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Iron Ore News

Another record at Sishen

     14th February 2002 Metals and mining company Kumba Resources has announced that its Sishen Mine achieved a new milestone in its history. 

Iron-ore strikes while the steel market is hot

     8th February 2002 The future of the iron-ore industry hinges firmly on the demand for crude steel. Over the last three to four years, production-output records have been achieved despite the volatility of both iron-ore and crude steel market prices, reports Minerals Bureau mineral economist for ferrous metals... 

Big ferrochrome producer to shut down operations

     7th February 2002 The decision by Norway’s Elkem to shut down its ferrochrome production should have a limited effect on the market’s balance, but does reflect tough times for producers at present, traders said. 

Iron-ore giant hits a weekly output record

     7th February 2002 A new all-time weekly production record of 682 347 tons of saleable products (a 2,6% improvement on the previous record) has been set by the Sishen mine during the week ending 2002-02-03. 

Ferrochrome plant to produce 175 000 t in 2002

     31st January 2002 South Africa’s Assmang chrome plant has spent R750-million to raise capacity of ferrochrome alloy to more than 300 000 tons a year from about 100 000 tons despite weak metal prices, the company said. 

Iron-ore project for Western Australia

     31st January 2002 Resource company BHP Billiton has approved a project to produce a new high value lump pisolite iron-ore product at its Yandi mine in Western Australia. 

Brazilian firm awards IT contract

     18th January 2002 Mining and mineral information technology (IT) supplier Gemcom Software has been awarded a contract by Ferteco of Brazil to enhance its mine planning operations. 

IT and iron-ore firm forms strategic alliance

     18th January 2002 International mining information technology (IT) firm Modular Mining Systems has entered into a strategic alliance with Cleveland-Cliffs, a leading supplier of high-quality iron-ore products for the North American steel industry. 

South America's mining giants – when will they move out

     10th December 2001 One of the big questions in world mining today is when, where and how South American giants CVRD (Brazil) and Codelco (Chile) go international. It seems CVRD is going into China. 

Menell confirms iron-ore strategy

By: Terence Creamer     7th December 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. 

Firm strategically positioned for growth

By: Deborah Spicer     30th November 2001 Having completed a five-year re-engineering drive, Kumba Resources is intent on making its strategic business units (SBUs) more efficient by increasing the volumes produced and critically challenging potential investments. 

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. 

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