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Iron-ore

GEM and Anglo teams at signing ceremony.
Anglo launches battery raw materials research project with large China recycler
26th January 2024 By: Martin Creamer

South Africa-founded and Johannesburg- and London-listed Anglo American on Friday announced the launch of a research and development project in collaboration with one of China’s largest battery and... 


Bento Rodigues district was covered in mud after Samarco dam burst in Mariana IN 2015.
BHP to review court decision on $31.5bn Fundao dam claim
26th January 2024 By: Reuters

BHP Group said on Friday it would review a Brazilian Federal Court decision regarding a 155-billion reais ($31.53-billion) government claim over the 2015 collapse of Fundao dam owned by Samarco,... 


Brazil orders Vale, BHP and Samarco to pay $9.7bn in damages for dam disaster
Brazil orders Vale, BHP and Samarco to pay $9.7bn in damages for dam disaster
26th January 2024 By: Reuters

A Brazilian federal judge ruled that miners Vale and BHP and their joint venture Samarco must pay 47.6-billion reais ($9.67-billion) in damages for a 2015 tailings dam burst, according to a legal... 


Richard Adkerson
Freeport-McMoRan's profit beats estimates on strong copper production
25th January 2024 By: Reuters

Copper miner Freeport-McMoRan beat Wall Street estimates for fourth-quarter profit on Wednesday, helped by strong production and higher prices for the red metal, sending its shares up about 6% in... 


Plaintiffs demand €582m from TÜV Süd over Brazil dam burst
25th January 2024 By: Bloomberg

More than 1 400 plaintiffs are demanding over €582-million in damages from German industrial inspector TÜV Süd over its alleged role in the deadly collapse of a dam in Brazil, their lawyers said on... 


Iron-ore being loaded onto a ship
Red sea attacks push BHP to divert some shipping via African coast
25th January 2024 By: Reuters

Australian mining giant BHP Group said on Thursday that the Red Sea disruptions are forcing some of its freight service providers to take alternative routes, such as Africa's Cape of Good Hope,... 


Fortescue's first-half shipments hover near record high; shares rise
Fortescue's first-half shipments hover near record high; shares rise
25th January 2024 By: Reuters

Australia's Fortescue logged a near-record iron-ore shipments for the first half and kept full-year forecast unchanged on Thursday, as the mining giant ramps up production at its flagship Iron... 


The Maputo port
DP World’s $2bn Mozambique port expansion gets approval
24th January 2024 By: Bloomberg

Mozambique approved an extended deal for DP World, Grindrod and other operators of its biggest port, including a $2-billion expansion that will further draw cargoes away from neighboring South... 


Iron-ore drill core
Tsodilo applies to have Botswana Minerals and Energy Minister held in contempt of court
24th January 2024 By: Darren Parker

Canadian mineral resources exploration and development company Tsodilo Resources has filed an interlocutory application in the Botswana High Court, calling on Minerals and Energy Minister Lefoko... 


Fortescue faces rare delays for China iron-ore customs clearance - sources
23rd January 2024 By: Reuters

At least two iron-ore cargoes from the world's No.4 supplier Fortescue Metals Group are facing unusual customs delays at north China's Caofeidian port due to inspections for solid waste, sources... 


Two Australian resource-rich regions facing destructive storms
Two Australian resource-rich regions facing destructive storms
22nd January 2024 By: Bloomberg

Two Australian resource-rich regions are bracing for potentially damaging storms that could lead to flooding, the latest threats after months of extreme weather events. A tropical low developing... 


Lula pushes ally for Vale CEO as Brazil’s iron-ore miner weighs succession
Lula pushes ally for Vale CEO as Brazil’s iron-ore miner weighs succession
22nd January 2024 By: Bloomberg

Political lobbying as much as boardroom maneuvering could determine who wins the race to become the next boss of Vale, the world’s No. 2 iron-ore producer. Brazilian President Luiz Inacio Lula da... 


Startup aims to transform WA from world’s mine into world’s foundry
Startup aims to transform WA from world’s mine into world’s foundry
19th January 2024 By: Mariaan Webb

Perth-headquartered Element Zero, a green materials platform company launched by former Fortescue executives, has raised $10-million in seed funding for its pioneering zero-carbon metal conversion... 


Magnum pursues main board US listing
Magnum pursues main board US listing
19th January 2024 By: Mariaan Webb

Australia-based iron-ore firm Magnum Mining & Exploration has terminated its OTC-QB listing process and will instead pursue a listing on a major US stock exchange to advance its Buena Vista iron... 


Gwede Mantashe
Cadastre imminent, 2024 to be used as year to clear backlogs, says Minerals Minister
18th January 2024 By: Martin Creamer

The introduction of an electronic cadastral system to record and enable online access to mining data is imminent, Mineral Resources and Energy Minister Gwede Mantashe emphasised in an interview... 


BHP CEO Mike Henry
BHP’s solid first half dimmed by metallurgical coal stumble
18th January 2024 By: Mariaan Webb

Diversified mining group BHP has had a “solid” operational first half, CEO Mike Henry said on Thursday, reporting higher six-month copper and energy coal production, but lower iron-ore and... 


ICMM CEO Rohitesh Dhawan
Global mining commits to nature-positive future
18th January 2024 By: Martin Creamer

Global mining and metals companies have committed at Davos to take urgent action to support a nature-positive future by 2030 that promotes the health, diversity and resilience of species,... 


Ian Cockerill, Mark Cutifani and Tony O'Neill
South Africa-linked mining luminaries advising on metals industry greening
17th January 2024 By: Martin Creamer

South Africa-linked mining luminaries are playing roles in an initiative to transform the metals industry with clean technology. Being targeted for metals is the elimination of energy-intensive... 


Plates of biochar and green pig iron
Engineering study demonstrates viability of Saudi green pig iron project – Magnum
17th January 2024 By: Chanel de Bruyn

ASX-listed Magnum Mining & Exploration has successfully completed an engineering study into the technical and economic viability of establishing a green, high-purity pig iron (GHPPI) project, in... 


Copper 360 CEO Jan Nelson
Smart wristwatches to uplift mineworker well-being at Copper 360
16th January 2024 By: Martin Creamer

Computer programmes that use artificial intelligence (AI) to model orebodies and plan mines optimally have already been introduced by Copper 360, says the JSE AltX-listed Northern Cape copper... 


CEO Jakob Stausholm
Rio Tinto sees gradual recovery in China’s economy in 2024
16th January 2024 By: Mariaan Webb

Diversified mining major Rio Tinto expects stimulus measures implemented by China to catalyse a slow but steady recovery of the world’s second-biggest economy in 2024, providing reinforcement to... 


CZR sells Robe Mesa iron-ore project for A$102m
12th January 2024 By: Creamer Media Reporter

ASX-listed CZR Resources has entered into a binding agreement to sell its Robe Mesa iron-ore project to Miracle Iron Resources, with CZR retaining its Croydon and Buddadoo exploration assets. CZR,... 


JSE business development manager Patrycja Kula-Verster
JSE presents opportunity for critical mineral miners to access capital
12th January 2024 By: Martin Creamer

Critical mineral demand is growing significantly at a time when South Africa has a pressing need to reawaken its public markets – two crucial needs that can be fulfilled in one go by companies... 


China's 2023 iron-ore imports hit a record high on rising demand
China's 2023 iron-ore imports hit a record high on rising demand
12th January 2024 By: Reuters

China's iron-ore imports in 2023 hit a record high, up 6.6% from a year before, customs data showed on Friday, thanks to stronger demand amid a lack of government-mandated steel output caps and... 


Ferrexpo reports 33% slump in annual iron-ore pellet production
11th January 2024 By: Reuters

Ferrexpo reported a 33% slump in annual production of iron-ore pellets on Thursday as the Ukraine-focused miner waded through a second year of disruptions caused by the Russian invasion. The... 


Genmin receives permit for Gabon iron-ore mine
9th January 2024 By: Darren Parker

Emerging African iron-ore producer Genmin has announced that a large-scale 20-year mining permit has been issued for its 100%-owned Baniaka iron-ore project in Gabon. The mining permit was issued... 


The Simandou range
Arrow Minerals restarts Guinea fieldwork
20th December 2023 By: Donna Slater

West Africa-focused explorer and developer Arrow Minerals reports that fieldwork has been restarted at its flagship Simandou North iron ore project in the Republic of Guinea. The initial work... 


Rio Tinto's iron-ore operations in WA
WA resources sector drives record budget surplus despite green tape, says CME
19th December 2023 By: Creamer Media Reporter

The Chamber of Minerals and Energy (CME) of Western Australia (WA) says the release of the WA government’s mid-year budget review is further confirmation that the state's resources sector is the... 


EU adopts 12th package of sanctions against Russia
18th December 2023 By: Reuters

The European Union (EU) Council has adopted a twelfth package of sanctions against Russia, the European Commission said in a statement on Monday, after Austria gave its final approval over the... 


Cleveland-Cliffs pivots to share buybacks after losing US Steel to Nippon
18th December 2023 By: Bloomberg

Cleveland-Cliffs announced an “aggressive” share-buyback program just months after making an ultimately unsuccessful takeover bid for rival United States Steel Corp. Cliffs shares jumped as much as... 


UK to implement carbon levy on imported goods by 2027
18th December 2023 By: Reuters

Britain will implement a new carbon import levy on some products from 2027 to help to protect businesses against cheaper imports from countries with less strict climate policies, the government... 


Botswana High Court orders Minister to renew Tsodilo subsidiary's prospecting licence
18th December 2023 By: Creamer Media Reporter

The High Court of Botswana has ordered the Minister of Minerals and Energy to renew Gcwihaba Resources' one prospecting licence and to align the effective dates of contiguous licences with that of... 


Zanaga appoints new CEO
14th December 2023 By: Creamer Media Reporter

Iron-ore exploration and development company Zanaga Iron Ore Company (ZIOC), which is developing its flagship Zanaga project in Congo-Brazzaville, has appointed Martin Knauth CEO, with immediate... 


A TFR locomotive
South Africa aims to fire up economic growth with port, rail revival
13th December 2023 By: Bloomberg

South Africa’s government and the business community set a target of boosting the economic growth rate by as much as six percentage points by fixing the country’s collapsing ports and freight-rail... 


ICMM CEO Rohitesh Dhawan.
Mining urged to embrace international council’s new Scope 3 emissions guidance
13th December 2023 By: Martin Creamer

All mining and metals companies are being urged to embrace new guidance on reducing Scope 3 emissions, which was published by the International Council for Mining and Metals (ICMM) on Wednesday.... 


Western Australian geologist David Flanagan will head up Arrow Minerals.
Flanagan to head Australian junior hunting for Simandou riches
13th December 2023 By: Mariaan Webb

Australian junior Arrow Minerals has announced a recapitalisation and board restructure, which is aimed at unlocking the potentially significant value of its Simandou North iron-ore project in... 


Vale mulls briquette plants in Gulf of Mexico, Middle East
13th December 2023 By: Reuters

Brazilian miner Vale is considering implementing new iron ore briquette plants in Brazil, the Middle East and the Gulf of Mexico, chief executive Eduardo Bartolomeo said on Tuesday, as the firm... 


BHP and HBIS partner on steelmaking decarbonisation
BHP and HBIS partner on steelmaking decarbonisation
11th December 2023 By: Creamer Media Reporter

Diversified miner BHP is teaming up with Chinese steelmaker HBIS to demonstrate the use of its iron-ore in direct reduced iron (DRI) production trials. “DRI is an important element of our pathways... 


An image of Anglo American CE Duncan Wanblad
Anglo reconfigures some assets as it targets lower costs, capex
8th December 2023 By: Tasneem Bulbulia

Global diversified miner Anglo American is focusing on improving its cost performance and cash generation by reconfiguring several assets to adjust the production profile to near-term constraints... 


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