R/€ = 14.80 Change: 0.06
R/$ = 12.04 Change: 0.05
Au 1341.30 $/oz Change: 4.84
Pt 1008.50 $/oz Change: 14.88

Iron Ore News

SA ferrochrome plant closed

     27th November 2001 Mining and energy giant BHP Billiton has announced the closure of its Palmiet Ferrochrome operation, located in Krugersdorp, South Africa, effective immediately. 

Menell confirms iron-ore strategy

By: Terence Creamer     23rd November 2001 The head of Anglovaal Mining (Avmin), Rick Menell, has confirmed that none of the three alliance partners holding shares in Kumba intend selling their stakes when the company is listed on the JSE Securities Exchange on Monday. 

Jig system performs well

     16th November 2001 East Rand company Humboldt Wedag SA has installed and commissioned the first full Batac jig system in an iron-ore application in South Africa at the Assmang Beeshoek mine in the Northern Cape. 

Union, mining group close to deal on strike

     6th November 2001 Mining company BHP Billiton said it hoped a 25-day wage strike at its Samancor unit would soon be resolved after a key union said it may end the strike today. 

Mining group’s life may be short following approach

By: Terence Creamer     1st November 2001 Although steel and mining group Iscor has confirmed a formal approach for its mining business, it is unlikely that any moves will be made until after the conclusion of unbundling process on November 26. 

Iron-ore deal is trade compliant – Erwin

By: Terence Creamer     31st October 2001 Trade and Industry Minister Alec Erwin has strongly defended as trade-rule compliant a recently-announced deal through which South Africa’s largest steel company, Iscor, has secured an undivided 6,25-million tons a year of iron-ore from its associate Kumba Resources. 

$350m HBI plant on cards for SA

     26th October 2001 The construction of a low-cost $350-million hot-briquetted iron (HBI) project in South Africa, is being promoted by minerals and metallurgical technology parastatal Mintek. 

Empowerment-in-mining plans

By: Martin Zhuwakinyu     26th October 2001 Black economic empowerment (Bee) companies are set to benefit over the next few years from several projects worth billions of rands being promoted by mineral and metallurgical parastatal Mintek. 

Is iron-ore deal trade law friendly?

By: Terence Creamer     19th October 2001 The complex iron-ore procurement arrangement at the heart of the Iscor-Industrial Development Corporation (IDC) unbundling deal, announced late last month, could raise the eyebrows of increasingly skittish competition authorities worldwide. 

Strike hits ferrochrome output

     12th October 2001 Ferrochrome producer Samancor, a subsidiary of BHP Billiton, has cut 40 000 tons of its 850 000 tons annual output because of a wage strike that started on Thursday, a BHP Billiton spokesman said. 

‘China to cushion iron-ore prices’

By: Terence Creamer     12th October 2001 South Africa’s leading iron-ore producer is confident that the commodity remains in decent shape despite current woes in the international steel sector, where talk of rationalisation is rife. 

Now ferrochrome strike looms

     10th October 2001 The National Union of Metalworkers of South Africa (Numsa) said its members would embark on a wage strike from Thursday at the ferrochrome units of Samancor, a subsidiary of mining giant BHP Billiton. 

SA iron-ore project less urgent after unbundling deal

By: Terence Creamer     2nd October 2001 The development of the Welgevonden iron-ore mine, in the Northern Cape, is likely to be less urgently pursued following last week’s unbundling agreement between Iscor and the the Industrial Development Corporation IDC. 

Firm saves R1,3m in new IT implementation

     14th September 2001 Iron, steel and mining giant Iscor saved R1,3 million within 195 days on its human resources datamart project, the first of seven projects it has undertaken with the Acta data-management solution, a 33% return on its original investment. 

Swiss group in new facility era

By: Keith Campbell     7th September 2001 SWISS-based mining group Xstrata saw the commissioning of a number of important new facilities during the first half of this year. 

Ferrochrome electrical contract nears completion

     7th September 2001 A fast-track electrical and instrumentation contract on a furnace and sinter plant for Bateman Titaco at Assmang’s Machadodorp ferrochrome works is being completed by B&W Industrial Technology. 

SA miner pleads for sanity in Aussie iron-ore rail talks

By: Terence Creamer     7th September 2001 Fledgeling South African mining group Kumba Resources – which is to list as an independent entity following the unbundling of steel and mining company Iscor later this year – is hoping that sanity will prevail as it begins negotiating access to rail infrastructure for its proposed... 

Second JV furnace switched on

     20th August 2001 The second new furnace at the Wonderkop ferrochrome plant in South Africa, a joint venture between Xstrata and Samancor, a subsidiary of BHP Billiton, has been switched on. 

Start planned for big Oz iron-ore mine in 2002

     20th July 2001 The feasibility study for the Hope Downs iron-ore project in the Pilbara region of Australia is due to be concluded at the end of the year by which time the technical evaluation and financial modelling will be in place and the appropriate environmental submissions to the regulatory authorities... 

Ferrochrome strike looms

     15th June 2001 Close to 800 workers at Xstrata in Rustenberg, North West Province, could embark on strike action after the National Union of Metalworkers of South Africa (Numsa) and the company failed to resolve a two-month dispute. 

Largest crusher for iron-ore mine

     7th June 2001 Reportedly the largest Kawasaki cone crusher produced in South Africa has been manufactured by IMS Engineering for Assmang’s Beeshoek iron-ore mine in the Northern Cape. 

Kiruna Sweden

By: System Author     24th November 2000 Mine 

Load-sharing backstops supplied to iron-ore mine

By: System Author     20th October 2000 Motors, drives & mechanical power transmission 

New iron-ore hope in Northern Cape

By: System Author     22nd September 2000 Assuming all goes well, Iscor’s Welgevonden iron-ore prospect could dramatically increase the group’s iron-ore exports within eight years. 

After R680m iron-ore project, plans for zinc and titanium

By: System Author     31st March 2000 It is common cause that resources group Iscor Mining has serious plans to move beyond the bread-and-butter of its iron-ore and coal-mines into base and heavy minerals. 

Third furnace at 100% and fourth one being considered

By: System Author     18th February 2000 Ferrous metals & minerals 

Ferrochrome production ‘could double’

By: System Author     3rd December 1999 Chromite mining and benefication company Hernic Ferrochrome forecasts that ferrochrome production in Southern Africa could double in the next ten years, to supply 75% of world demand. 

Chrome’s come-back kid

By: System Author     27th August 1999 Come-back kid South Witwatersrand Exploration Company (Sowits) is planning a return to the South African mining scene with its new chrome-mining interests which will give rise to the construction of a new multimillion-rand ferrochrome plant. 

A project six-pack

By: System Author     30th July 1999 Anglovaal Mining is in the throes of expanding on six fronts, the group’s largest brace of projects since its 1950s heyday. Under the leadership of CEO Rick Menell, 44 – a third-generation member of the family which co-founded the company – are multi-billion-rand initiatives in... 

Non-core activities divested

By: System Author     23rd April 1999 The divestment of all of Iscor’s international exploration activities to Australian listed company Africwest Gold, has been announced in line with the company’s strategy to focus on its core business. Iscor chairperson Hans Smith reported earlier this month that the divestment of its... 

Greenhills British Columbia

By: System Author     23rd April 1999 Name: Greenhills Operations Location: 8 km north-east of Elkford, British Columbia, Canada Brief description: The mine is Fording’s second-largest metallurgical/thermal coal-mine and has an annual production capacity of over 4,5-million tons of cleaned coal. In December 1992, Fording... 

Iron mine linkage on track

By: System Author     12th February 1999 The R60-million project to link the new Beeshoek mid-south iron-ore mine with the original process plant is nearing completion, reports Exclusive Technical Services (ETS) project manager Colin Healy. He explains that ETS is responsible for the design, supply and erection of the installation, with... 

Ore railway line enhanced

By: System Author     12th February 1999 In order to improve efficiencies on the Sishen–Saldanha iron-ore railway line, Spoornet business unit Orex commissioned the development of a smart-cable to allow the use of diesel locomotives on the electrically-powered line. The first of 12 smart-cable sets were delivered to Orex in... 

Iron-ore conveyor installed at Saldanha

By: System Author     12th February 1999 A luffing boom stacker and conveyor has been installed at the port of Saldanha Bay in the Western Cape by Bateman Materials Handling. These form a system in which a single continuous belt with a variable-speed drive is used. This design reduced the cost of the system by eliminating the need for... 

Kiruna, Sweden

By: Archivist     29th January 1999 Name: Kiruna Location: Sweden Products: Iron ore Mining method: The Kiruna crude ore is mined using sublevel caving. Kiruna’s current main haulage level is located at a depth of 775 m. Under the Future Production System (FPS), this level will be moved down to 1 045 m, which will allow... 

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