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Iron Ore News

Hope Downs iron-ore project

26th May 2006 The Hope Downs iron-ore deposits are located in the Pilbara region, about 1 000 km north of Perth. Three distinct iron-ore deposits make up the project: Hope 1, Hope 2 and Hope 3. The initial mine development will be based on Hope 1. The planned development of Hope Downs 1 forms the core of the... 

Sishen expansion project

12th May 2006 The project will entail the expansion of iron-ore production at the Sishen mine, which will start in 2006 with an additional three-million tons and ramp up to complete a ten-million-ton addition to the mine's output in 2008. 

Bloom Lake iron-ore mine

5th May 2006 Consolidated Thompson-Lundmark Gold Mines intends to construct a major mine in northern Quebec, producing five million tons a year of low-cost, high-quality ore concentrate. Bloom Lake's estimated 580-million tons of pit reserves contain few impurities and will produce concentrate at 66% purity. 

Bloom Lake iron-ore mine

28th April 2006 Consolidated Thompson-Lundmark Gold Mines intends to construct a major mine in northern Quebec, producing five million tons a year of low-cost, high-quality ore concentrate. Bloom Lake's estimated 580-million tons of pit reserves contain few impurities and will produce concentrate at 66% purity. 

Khumani mine project

21st April 2006 The project will involve the development of a greenfields 8,4-million-ton-a-year iron-ore export mine on the Bruce, King, and Mokaning farms in the Northern Cape. A second-phase expansion to 16-million tons is already being considered. 

Imminent deal with Transnet to unlock export growth to 8,4mt, but miner already looking for more

By: Terence Creamer     14th April 2006 Diversified miner Assmang expects the first “pick in the ground” at its newly-announced R3,2-billion Bruce, King, Mokaning (BKM) iron-ore export project by midyear. The company – a 50:50 joint venture between Assore and African Rainbow Minerals, which was delisted from the JSE... 

Hope Downs iron-ore project

7th April 2006 The Hope Downs iron-ore deposits are located in the Pilbara region, about 1 000 km north of Perth. Three distinct iron-ore deposits make up the project: Hope 1, Hope 2 and Hope 3. 

Project Bokamoso

24th March 2006 The project will involve the construction of chrome ore agglomeration facility. The project will consist of the erection and commissioning of two sintering and pelletising plants with a combined production capacity of around 1,2-million tons a year. 

Sishen expansion project (SEP)

17th March 2006 The project will entail the expansion of iron-ore production at the Sishen mine, which will start in 2006 with an additional three-million tons and ramp up to complete a ten-million-ton addition to the mine's output in 2008. The new plant will treat 16-million tons a year of combined run-of-mine... 

Miners shrug off currency constraints and go for growth

By: Liezel Hill     17th March 2006 Driven by the need to protect and expand reserves and spurred on by high commodity prices, mining companies are pressing on with high-value projects in South Africa, undeterred by constraints such as spiralling contractor fees and continued input-cost hikes. Based on a simple calculation, Mining... 

Mining group expands to meet rising demand

By: Keith Campbell     10th March 2006 Global mining group Xstrata plc is confident that the current above-long-term average prices for metals and minerals will continue for some years yet. 

Buffelsfontein ferrochrome-mine and smelting plant

3rd March 2006 The Buffelsfontein operation will be the first chromium operation in South Africa that has a processing plant adjacent to the mine, and is expected to be one of the lowest-cost producers of ferrochrome in the world. 

Mirror-image value release?

By: peter cromberge     20th January 2006 Will 2006 unbundlling release as much value as the one in 2001? 

Iron ore output to reach 1,3bn tons in 2005 - report

14th December 2005 While the iron ore boom continues, the pace of production-increase has slowed down somewhat, according to the UNCTAD Iron Ore Trust Fund's summary of the global iron ore market in the first half of 2005. 

High-carbon ferrochrome smelter project

9th December 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 t/y. 

Oz iron-ore alliance launched

7th December 2005 A coordinated approach to common-user infrastructure development and stakeholder relations is vital to unlock the full potential of Australia's fastest growing new iron ore province, according to the newly formed Geraldton Iron-Ore Alliance, launched yesterday. 

Chrome-miner plans cautious expansion

By: andrew lanham     2nd December 2005 Samancor Chrome first came to the attention of the chairmperson of Kermas, Dr Danko Konchar, at the time when BHP Billiton announced the operations were to be sold. 

Mittal Steel South Africa capex programme

25th November 2005 Mittal Steel South Africa is to embark on a capex programme, which will involve a variety of asset-replacement projects, as well as the expansion of existing facilities in addition to the R1-billion already being spent on environmental projects. 

Access agreement secured for Oz iron-ore deposit

24th November 2005 ASX-listed fund-management group WRF Securities said yesterday it had signed a native-title access agreement, clearing the way for granting of an exploration licence covering the Mt Constance iron-ore deposit, in North Queensland, Australia. 

Rapid Growth Project 3 (RPG3)

18th November 2005 BHP Billiton has announced approval for the RPG3, which will increase capacity at its Area C iron-ore-mine in Western Australia by 20-million t/y to 42-million t/y. 

Rapid Growth Project 3 (RPG3)

4th November 2005 BHP Billiton has announced approval for the RPG3, which will increase capacity at its Area C iron-ore-mine in Western Australia by 20-million t/y to 42-million t/y. The RGP3 scope includes the development of a new pit at the Area C ‘E Deposit’, construction of new crushing and... 

Buffelsfontein ferrochrome-mine and smelting plant

28th October 2005 The Buffelsfontein operation will be the first chromium operation in South Africa that has a processing plant adjacent to the mine, and is expected to be one of the lowest-cost producers of ferrochrome in the world. 

Project on track for 2007 start up

By: peter cromberge     28th October 2005 Construction of a new ferrochrome plant at the Buffelsfontein ferrochrome smelting and mining operation in the North West will be completed at the end of 2007 in time for the plant to take advantage of projected continued growth in the stainless steel industry. 

BHP reports record copper, nickel production

By: Liezel Hill     28th October 2005 Diversified resources giant BHP Billiton said yesterday, in its production report for the September quarter, that the group had sought to accelerate production across the board to take advantage of high prices and rising demand for its commodities, although a number of external factors had... 

BHP says to go ahead with Brazil iron-ore project

24th October 2005 Diversified resources group BHP Billiton last week announced approval of the Samarco Third Pellet Plant project in Brazil. 

BHP in $1,3bn spend to increase iron-ore output

21st October 2005 The world's largest diversified miner BHP Billiton yesterday announced approval for a $1,3bn growth project to push output at its Western Australia iron-ore mine by 20-million tons. 

IFM starts construction of ferrochrome project

20th October 2005 AIM-listed International Ferro Metals (IFM), yesterday started construction of its ferrochrome plant at the Buffelsfontein ferrochrome smelting and mining operation near Mooinooi in the North West province, South Africa. 

Tight timeframe for building of new chrome operation

By: Nicola Mawson     17th October 2005 A new ferrochrome mine and smelting operation in the North West will be in production in 18 months' time and is to provide Chinese stainless-steel firm Jiuquan Iron and Steel Company (Jisco) with ferrochrome as part of an offtake agreement. 

Furnace rebuilds add flexibility

By: andrew lanham     14th October 2005 In South Africa, there are currently seven companies involved in the production of various ferroalloys. 

Ferrochrome producer to raise R554m

10th October 2005 JSE-listed ferrochrome producer Merafe Resources announced at the weekend that the company is proceeding with a rights offer to raise R554-million. 

Motsepe says Swanepoel still the best

By: peter cromberge     23rd September 2005 Although the value of Harmony Gold’s shares coughed and wheezed after the company’s failed takeover bid for Gold Fields, African Rainbow Minerals (Arm) executive chairman Patrice Motsepe believes that Arm’s 16% stake in Harmony remains a good investment. 

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. 

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. 

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. 

Another R1bn iron-ore project soon

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

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