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Iron Ore News

Kumba says BEE, split to be finalised by end September

By: Mariaan Webb     6th September 2006 Diversified-miner Kumba Resources said that it would finalise its R16-billion black economic-empowerment (BEE) deal, which would see the company split into two entities, Exxaro and Kumba Iron Ore, by month-end. 

SA industry will hit wall if chromite-ore exports persist

By: Laura Tyrer     18th August 2006 South Africa’s ferrochromium industry can anticipate a bleak future if chromite-ore exports to China persist, cautions Mintek CEO Dr Paul Jourdan. 

Buffelsfontein ferrochrome-mine and smelting plant

11th August 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. 

Merafe plans to move into Chinese ferrochrome market by end of year

By: Jade Davenport     11th August 2006 South African ferrochrome producer Merafe Resources is confident that it will be able to make supply inroads into the rapidly expanding Chinese market by the end of this year. 

Lion ferrochrome project

4th August 2006 The project comprises the construction of furnaces to produce a million tons a year of lower-silicon ferrochrome. The smelter will eventually be expanded into a million-tons-a-year complex by the implementation of phases two and three. 

Karara iron-ore project

28th July 2006 The Karara project tenements cover approximately 150 km2 of highly prospective banded iron formation and includes the four-kilometre-long Karara magnetite deposit and surrounding high-grade hematite ore deposits. 

JSE-listed chrome producer strengthes alliance with giant

By: Laura Tyrer     21st July 2006 JSE-listed Merafe Resources saw its participation in the Xstrata-Merafe Chrome Venture increase from 17,5% to 20,5% as of July 1, this year. 

Khumani mine

21st July 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. 

Sishen expansion project

14th July 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. 

BHP Billiton sees continued strong demand for iron-ore, manganese and metallurgical coal

By: Helene Le Roux     14th July 2006 The world’s largest diversified mining company BHP Billiton believes that the strong demand for carbon-steel materials will continue, mainly based on the growing Chinese economy. 

Full steam ahead for Northern Cape iron-ore expansion

By: Matthew Hill     23rd June 2006 While Kumba Resource’s Sishen Expansion project (SEP) has recently passed the 30% completion mark, current production at Sishen is being maximised to try to meet the market’s demands. “The market is putting pressure on Kumba and other local iron-ore producers to increase... 

Local drum reclaimers for iron-ore expansion

23rd June 2006 Boasting one of the largest facilities of its type in the world, DCD-Dorbyl Heavy Engineering Vereeniging has been commissioned by Krupp Materials Handling to manufacture the two TAS 40 drum reclaimers for the Sishen Expansion Project.?The company has a successful record of accomplishment in... 

Firm clinches contract for South Africa’s largest apron feeder

23rd June 2006 Vereeniging-based Metso Minerals has been awarded its largest single value orders for apron feeders world wide. ?The company is currently manufacturing an apron feeder for the primary gyratory crusher discharge as well as a further four units for the stockpile reclaim for the Sishen Expansion... 

Sishen thickeners on site by year-end

By: Matthew Hill     23rd June 2006 Johannesburg-based GL&V South Africa has been awarded a contract to supply two thickeners to treat fine residue from the jig plant at the Sishen Expansion Project (SEP) at Sishen iron-ore mine in the Northern Cape. 

Local firm to supply 18 jigs to Sep

23rd June 2006 Johannesburg-based Allmineral, South Africa subsidiary of the Duisburg Concern, has been contracted by Kumba Resources to supply 18 alljigs to its Sishen mine in the Northern Cape. 

Iron-ore expansion on track

By: Matthew Hill     23rd June 2006 But capex up by R609-million 

Local firm secures R20m screen, feeder order

By: Matthew Hill     23rd June 2006 Locally-owned vibrating equipment supplier Joest has recently won a R20-million contract to supply the Sishen Expansion project (SEP) with its vibrating screens and feeders. 

Sishen Expansion Project Fact Box

By: Matthew Hill     23rd June 2006 Project: Sishen Expansion Project Description: The Sishen Expansion Project is a brownfields project set to increase Kumba Resources’ Sishen iron-ore mine’s current production of 28-million tons by 10-million tons by 2008. Sep will have some 350 permanent employees and will involve 1... 

El Mutun iron-ore mine

23rd June 2006 India's Jindal Steel & Power Limited (JSPL) has been awarded the development rights for the 20-billion-ton reserve El Mutun iron-ore mine in Bolivia. 

Hope Downs iron-ore project

9th June 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... 

Buffelsfontein ferrochrome-mine and smelting plant

2nd June 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. 

Hope Downs iron-ore project

2nd June 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... 

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. 

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