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Iron-ore

Image shows Rio Tinto logo
Another Rio blast damages rock shelter
22nd September 2023 By: Esmarie Iannucci

Diversified miner Rio Tinto on Friday said it was working with traditional owners in the Pilbara after blasting operations at its Nammuldi iron-ore mine impacted an ancient rock shelter. “As part... 


Image shows iron-ore stockpiles
BHP marks three-billion tonnes to China
21st September 2023 By: Esmarie Iannucci

Major BHP has marked three-billion tonnes of iron-ore exports to China. “BHP’s relationships with our customers in China have been fundamentally important to our company over the past 50 years,”... 


Capital secures major Nevada gold mining contract
20th September 2023 By: Darren Parker

London-listed mining services company Capital has announced the award of a significant drilling contract in Nevada, in the US, along with associated rig purchases, as well as an update on the... 


Fortescue says investors welcomed decisive moves on executives
20th September 2023 By: Bloomberg

Fortescue Metals Group, dealing with a string of high-level departures that has raised questions over plans to transform the group into a green-energy powerhouse, said on Tuesday that investors... 


Rio Tinto CEO says Chinese steel demand is close to peaking
19th September 2023 By: Bloomberg

The chief executive officer of the world’s second-largest iron ore producer believes Chinese consumption of steel is close to topping out, with demand next year likely to be similar to 2023.... 


Rio Tinto shoulders Simandou iron-ore bill as Chinese funds delayed – sources
18th September 2023 By: Reuters

Rio Tinto has been solely funding preparatory work at the blocks it holds at Simandou, one of the world's largest untapped iron-ore deposits, as its Chinese partners are yet to make their funds... 


Ironveld smelter
Ironveld’s new power generation capability enables continuous furnace operation
18th September 2023 By: Darren Parker

Iron producer Ironveld confirmed in a September 18 operational update that the successful implementation of newly installed power generation at its Rustenburg facilities, in South Africa, had... 


BHP's economic contribution reaches A$60bn in Aus
BHP's economic contribution reaches A$60bn in Aus
18th September 2023 By: Esmarie Iannucci

Diversified miner BHP contributed A$60-billion in economic value to the Australian economy in the 2023 financial year, of which A$18-billion was spent in taxes, royalties and other payments to the... 


Rio donates C$4m to Canadian rail training
15th September 2023 By: Esmarie Iannucci

Diversified miner Rio Tinto’s Iron Ore Company of Canada (IOC) has announced a C$4-million donation, over two years to bilingual college Cégep de Sept-Îles in Quebec, for the construction of its... 


A locomotive owned by Transnet Freight Rail
Considerable challenges hampering TFR's performance, but interventions under way
14th September 2023 By: Tasneem Bulbulia

There are myriad of challenges plaguing State-owned rail operator Transnet Freight Rail (TFR), ranging from infrastructure and security to skills shortages; however, several interventions are under... 


Kruger Park opposes new border link to Mozambique
Kruger Park opposes new border link to Mozambique
14th September 2023 By: Bloomberg

South Africa’s biggest wildlife reserve and some local businesses are opposing plans for a new privately operated trucks-only border crossing aimed at speeding up mineral exports to ports in... 


Chris Griffith
Griffith appointed president of Vedanta's intl businesses, CEO of its base metals unit
14th September 2023 By: Creamer Media Reporter

Former Gold Fields CEO Chris Griffith has been appointed CEO of Vedanta Resources' Base Metals unit and president of its International Businesses, with effect from October 2. He will lead the... 


Iron-ore declines as data shows China property concerns persist
13th September 2023 By: Bloomberg

Iron-ore fell for the first time this week as a lull in China’s property sector persists, with fresh data showing a recent spurt in home sales in its capital losing momentum. Prices of the key... 


School of Mining in operational surroundings.
New mining school nurturing human capital in anticipation of major upcoming demand
12th September 2023 By: Martin Creamer

Copper mining company Copper 360, which announced in August that its School of Mining was under development at Concordia operation in the Northern Cape, has launched its first set of courses, aimed... 


Anglo American eager for Buena Vista concentrate
8th September 2023 By: Esmarie Iannucci

ASX-listed Magnum Mining & Exploration has flagged a potential offtake deal with mining major Anglo American over all of the iron-ore produced from the Buena Vista iron project, in Nevada. Magnum... 


ICMM CEO Rohitesh Dhawan
ICMM publishes guidance to improve the mining, metals industry’s disclosure of Scope 3 emissions
7th September 2023 By: Creamer Media Reporter

Global metals and mining industry body ICMM has published a 'Scope 3 Emissions Accounting and Reporting Guidance', which provides a standardised framework for mining and metals companies to... 


Former ARM CEO Mike Schmidt, in new executive of growth and strategic development role.
ARM achieves 4% ‘tip of iceberg’ decarbonisation target with much more to come
7th September 2023 By: Martin Creamer

In the 12 months to June 30, diversified mining company African Rainbow Minerals (ARM) achieved the 4% carbon reduction target that executive chairperson Dr Patrice Motsepe set for the Johannesburg... 


Iron-ore giant Vale says China property outlook is more encouraging
6th September 2023 By: Bloomberg

No. 2 iron-ore miner Vale said the outlook for China’s steel-intensive property sector is “more encouraging” despite uncertainties, and reiterated its long-term view of the global steel market... 


Andrew Forrest
Iron-ore miner Fortescue says executive exodus reflects green shift
6th September 2023 By: Bloomberg

A clutch of executive-level departures at Australian iron-ore miner Fortescue Metals Group is linked to the need to focus on its break into the green-energy industry, the company’s billionaire... 


Vale to start building Middle East 'mega hubs' in 2024
6th September 2023 By: Reuters

Brazilian miner Vale said on Tuesday it expects to start building "mega hubs" in Middle Eastern countries next year to make low-carbon iron ore products for the steel industry, with the first one... 


African Rainbow Minerals CEO Phillip Tobias.
Cost focus is key, new African Rainbow Minerals CEO emphasises
5th September 2023 By: Martin Creamer

Ensuring cost-competitive operational performance and increasing efficiencies and outputs to improve margins were cited as being key by new African Rainbow Minerals (ARM) CEO Phillip Tobias when he... 


African Rainbow Minerals Executive Chairperson Dr Patrice Motsepe
Results, results, results needed from Transnet partnership, Motsepe emphasises
4th September 2023 By: Martin Creamer

The partnership of South Africa’s mining industry and State-owned rail enterprise Transnet must translate into “results, results, results”, African Rainbow Minerals executive chairperson Dr Patrice... 


Nigeria to set up solid minerals corporation to attract investment
4th September 2023 By: Reuters

Nigeria plans to set up the Nigerian Solid Minerals Corporation, a State-backed company to help attract investments into the extraction of gold, coal, iron-ore, bitumen, lead, limestone and baryte,... 


African Rainbow Minerals Executive Chairperson Dr Patrice Motsepe.
ARM declares final dividend in financial year of R6.6bn dividend payout
4th September 2023 By: Martin Creamer

Diversified mining company African Rainbow Minerals (ARM) has declared a R2.6-billion final dividend in a financial year of R6.6-billion worth of dividends being allocated to its shareholders. Net... 


Transnet chairperson Andile Sangqu
New Transnet chair hints at possible equity injection as group slumps to R5.7bn loss
1st September 2023 By: Terence Creamer

New Transnet chairperson Andile Sangqu has indicated that the troubled State-owned freight logistics group, which has hitherto prided itself on being financially self-sufficient, may require and... 


Vale starts producing test loads of iron ore briquettes
31st August 2023 By: Reuters

Brazilian miner Vale has started test loads of its iron-ore briquette and is preparing to begin serving a backlog of customers, a top executive said, saying the new product should help steelmakers... 


Christine Morris has resigned as CFO - two months into the job.
Another major resignation at Fortescue
31st August 2023 By: Esmarie Iannucci

Iron-ore major Fortescue’s CFO has quit, just days after CEO Fiona Hick resigned. The company on Thursday reported the departure of CFO Christine Morris, and announced the appointment of group... 


Cleveland-Cliffs and USW seal new Northshore labour agreement
30th August 2023 By: Mariaan Webb

Vertically integrated Cleveland-Cliffs has reached a tentative agreement with the United Steelworkers (USW) on a new three-year labour agreement, covering about 430 workers at the Northshore mine,... 


Iron-ore remains resilient despite China's property woes
Iron-ore remains resilient despite China's property woes
29th August 2023 By: Bloomberg

The one commodity that should be getting hammered by China’s worsening property crisis is actually doing rather well. Iron ore climbed to its highest in a month last week after a rally that has... 


Transnet Freight Rail locomotive and wagons
Seamless operation of trains between South Africa, Moz extended to include chrome, ferrochrome flows
29th August 2023 By: Creamer Media Reporter

South Africa's Transnet Freight Rail (TFR) and its Mozambican counterpart Caminhos De Ferros De Mocambique (CFM) have agreed that the seamless operation of trains between the two countries will be... 


Durban Container Terminal Pier 2
Draft Freight Logistics Roadmap promised by year-end
28th August 2023 By: Terence Creamer

A new ‘Freight Logistics Roadmap’ is currently undergoing an internal government consultative process for publication before the end of the year, the latest Operation Vulindlela progress update... 


Image shows Fiona Hick
CEO exit casts shadow on Fortescue results
28th August 2023 By: Esmarie Iannucci

Iron-ore major Fortescue has reported record shipments during the 2023 financial year, while also announcing the departure of CEO Fiona Hick only six months after her appointment. Hick’s... 


UK SFO closes Rio Tinto and ENRC investigations with no charges
UK SFO closes Rio Tinto and ENRC investigations with no charges
25th August 2023 By: Bloomberg

The UK’s fraud cops quietly dropped two long-running investigations into iron-ore giant Rio Tinto and Kazakh miner Eurasian Natural Resources Corp (ENRC). without bringing any charges, in another... 


ARM warns of lower earnings on lower prices, production and logistics challenges
24th August 2023 By: Creamer Media Reporter

Diversified mining and minerals company African Rainbow Minerals (ARM) expects to report an 18% to 27% year-on-year decrease in headline earnings to between R8.28-billion and R9.3-billion for the... 


Drilling confirms Bloom Lake expansion potential
Drilling confirms Bloom Lake expansion potential
24th August 2023 By: Mariaan Webb

Dual-listed Champion Iron has confirmed the expansion potential of the Bloom Lake mine, in Quebec, announcing a 40% increase in its measured and indicated resources. The company has updated its... 


Railway infrastructure
Transnet revamps security as crime hobbles trains
23rd August 2023 By: Bloomberg

State-owned rail network operator Transnet has hired five private security companies in an effort to reduce chronic theft and vandalism of trains that disrupt its operations. Transnet said it was... 


Call opens for public opinion on new Fortescue mine
23rd August 2023 By: Esmarie Iannucci

Iron-ore major Fortescue’s plans for a new mine near Newman, in Western Australia, has been opened for public comment. The Nyidinghu mine would mine up to 65-million tonnes a year of ore and... 


The Olympic Dam operation in Australia
Commodity prices fell BHP revenues
22nd August 2023 By: Esmarie Iannucci

Lower commodities prices have seen diversified major BHP report a 58% fall in its attributable profit for the full year ended June, from $30.9-billion to $12.9-billion. Revenue for the full year... 


Technical refresh adds to Buena Vista economics
21st August 2023 By: Esmarie Iannucci

A technical refresh of the Buena Vista feasibility study has shown that the project could be moved to a 24/7 operating model and could increase its potential output from 450 000 t/y to 800 000 t/y... 


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