of about 20 MVA, with 14 taps having taken place to date. 

R1,3-bn smelter construction passes the halfway mark

By: Marius Roodt     5th July 2002 Platinum is set to do for Polokwane, capital of the Limpopo Province, what it did for Rustenburg, in the North West Province, by being the centre of gravity in Anglo Platinum’s (Angloplat’s) expansion projects on the Eastern Limb of South Africa’s platinum-rich Bushveld Complex. 

Smelter's twin furnaces commissioned

By: candice haase     5th July 2002 The first of two 54 MVA closed-furnaces at SA Chrome’s new R700-million smelting plant was ready for hot-commissioning in early June 2002, allowing for the first ferrochrome to be tapped in the middle of that month. 

Finnish techno giant commits to project in the long term

By: candice haase     5th July 2002 Finnish technology supplier Outokumpu has committed itself to SA Chrome beyond its involvement in the engineering and supply of equipment and erection services for the construction of the smelter. 

Drilling finalised at Bafokeng mine

By: candice haase     5th July 2002 Drilling at the Royal Bafokeng Nation’s (RBN) chrome reserve, known as the Bafokeng chrome-mine, has been completed and the analysis of the ore as well as the negotiations for the acquisition of this land by SA Chrome will take place shortly, RBN mineral resources executive Lemogang Pitsoe... 

R40-million construction contract winds down

By: candice haase     5th July 2002 With the possibility for the construction of a third furnace at SA Chrome’s newly built smelter in Boshoek, in the North West Province, Nigel-based engineering firm, Mac Engineering hopes to negotiate its continued involvement with the construction of the smelting plant. 

SA chrome firm mulls third furnace

2nd July 2002 South African Chrome and Alloys yesterday said it will know by the end of the year whether it will build a third furnace to boost its high-carbon ferrochrome output from 240 000 t/y to 400 000 t/y. 

Ferrochrome market 'in recovery'

27th June 2002 The high-carbon ferrochrome market has weathered the worst of its downturn and should benefit from improving prices in the latter part of this year, Swiss-based producer Xstrata said on Wednesday. 

Production achieves record month

21st June 2002 One of South Africa’s largest mining slurry-pump distributors, the CH Warman Pump group, has played a significant role in driving down costs at Assmang’s Beeshoek iron-ore mine in Kimberley. 

$30m manganese-beneficiation plan

21st June 2002 Mineral research body Mintek is planning to capitalise on South Africa’s standing as the host of about 80% of the world's known reserves of high-grade manganese ore. 

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